Creating an additional Holiday Loading item
Legacy KB ID: 4946
Question
I need to track Holiday Loading differently for different categories of employees. Can I create additional Holiday Loading items?
Answer
With the change of tax treatment of Holiday Loading pays on 1st July 2012, you can now create multiple Holiday Loading items without an adverse impact on PAYG charging.
Detailed Instructions
Create a new Holiday Loading item called Holiday Loading 2
- In the Payroll Item List New > Wage > Other
- Follow the Wizard and set Holiday Loading 2 as a percentage – eg: 17.5%;
Add the new payroll item to the Earnings section after normal earnings and holiday items:
- If using salary items, transcribe the amount for Holiday Salary to the Quantity column for Holiday Loading 2;
- If using holiday pay items, transcribe the amount for Holiday Pay in the Employee summary to the Quantity column of Holiday Loading 2.
Check your entry for Holiday Loading 2 in the Employee Summary.
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