Maternity Pay

olmotors
olmotors Registered Posts: 14 New contributor 🐸
I have a client where they have received a lump sum back from HMRC to cover Maternity pay for one of their employees. My understanding is that this amount is made up of NIC reimbursements. How would this be treated in the accounts?

Comments

  • groundy
    groundy Registered Posts: 495 Dedicated contributor 🦉
    Credited to wages
  • deanshepherd
    deanshepherd Registered Posts: 1,809 Beyond epic contributor 🧙‍♂️
    Agreed, but post compensation (if any) to a separate income account as it is not taxable.
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