Portfolio Payroll
Month: April 2014

What does the minimum wage increase mean for payroll?

Increased rates of pay The national minimum wage is set to increase roughly 3% this year following a lengthy review period by the government. These changes will need to be acknowledged by everyone who works in payroll. In February, the Low Pay Commission published a set of recommendations, called the Annual Report Executive Summary, to … Continued

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Understand the job: payroll clerk

What does a payroll clerk do? Anyone looking to fill a position in payroll will be pleased to know there are a number of specialist workers in this busy sector, with roles that cover a broad range from payroll administrator to payroll manager. One such role is a payroll clerk. This individual has a number … Continued

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Year end payroll tasks

The tax year in the United Kingdom ends on the 5th of April and there are a number of important payroll tasks for every business to finish at this time. Of these tasks, many have considerable tax and legal implications for the businesses themselves and for the workers they employ. From this, it follows that … Continued

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Who to recruit for jobs in payroll

The duties involved in payroll When you begin to hire for a position in payroll, remember that many duties of this role are central to the smooth running of a business. Individuals working in payroll have responsibility for important tasks such as the processing of payments, PAYE, NI, pensions, any benefits schemes or bonuses, and … Continued

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