dataplan

Earnings Periods For National Insurance Contributions

Earnings Periods For National Insurance Contributions
Alison Clynes
Written by Alison Clynes
Monday, 21 December 2009 10:00

You may be familiar with the concept of earnings periods, at least as far as they impact on Pay As You Earn (PAYE) regulations, but did you know that the rules governing earnings periods are different for National Insurance Contributions and Income Tax? This is one of the many confusing areas surrounding the operation of PAYE which have caused many more businesses to consider payroll outsourcing with someone like us at Dataplan Payroll.

There is an obvious benefit to payroll outsourcing if you are the person who operates payroll services for a company. To put it bluntly, payroll is one headache after another. This is often because payroll is just one part of someone's job. It is seen as a purely mechanical process. It is considered to be a simple case of entering some data into some expensive software and letting everything flow from there. In fact the advanced software will even give the bank instructions on how much money to pay into which accounts. This is usually a step too far for many businesses as they insist on someone senior to the payroll manager actually authorising the various payments.

Further problems for the person running the payroll services appear in the shape of various employees with queries covering a whole range of subjects. They may be wondering why they got 10 pence less than they normally do. Equally they may wish to discuss court orders or maintenance payments. Unfortunately it takes a lot of time to master the intricacies of PAYE. Contact us today to find out more about our payroll services.

Want Super Hero Customer Service?

Get a quote
dataplan
f0d8