The Contractor Master File contains all the information needed to process payments to your payees. Everything is retained in one file, including multiple Tax Treatments, Income Streams, and YTD information. It is accessible when adding, editing or viewing a Payee and contains the following sections;
Contains three sections - Emergency Contacts, Comments and Document Management (Files).
Contains two sections - Taxation and, Payroll Tax.
Contains five sections - Employment, e-Cost (Cost Centres), Pay Template, Payment Method and Variable Deduction Banking and Repayments.
Contains three sections - SG Liability Contributions, Additional Contributions (RESC) and After PAYGW Contributions.
Contains two sections - Year To Date and Opening/Adjustment.