payroll costs
Payroll outsourcing and the recession - 03 July 2009
As the recession continues to bite across the UK many businesses are looking to cut costs.
As a Chartered Certified Accountant I spend a great deal of time with my business clients looking at all of the costs in their business and whether they are necessary.
Historically, payroll outsourcing has been seen as a way to get rid of headaches caused by processing such as lack of payroll expertise, holiday and sickness cover.
read the full details
Salary Sacrifice schemes – are they worth it - 12 May 2009
A salary sacrifice schemes, put simply, involves employees contractually giving up salary in return for other benefits.
The attraction of salary sacrifice schemes comes when those benefits can be provided free of National Insurance (NI). The most common example would be a pension contribution.
By way of an example if you have 100 employees in your business with an average salary of 25,000 your organisation will be significant employers NI. read the full details
