Add employees onto your Payroll account, and they’ll be able to view all their payslips online.
Email payslips directly to your employees using Payroll’s automated email function.
Allow your employees to keep a track of payslips in PDF format without having to print them out.
If employees prefer a physical copy of their payslip, you can simply print them out.
Payroll offers plenty of flexibility over when your employees get paid.
The software supports monthly, fortnightly, weekly, 4 weekly, quarterly and annual payroll periods, and if circumstances change, you can edit the payment date for a particular period.
For small businesses the 2013 budget brought with it the ‘Employment Allowance’ . This is a £2,000 saving on Employers’ National Insurance Contributions for small businesses, in effect from April 2014.
Clear Books and Payroll, providers of online accounting and payroll software, jointly analysed 427 small businesses to examine how this new ‘jobs tax’ allowance would have affected small businesses if it had been applied in the current tax year.
2 in 3 employers would have paid no jobs tax. The average small business wage bill would have been cut by 2%.
RTI is ‘real time information’. Since April 2013 employers need to tell HMRC about salaries and deductions for each employee on each pay day. Our Payroll app submits these details to HMRC electronically from a simple interface, taking the stress out of payroll and allowing you to focus on running your business. RTI submissions have replaced the P35 and P14 annual returns to HMRC. This service is available for monthly, weekly, fortnightly, 4 weekly, quarterly and annual payroll frequencies. Once you have sent your RTI submission to HMRC, Payroll will notify you of whether the submission was successful. If unsuccessful, Payroll will pass on the error message from HMRC.
An FPS is the most common type of submission. For each employee being paid, it includes details such as:
An FPS also tells HMRC about employees who are joining or leaving employment. The deadline for full payment submission is on or before each pay day.
Some employers need to file a monthly Employer Payment Summary with HMRC. Examples include:
Where the employer is reclaiming statutory maternity or paternity pay.
Employers who have had tax withheld under the Construction Industry Scheme and are offsetting this against their employee's payroll deductions.
Employers notifying HMRC that they will not make any payments to employees for a specified number of months.
EPS Submissions need to be be made on or before the 19th day of the month after the one to which the submission pertains.