We're running an automatic uplift to catch any statutory payments that missed the rate update at the start of the tax year. Here's everything you need to know.
Statutory rate uplift for 26/27
What's happening and why
We're running an automatic uplift to catch any statutory payments that missed the rate update at the start of the tax year. Here's everything you need to know.
What is this uplift?
After the 26/27 statutory rates were introduced into Paycircle on 03/02/26, an automatic process was run on 01/04 to uplift any SMP, SSP, or SPP schedules to the new rates. For some schedules, this process timed out before it could complete.
To make sure everyone is paid correctly, we're running a second uplift on Wednesday 8 July at 9 pm. This will take at least several hours to complete.
What will this affect?
The uplift will apply to any SMP, SSP, or SPP schedule that meets all of the following criteria:
It was added to Paycircle before the 26/27 rates were loaded into the system
It was missed by the original uplift attempt on 01/04 due to the timeout
It hasn't been updated manually since
It will include schedules that have already been completed.
What will happen to my payroll?
If you've already updated your schedules manually, you won't see any change. The uplift only applies to schedules that were missed.
If you've been using pay elements to top up the shortfall, you'll see a doubling up of payments, as the uplift will apply the correct rate on top of the manual top-up you've already added.
If your current period has already been calculated, the uplift (or shortfall value) will still be applied to it. This means you may see changes to your reports and current period figures after the uplift runs.
How will I know if it's happened?
Every uplift will be recorded in your activity logs, so you'll have a clear trail of what changed and when. You'll also see an alert in the current period to flag that an uplift has taken place.
What do I need to do?
If your schedule has already been updated, you don't need to do anything. The uplift won't make any changes here.
If you've been using pay elements to top up the shortfall, you'll need to take action once the uplift runs. You have a few options, depending on what works best for your situation:
Undo the schedule update and carry on using pay elements. This is likely to be the simplest option if the schedule is already completed, or if there are only a period or two left to run.
Cancel the schedule and add a new one, ensuring you include the manual top-ups you've added in the "Total payments made so far" field. This lets the new schedule pick up correctly from where you left off.
Reverse the top-ups you've made by adding a gross deduction to the current period and reducing the employee's statutory YTD. This will allow the schedule to take over and will prevent duplication of payments.
If you're not sure which approach applies to your situation, please get in touch with our support team, and we can help you check.