Updated Directives and Procedures – Payroll Services and Tax Services

Published: December 8th, 2005

Category: Memos

Michael McKee, University Controller

In our on-going efforts to update and expand the financial directives and procedures to improve guidance and direction to the campus community, I am pleased to announce the release of two new or updated sections of our Directives and Procedures. These cover Tax Services and Payroll Services and may be found on the following web site:

http://fa.ufl.edu/uco/handbook/handbook.asp?doc=1.4

The updated Payroll Directives and Procedures primarily reflect changes resulting from devolution and the implementation of the new myUFL system. Departmental staff responsible for payroll duties should be encouraged to review these updated directives and procedures.

This is the first time that we have issued codified Tax Services Directives and Procedures as a separate comprehensive set of guidelines. However, they do not reflect any major policy or procedural change from what has generally been in practice other than to reflect some changes resulting from the University’s devolution process from the State. Many university tax issues are complex and need review and oversight by tax experts. These new Tax Directives and Procedures provide useful information regarding a number of tax related issues and are primarily intended to give administrators and fiscal staff a basic awareness of university tax issues that they may encounter and who they should contact with these issues that may have tax consequences.

The financial directives and procedures will continue to be enhanced to reflect current requirements and best practices. Comments and suggestions on how to make these a more effective tool to departmental users is always welcomed. As always, your assistance and cooperation in sharing this information with appropriate members of your staff are appreciated. If you have any Payroll questions please contact Murphy Miller at 392-1231 or for Tax questions Eric Davidson at 392- 1324.

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