|Note that Payback will automatically add a Week 53 according to Payment Frequency.|
Depending on the day you pay your employees, you may end up in a 'Week 53' scenario. Here I try to explain why some PAYE years have 53 weeks.
In summary, there are 52 weeks and 1 day in a 365 day year.
In 2006 there were 53 Sundays, so if you paid your employees every Sunday, they would be expecting 53 payments. Every seven years, an employee should receive an extra week's pay (week 53) This is to make up for the 'missing day'
For example, an employee gets paid on Mondays
Year 1: 52 Mondays, so 52 payments (They don't get paid for a day)
Year 2: 52 Mondays, so 52 payments (They don't get paid for a day)
Year 3: 52 Mondays, so 52 payments (They don't get paid for a day)
Year 4: 52 Mondays, so 52 payments (They don't get paid for a day)
Year 5: 52 Mondays, so 52 payments (They don't get paid for a day)
Year 6: 52 Mondays, so 52 payments (They don't get paid for a day)
Year 7: 53 Mondays, so 53 payments (Finally get paid the 'missing' days)
So, over the course of seven years everything balances out.
There were 53 Mondays in 2007. So if you pay your weekly employees on a Monday during 2007, they will be getting a payment for week 53.
In 2008, there are 53 Tuesdays and 53 Wednesdays (as 2008 is a leap year)
In 2009, there are 53 Thursdays
In 2010, there are 53 Fridays
You can use this calculator to find out how many of each weekday are in any given year.
|How can I get 53 weeks in Payback?|
It depends on the first pay date whether or not there will be 53 pay weeks in a year - for weekly paid employees.
If the first payment for 2012 was on Sunday 1 January 2012, then there will be 53 payments for the year. This is because there are 53 Sundays in 2012.
To have 53 Pay weeks, the first pay date should be on the first day of the year (Sunday 1 Jan 2012 for 2012, or Tuesday 1 Jan 2013 for 2013)
|Week 53 does not appear. How do I force it to appear?|
If you still want to make a 53 payment for the year, follow these instructions (for weekly paid):
NOTE: We do not recommend this course of action unless it's absolutely necessary.
|The Income tax calendar|
The Income tax calendar always starts on the 1 Jan.
Week 1: 1 Jan to 7 Jan
Week 2: 2 Jan to 14 Jan
Week 3: 15 Jan to 21 Jan
Week 4: 22 Jan to 28 Jan
Week 5: 29 Jan to 4 Feb
Week 51: 17 Dec to 23 Dec
Week 52: 24 Dec to 30 Dec
Week 53: 31 Dec
For Leap years
Week 51: 16 Dec to 22 Dec
Week 52: 23 Dec to 29 Dec
Week 53: 30 & 31 Dec