Posts

New “KC” NI Code Prefix

Important information regarding the introduction of “KC” as a prefix for National Insurance numbers

This change was not included in the specification HMRC provided to payroll software developers this year. It’s also not catered for by the Government Gateway itself. As a result, Opera 3, Opera II and Capital Gold payroll systems do not accept NI numbers with the KC prefix, and FPS submissions containing these NI numbers are currently being rejected.

Until this issue is resolved, HMRC guidance to employers is not to enter NI numbers with the KC prefix into their payroll systems. We therefore advise users of Opera 3, Opera II and Capital Gold Payroll to leave the National Insurance Number field blank when adding a new employee with a KC NI number, and ensure that the employee’s name and address details are completed in full as HMRC will be using these as employee identifiers.

NOTE: Please contact HMRC for further information

Pegasus Takes Centre Stage at FDs’ Excellence Awards

Minster are delighted to announce that Pegasus have won the Financial Software Vendor (SMEs) category in the 2014 FDs’ Excellence Awards in association with ICAEW.

AwardsBased on a nationwide survey of CEOs and finance leaders, the initiative was developed to recognise excellence among UK finance directors as well as the key service providers that support UK finance.  The awards are supported by the CBI, Real Business and the London Evening Standard.

Following feedback from CFOs, FDs and senior financial decision-makers from British businesses about their auditors, banks, financial software providers and recruitment agencies, Pegasus fended off competition from Access; IRIS; Microsoft Dynamics; Sage and SAP to win the Financial Software Vendor (SMEs).  Winners were announced on the 1st May at the London Marriott Hotel, Grosvenor Square.

“In a highly competitive marketplace such as ours it is a huge achievement to win such a prestigious award. We are extremely proud of our software which helps finance departments to achieve efficiencies and drive business growth. Winning the SME category in these awards is testament to the fact that our customers recognise the valuable role it plays within their organisations. We are committed to meeting our customers’ needs through continuous innovation in our software.”
Stuart Anderson (Director) Sales & Marketing at Pegasus Software

 

For more information on Pegasus achievements click here.

 

0% Finance Offer

This Spring, we are pleased to announce the launch of our 0% finance option for any business who would like to acquire Opera 3 or upgrade from Opera II to Opera 3.

0% FinanceIt’s cost-effective – upgrade to Opera 3 and pay over time without accruing any interest charges. Plus, protect your cash flow by eliminating large upfront costs.

You’ll see an immediate return on investment – Opera 3 is put to use immediately so you’ll start seeing the benefits from its unique features and applications straight away.

Alternative source of credit – should you choose to take advantage of 0% finance, your other borrowing options remain unaffected.

If you would like to take advantage of this offer, call Minster before the deadline on 23rd May.
(Terms and conditions apply. Finance cannot be used in conjunction with any other offer.)

Update: Due to popular demand, the 0% finance offer has been extended until 25th July 2014.
Auto Enrolment Logo

UPDATE: New Data Exports Are Now Available

Data ExportsData Exports that are now available:

Standard Life, Scottish Life, Aegon

In Development: Aviva, Zurich, BlueSky

To see the original article, please click here

Auto Enrolment Logo

Data Exports To Pension Providers

Update: New Data Exports to Pension Providers, please click here.

Data Exports To Pension ProvidersMinster is a Pegasus partner that has been working with various pension providers to make Auto-Enrolment as simple as possible for its Opera payroll users.

 

Pegasus Opera II and Opera 3 payroll systems have an option to provide NEST integration, but there are many other options available to companies that are not available from Pegasus as standard.Our Pegasus developer has devised a number of data exports from a single payroll utility solution.

We currently have data exports available for:
People’s Pension, NOW: Pensions, Scottish Widows, Legal & General

In development we have:
Aviva, Aegon, Scottish Life, BlueSky, Zurich

Subject to demand, there is also consideration in the development of data exports for a number of other pension providers.  Please contact us with any requests that you may have and we will investigate the requirements for you.

 

Events

Opera 3 Event – Get Started!

As you may be aware, the end is in sight for Opera II with Pegasus advising that they intend to make an ‘end of life’ announcement within the next 24 months.

With this in mind, Minster have organised an Opera 3 event to go through details of how you can save money by upgrading early as well as the benefits your business will gain.

As well as Opera II customers looking to upgrade, this event is also suitable for those who are looking for an overview on Opera 3 as well as those who currently use it and would like to hear about future developments.

This complimentary event will include a run through of the added features of Opera 3 from both the Minster Team and Pegasus’s Product Specialists Steve Power and Sue Flavell.

For further information or the agenda please contact marketing@minstermicro.co.uk.

Auto Enrolment Logo

Final Auto Enrolment – Oct 2014

To ensure a prompt start, there will be coffee registration at the office from 9am.

As Auto Enrolment is fast approaching for many SMEs, the need for information and guidance has become more and more desired.

This is why we have held numerous auto-enrolment seminars with pensions and finance experts to help our customers with any prep information that they may need. After the success and great feedback of previous events, we are holding our LAST EVER auto-enrolment event with advice from our software team.

As this is our last ever auto-enrolment event, we urge anyone who has any queries relating to our responsibilities to attend so as not to incur any unnecessary consultation charges.

 If you would like further information, please call us on 01562 68211 or email us at marketingteam@minstermicro.co.uk.

Please note, due to popularity, you will need to register each person from your company individually

 

Auto Enrolment Logo

Auto Enrolment Seminar – Jan 2014

Auto Enrolment - image of a Piggy BankFrom 1 October 2012, changes to the pensions law (the Workplace Pensions Reform) have started to affect employers.

Auto Enrolment means that employers will have to enrol their employees into a pension scheme and pay into that scheme. We will be holding further seminars throughout the year, dates to be confirmed.

Real Time Information (RTI) Seminar

HMRC LogoRTI is being introduced to improve the operation of PAYE, making it easier for you, the employer, to operate PAYE. Employees will receive the information more quickly and it will help support the introduction of Universal Credits. We are holding a seminar on 29th January 2013 showcasing how Pegasus will be ready for the changes.