I know I have mentioned it previously but I wanted to make sure you knew to inform any clients you have that minimum contributions increase from 06/04/2018 to 3% for employees and 2% for employers.   These increases are the new legal minimum payments that all employers are required to apply to their employee’s pensions….

Date posted: April 20, 2018 | Author: | No Comments »

Categories: Payroll Tips

With new General Data Protection Regulations (GDPR) coming into play in early 2018, it highlights the potential financial and reputational risk now associated with properly protecting valuable employee information. Over 5000 Morrisons employees are suing the high street grocer over a data leak that saw sensitive payroll data information for 100,000 employees posted online. The…

Date posted: November 24, 2017 | Author: | No Comments »

Categories: Payroll Tips

According to the Resolution Foundation, some self-employed workers should be entitled to the minimum wage. The thinking is predominantly aimed towards the self-employed workers who are generally on short term contracts or freelance work, also known as the gig economy. According to the Resolution Foundation, about half of self-employed workers are classed as low paid…

Date posted: August 4, 2017 | Author: | No Comments »

Categories: Payroll Tips

A good working relationship between your business and someone who provides you with some sort of outsourced service is not something that happens overnight. It is the fruit of both your efforts over time to build a long-lasting relationship of trust and understanding. Psychologist Bruce Tuckman made famous the phrase “forming, storming, norming and performing”,…

Date posted: July 7, 2017 | Author: | No Comments »

Categories: Accountancy Tips Payroll and Accounting Tips Payroll Tips

We all know only too well that payroll can be a difficult animal to tame. In my opinion it is much easier to control payroll with the correct software applied in the correct manner.  Software will change and evolve every year as does the regulations and legislation surrounding payroll.  Choosing the right software or provider…

Date posted: June 9, 2017 | Author: | No Comments »

Categories: Payroll Tips

The Government’s plans to change the way that apprenticeships are funded come into force in April 2017.  Employers may be required to pay contributions to the new apprenticeship levy and there will also be changes to the way apprenticeship training is funded for all employers. If you are a small, medium or frankly pretty large…

Date posted: January 20, 2017 | Author: | No Comments »

Categories: Accountancy Tips Payroll Tips

Are you holiday savvy? Employees will often ask the question, “How many holidays do I get this year?” If you’re not ready for this, then it can be quite an awkward conversation. To simply answer, “I don’t know…” may not wash too well with your employees.  The best way to avoid this situation is to…

Date posted: December 9, 2016 | Author: | No Comments »

Categories: Payroll Tips

The rules surrounding Sunday working are not exactly straight forward. If employees have to work on Sundays, depends largely on their contract i.e if the contract states that Sunday is a working day then…Sunday is a working day. However, for employees that have been around their workplace for a while they may have the right…

Date posted: November 11, 2016 | Author: | No Comments »

Categories: Payroll Tips

Payroll is a function that is often undervalued by many businesses. It can be viewed as no more than a commodity by many people and even taken for granted at times.  Most employees will have a limited knowledge of payroll and probably see it as an administrative part of the organisation they work for. Payroll…

Date posted: October 14, 2016 | Author: | No Comments »

Categories: Payroll Tips

Employers need to keep a keen eye on the ever changing minimum wage.  For small companies, increases in the minimum wage can put quite a strain on the business but failure to meet minimum requirements can lead to being ordered to pay the arrears by HMRC and then a trip to court and fine if…

Date posted: September 16, 2016 | Author: | No Comments »

Categories: Payroll Tips

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