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Payroll Simplified - Real Time Information

Understanding RTI (Real Time Information)

Gone are the days of scrambling at year-end with boxes of payslips and calculator marathons. Real-Time Information (RTI) changed everything back in 2013, and if you’re still treating it like an optional extra, you’re missing the point entirely. RTI isn’t...

Payroll Simplified - Payment in Lieu of Notice (PILON)

Understanding Pay in Lieu of Notice (PILON)

When employment relationships come to an end, one of the most important financial considerations is Pay in Lieu of Notice (PILON). This payment occurs when an employer chooses to terminate employment immediately rather than having the employee work through their...

Payroll Simplified -Trivial benefits and tax free social functions

The tax implications for trivial benefits and company social functions

As summer is now in full swing, many companies may be looking to put on a summer event for staff. HMRC recognises that workplace social events and small perks can boost morale without creating unnecessary tax burdens. Understanding the rules...

Payroll Simplified - Pension calculations

Understanding pension calculations and different contribution methods

Pension calculations – How do they work? When it comes to workplace pensions, understanding how your contributions are calculated can significantly impact take-home pay and retirement savings. In this blog, we’ll explore the different pension calculation methods, with particular focus...

Payroll Simplified - Sick Pay

Making sense of sick pay

Occupational v Statutory Sick Pay When employees get sick and need time off work, understanding what money they’ll receive is important for everyone involved. In the UK, employers handle sick pay in two main ways: through the legally required Statutory...