Anyone who has set up in business for themselves and acquired their first employee will know all about the complications inherent in dealing with the payroll. When you first start up in business, it’s likely that you’ll be throwing yourself into anything and everything, from the payroll to the actual work for which your clients[...] Read more »
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Archive for the ‘Payroll’ Category
The basics of small business accountancy
Here at Yorkshire Accountancy, we specialise in providing an extensive range of high-level accountancy, tax and payroll services, from year end accounts and personal tax to business plans and VAT returns, in which you can have the ultimate confidence. Such services make it possible for you to concentrate on what you do best: generating revenue[...] Read more »
Claiming for Unfair Dismissal ! Know when the Right Time is !
When a notice of dismissal is received by an employee, it is generally considered that the time of dismissal has started immediately. However, the Employment Appeal Tribunal (EAT) has another say on this issue in its latest ruling point. Often, the enforceable statutory right of an employee is determined by the time of his notice[...] Read more »
Why You Should Outsource Your Payroll
Unlike so many other technical and complex areas of business, staff payroll is the one with perhaps the highest staff satisfaction impact! Getting the correct tax and pension deductions and making the appropriate payments to both staff and government agencies requires up to date knowledge of the appropriate legislation and a system to administer the[...] Read more »
Treating Your Employees Like Royalty
Running a business requires a diverse range of skills. A “jack of all trades” approach is not the best strategy for creating a successful business. The range of skills required naturally dictates that the business will at some point need to seek out professional or experienced employees or professional external support. Even if you are starting[...] Read more »
National Minimum Wage 2010 going up
It’s been confirmed that the government has adopted the recommendations made by the Low Pay Commission on the National Minimum Wage (NMW). As a result, on October 1 2010 all three rates will rise. From then they will be: £5.93 p.h. for workers aged 21 and over (the adult rate). This is a 2.2% increase[...] Read more »
Payroll year end
Deadlines are a common feature that is frequently encountered when running a business. Some deadlines are negotiable whilst others are set in stone and cannot be moved. Normally the deadlines that are set in stone relate to statutory and legal compliances. Failure to meet these deadlines often carries a financial penalty. There are several deadlines[...] Read more »