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Mary Smith

Easing the burden of the payroll

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Payroll services exist to make sure that employees are paid the right wage or salary at the correct time and from the point of view of the employee, this is the only aspect of payroll that matters. For the employer, the picture is somewhat different and has added complications. There are jobs to be done behind the scenes that the rest of the staff do not need to know anything about. [Read more…] about Easing the burden of the payroll

Payroll tasks efficiency

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The trouble with much payroll work is that it makes no difference what the size of your company, there are the same number of repetitive tasks to do. Each year end, the Employer Annual Return must be done, a P60 must be completed for each employee, all expenses and benefits annual returns must be organised and you have to ensure that the correct PAYE tax and National Insurance contributions have paid. When all this work is done, you will be just in time to start again with getting the payroll records organised for all your employees for the beginning of the new tax year. [Read more…] about Payroll tasks efficiency

Developing expertise in business

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Small and medium sized businesses often progress in similar ways during the early years of development and expansion. There may be steep learning curves in areas unrelated to the original aim of the business. Payroll services can be one of those additional areas that need a certain amount of fast learning. In a relatively new business, the manager charged with payroll services may be unused to this work, and has to start from the absolute beginning. Factors such as BACS that are familiar to many people as a set of letters on their salary slip or bank statement become part of their daily work. [Read more…] about Developing expertise in business