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Skills of a Payroll Specialist

Professionals Alternative

In this article, we will go over the various skills of a payroll specialist. Payroll involves a lot of calculations, including determining gross pay, deductions, and net pay for each employee. Familiarity with Payroll Software. Keep reading to find out more! Strong Attention to Detail. Aptitude for Solving Issues.

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Choosing the best workplace pension for your business

Employee Benefits

What to consider when choosing a workplace pension provider Choosing a workplace pension scheme can be overwhelming, but this article aims to simplify the process. How does it align with your current company software? Net Pay contributions from your employees is deducted before tax. How is the Scheme Managed?

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A Guide to Calculating Pensionable Earnings for Employers

Employee Benefits

This article will explain the different methods for calculating pensionable earnings and how these methods affect pension contributions and tax efficiency. Basic pay (bonus is not considered): Bonus excluded Pensionable earnings £38,000 Employer contribution: £1,140 Employee contribution (inc. Employee contribution (inc.

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Excel Skills Matter: Preparing for the Payroll Assistant Assessment

Professionals Alternative

Excel is not just a tool for organizing data; it is a powerful software that can significantly enhance the efficiency and accuracy of payroll processing. In this article, I will delve into the importance of Excel skills for payroll assistants and budget professionals alike.

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What Is Imputed Income? | Payroll Definition and Examples

Patriot Software

Do not include imputed income in an employee’s net pay. Patriot’s online payroll software calculates the proper taxes for you. This article has been updated from its original publication date of May 9, 2012. Imputed income typically includes fringe benefits. Get your free trial today!

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Mortgage pre-approval checklist for homebuyers

Higginbotham

In this article, we’ll provide a complete pre-approval checklist for first-time buyers, including everything you’ll need to impress any potential lender with your qualifications and readiness to borrow. If you haven’t been saving pay stubs, you may be able to get copies of checks from your bank. Qualified and Ready.

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Your Guide to Take-home Pay

Patriot Software

What is take home pay? Take-home pay consists of the income an individual receives after taxes, benefits, and other contributions are deducted. Take-home pay may also be called net pay. An employee’s take-home pay is the difference between their gross pay and deductions. Take-home pay vs. gross pay.