Hiring someone is an exciting step for any business. However, before the employee reaches their first payday, you need to make sure payroll has been set up correctly. Adding a new employee to payroll involves much more than entering their name and salary into payroll software. Employers need the correct starter information, must establish the…
View details
Payroll Master Mark Sapsford, Senior Business Development Manager at PayCheck, brings over 25 years of experience in payroll and HR. In this video, Mark shares the five most important payroll year-end preparation steps every employer should take to help avoid HMRC penalties, reduce compliance risks, and ensure a smooth year-end process. https://youtu.be/lySEJQ8DulM Is Your Payroll…
View detailshttps://www.youtube.com/watch?v=T_R9dMe7YZM For many employers, payroll is viewed as a routine administrative task. Employees are paid, payslips are issued, and the process repeats each month. However, payroll involves much more than simply paying staff on time. Every payroll run carries legal and compliance responsibilities, including tax deductions, National Insurance contributions, pension administration, and HMRC reporting obligations.…
View detailshttps://www.youtube.com/watch?v=pPKoFUGeYqo&t=9s Choosing payroll software is one of the most important decisions a business can make. Payroll sits at the heart of every organisation. Employees expect to be paid accurately and on time, while employers need confidence that tax, National Insurance, workplace pensions, and HMRC reporting are being handled correctly. The right payroll solution can help…
View details
How to Reduce Payroll Costs Without Compromising on Service For a small or medium-sized business, every cost matters. But there are some business functions where simply choosing the cheapest option can create significantly greater costs later. Payroll is one of them. Every pay period, employers need to calculate salaries correctly, process PAYE and National Insurance,…
View detailsPayroll Master Mark Sapsford, Senior Business Development Manager at PayCheck, has over 25 years of experience in the payroll and HR industry. In this video, Mark explains what Payrolling Benefits in Kind (PBIK) are, how they work, and how they can help employers simplify the taxation of employee benefits. https://www.youtube.com/watch?v=Bhqa_EnA_Hg Understanding Benefits in Kind Many…
View details
A Beginner’s Guide for UK Employers Taking on your first employee is an exciting milestone for any business. It often signals growth, increased demand, and the transition from being a sole trader, startup, or owner-managed business to becoming an employer. However, hiring your first employee also introduces new responsibilities, particularly when it comes to payroll.…
View details
What Every UK Employer Can Learn About Payroll Compliance Recent government enforcement action has put payroll compliance back in the spotlight, with well-known brands including B&Q and Five Guys among hundreds of employers named for failing to pay some workers the National Minimum Wage correctly. According to the Department for Business and Trade, more than…
View detailsPayroll Master Mark Sapsford, Senior Business Development Manager at PayCheck, brings more than 25 years of experience in the payroll and HR industry. In this video, Mark explains what a BACS Indirect Submitter, how BACS payroll payments work, and why many UK businesses use a BACS-approved bureau to simplify payroll payments, improve security, and reduce…
View details
Payroll compliance has never been more important for UK businesses. With HMRC continuing to strengthen its digital reporting systems and increase scrutiny of employer reporting obligations, even small payroll mistakes can result in penalties, interest charges, employee complaints, and significant administrative headaches. Many payroll penalties are not caused by deliberate non-compliance. In fact, they often…
View details