cipHR

MARCH 27, 2023

Any payroll outsourcing company will need to be able to factor in benefit-in-kind tax when it comes to working out payroll. E: EPS (employer payment summary) Part of the real-time information submission made by an employer to HMRC. N: National Insurance (NI) A tax on the earnings of individuals earning over £242 a week.

Payroll 52

Payroll Outsourcing Payroll Payroll Software Family and Medical Leave Act 52

Employee Benefits

SEPTEMBER 6, 2023

This article will explain the different methods for calculating pensionable earnings and how these methods affect pension contributions and tax efficiency. tax relief): £1,688 Total contribution: £2,700.80 tax relief): £1,688 Total contribution: £2,700.80 It encompasses all the additional earnings mentioned above.

Pension 52

Pension Employment Bonuses Net Pay 52

cipHR

NOVEMBER 15, 2021

As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. Usually, it’s down to the tax code that HMRC sent through to payroll.

Pension 98

Pension Gross Pay Payroll Deductions 98

cipHR

FEBRUARY 21, 2023

Making use of a payroll outsourcing company also leads to a better service, with fewer errors, and removes the headache that comes with legal compliance around tax, pensions and employment regulations. If this sounds like your business, now could be the right time to consider outsourcing payroll.

Outsourcing Payroll 52

Outsourcing Payroll Payroll Pension Payroll Software 52