When looking at taking on a new team member some business owners cannot look past the annual salary figure and think “I can’t afford that!” But in reality a new team member or employee should end up saving you money.  You just have to look at it a different way … Outsourcing For example, if…

Date posted: September 27, 2019 | Author: | No Comments »

Categories: Payroll Tips

It is common knowledge that it is a legal requirement to allow your employees to have paid holidays and usually calculating holiday entitlements are pretty simple. An employee is entitled to 28 days for the full year, or you can use the online government holiday calculator to calculate the holiday entitlements if an employee starts/leaves…

Date posted: September 20, 2019 | Author: | No Comments »

Categories: Payroll and Accounting Tips Payroll Tips

As a new employer you may be wondering if it’s better for your business to operate your payroll in-house or outsource it to a payroll provider. Here are four questions you need to ask yourself before doing the payroll yourself and not outsourcing your payroll to a professional: – Will you worry about deadlines? There…

Date posted: July 26, 2019 | Author: | No Comments »

Categories: Payroll and Accounting Tips Payroll Tips

More organisations are looking for software that offer a service where employee’s can be sent their digital payslips. Who can blame them, we can do almost anything on our mobile devices now, so why wouldn’t we choose to receive our payslips via this device tool? There are many advantages of receiving digital payslips for the…

Date posted: May 31, 2019 | Author: | No Comments »

Categories: Payroll and Accounting Tips Payroll Tips

We are currently putting procedures in place for the changes coming in to play for the new tax year. I thought it would be useful as an employer for you to know what the changes are so you can make sure you are complying with the legislations too…. There are 3 main changes being put…

Date posted: March 29, 2019 | Author: | No Comments »

Categories: Payroll Tips

Here at TI Accountancy it looks a little like Santa’s workshop as our own little elves are busy preparing for the Payroll Year End. One of the elves tasks involves sending out P60’s for all our client’s employees.  At TI Accountancy we send out P60’s directly to the employees, safely and securely, through our payroll…

Date posted: February 22, 2019 | Author: | No Comments »

Categories: Payroll Tips

Payroll Allowance Changes for 2019/2020  If you are anything like me then you’ll like to know what is ahead so you can be prepared. I thought I would share the changes coming in from April 2019 in regard to your allowances for 2019/2020.  This will be handy to know if you are looking at certain…

Date posted: January 25, 2019 | Author: | No Comments »

Categories: Payroll Tips

Did Father Christmas bring you everything you wanted this year? The car that’s been your screen saver for like forever? The holiday your kids will remember forever? The dream kitchen you want for the house? ….. No?? Well I guess you didn’t write that letter soon enough in 2018!! This year why not write your…

Date posted: January 4, 2019 | Author: | No Comments »

Categories: Accountancy Tips Payroll and Accounting Tips Payroll Tips

Are you an Employer paying employee’s a fixed salary? There’s only 5 months to go until the new legislation comes in that requires all employees to be provided with itemised payslips. On the 8 February 2018, a new statute was laid before Parliament: The Employment Rights Act 1996 (Itemised Pay Statement) (Amendment) Order 2018. Currently,…

Date posted: November 8, 2018 | Author: | No Comments »

Categories: Payroll and Accounting Tips Payroll Tips

Around 2.3% of the UK work force use zero-hour contracts and this number is rising. Employer’s usually employ people under a zero-hour contract to secure flexible employees when staff levels vary throughout the year.   It is useful to use zero-hour contracts where work demands are irregular or there is not a constant demand for…

Date posted: October 5, 2018 | Author: | No Comments »

Categories: Payroll Tips