Category Archives: Payroll and HR
Understanding Employers PAYE Reference
Hey there! Ever wondered what that mysterious set of numbers and letters is on your payslip? It’s called the Employers PAYE Reference, and it holds some important information about your employer. In this article, we’ll delve into the world of PAYE references and uncover what they really mean. So, if you’re curious to know how […]
Continue readingWhat is the UK Minimum Wage in 2023?
Discover the changes in the National Minimum Wage in 2023 and projections for the National Living Wage in 2024. Learn about the effects of the incoming rates and the ongoing consultation process for determining future rates.
Continue readingWhat is a P11D?
P11D forms are used to report benefits in kind and any taxable expenses. You can file this form online using HMRC’s PAYE online service or commercial payroll software. Taxable benefits and expenses that you report will have an impact on your tax code and how much is deducted from employee gross pay each month, and […]
Continue readingWhy Small Businesses Need Good Payroll Software
Payroll software is a management system used to organize, track and automate employee payroll. Many payroll software systems are created by third-party human resources software companies which aims to improve the performance of organizations that use their applications. In recent years, payroll solutions have become a crucial element in small and medium-sized enterprises (SMEs) due […]
Continue reading