Calculating National Insurance accurately for company directors can become complex. Directors must pay National Insurance contributions like all employees. However, their salaries can be irregular. Bonuses and other factors make it harder to submit accurate National Insurance for directors. This article provides guidance on calculating National Insurance for company directors and offers tips on avoiding…
read moreShared Parental Leave (SPL) was designed to provide parents greater flexibility in managing the way they care for their child. When executed well, SPL empowers employees and creates a positive working environment. However, in practice, Shared Parental Leave and Shared Parental Pay (ShPP) can become convoluted, complex and stressful for parents trying to balance family…
read moreHow Does the Alabaster Ruling affect SMP? What is Statutory Maternity Pay and How is it Calculated? Statutory Maternity Pay (SMP) is a fundamental legal right for employees who are expecting a baby. Employees, depending on eligibility, can receive up to 39 weeks of maternity pay. SMP is divided into two phases; the first 6…
read moreKeeping up with workplace pension duties is not just a MSP Payroll can help you stay compliant, keep your team satisfied, and reduce risk. What is Pension Auto Enrolment and Re-enrolment? Pension Auto Enrolment Pension auto-enrolment was introduced to the UK in qualifying workplace pension scheme and make contributions on their behalf. This isn’t optional…
read moreAs an employer, you are responsible for ensuring that employee’s income taxes and deductions are made. PAYE (Pay As You Earn) is the UK’s system for collecting all employment related taxes. It uses an employee’s unique tax code and an employer’s PAYE reference to keep a register of all monies owed – but for…
read moreStories of Modern-Day Recruitment - From a CEO As an established and growing business, we find ourselves regularly recruiting, often at graduate level. It has long been our aim that our recruitment process need only hire for positions that have been created through business expansion, rather than replacing former staff. Happily, this is now the case…
read moreWhy Outsource Payroll Processing Services?During periods of business growth it can be tough for companies to meet the demands of increased scale or to evenly allocate resources, which may already be stretched thin, across all areas of the business. They may also need additional expertise that they don’t currently have in-house, but not have the…
read moreCEO Perspectives The importance of a productive team dynamic and role of personality types. No man is an island (poem by John Donne), while written centuries ago, it is as true today as it ever was. In this spirit, team dynamics have a significant impact on work efficiency, quality of output and staff wellbeing. We…
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