Vicky B

Taking the pain out of payroll

Taking the pain out of payroll

Payroll is a central function to any business. It’s crucial of course, but the monthly process can also be time consuming and fiddly – not a great combination when your precious time could be spent growing your business. It goes without saying your employees will...

Do I need payroll software?

Do I need payroll software?

When setting up a small business, learning how to do payroll is often the most stressful part for employers. Making sure all the calculations are correct and getting the information over to HMRC ready for your staff to get paid on pay day can take up valuable time and...

How does payroll work?

How does payroll work?

As an employer, payroll will be one of the most essential aspects of what you do. The process starts as soon as you hire your first employee and requires regular management to keep it running smoothly. A solid payroll system is key in ensuring your company is...

What is pay in lieu of notice (PILON)?

What is pay in lieu of notice (PILON)?

Pay in lieu of notice, or PILON, is when an employee is dismissed and receives a compensation payment instead of working their notice period. The payment is designed to reimburse the individual for the portion of salary or wages lost due to not working their notice....

What is payroll?

What is payroll?

The official definition of payroll is a company’s list of employees. However, it’s commonly understood to mean the combined wages and salaries paid out to all employees, and the department that looks after them. As an employer, payroll is one of the most important...

The Year of Workplace Pensions

The Year of Workplace Pensions

Time to get ready – pensions auto-enrolment is coming soon. Medium-sized and then small businesses are about to encounter one of the biggest changes to employer pensions we’ve ever seen. Staging dates for businesses with 50 – 249 employees start tomorrow …