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NIC holiday scheme commences 6 September - 02 Sep 10

Announced in the budget there is to be a three-year Employers NI holiday scheme.  The scheme itself starts on the 6th September and applies to new businesses starting after 22 June 2010.

Payroll Varieties - 31 Aug 10

For employees, the only point of the payroll process is to make sure that they get paid the correct amount of money on time. For employers, the picture is a little more complicated. All the back room aspects of the payroll that the staff can ignore are tasks that must be completed by the employer.

Complicated Payrolls - 30 Aug 10

Some businesses, such as delivery companies for example, are based in more than one site. There is a main office, as well as satellite sites where vehicles are kept and maintained and storage and transportation is organised.

Other organisations may be running services, such as nurseries or day centres, which by their nature require local venues as well as central administration.

Safety Of Payrolls - 27 Aug 10

No employer wants to think about the possibility of deception going on in their business, but it is one of the points to consider when managing the payroll. With a small company, you will know all your staff members well so there is not so much need to worry about the possibility of fraud. However, as a business grows and there is more for the director to deal with and less time to know about each area in detail, so there is an increase in potential for things to go wrong, either by mistake or deliberately.

Benefits Of Specialisation - 26 Aug 10

Whatever your organisation, whether it is in manufacturing industry or a public service such as a school, you will be aware that your strength is in your specialist expertise. No business tries to offer all goods or all services as it is recognised that the way to provide a good quality product is to concentrate on one or two specific areas.

Payroll Efficiency - 26 Aug 10

For many small businesses, there is pattern of development in the early years of learning, growth and expansion. Some of the learning is in areas unrelated to the main business and these can involve steep learning curves.

Not Just A Payroll - 24 Aug 10

Payroll processing services may seem like a mundane task that has to be done but which does not have much impact on the overall management of a business, as it is simply about getting the staff paid on time and making the correct deductions for tax and national insurance.

The Complications Of National Insurance - 23 Aug 10

Managing a payroll includes not only making sure that the correct amount is paid to the members of staff and that their tax is deducted, but also that their national insurance contributions are correctly calculated and paid. NI contributions are important as they build up the entitlement to such benefits as old age pensions and sick pay.

Not everyone is aware that national insurance contributions are required on all employments, if someone has more than one job, and on various benefits as well as basic wages or salary.

Benefits Of Outsourcing - 20 Aug 10

In any business, the payroll is an area that must be completed correctly and accurately. This comprises all the records about employee payments and the deductions that have to be made as part of Pay As You Earn. This covers all usual salaries as well as any extra payments such as bonuses or overtime and has to include all the statutory pay such as maternity, paternity or adoption pay. Any extras your employees are entitled to, such as benefits are included and of course, tax and national insurance deductions also.

Form Filling And Filing - 18 Aug 10

For an employer, PAYE tasks can sometimes seem like painting the Forth Bridge. No sooner have you completed all the end of year tasks, such as filing your Employer Annual Return, sorting out P60s for all your employees, filing all expenses and benefits annual returns and ensuring that correct PAYE tax and Class 1 National Insurance Contributions have been paid, than you are setting up the payroll records for all your employees for the start of the new tax year.

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