Searching for Payroll

By Steven Tucker -

If you are an employee with a query about your pay, you may be told to check with payroll. Googling the word “payroll” will bring up a list of companies but, when you ring them, you’ll discover that none of them can help. So, how can it be possible that your trusted search engine has let you down?

Read more “Searching for Payroll”

Change Affecting QuickFile

By Steven Tucker -

We first connected our system to the QuickFile accounting system in 2013. Since then, customers who have an account with QuickFile have been able to send their payroll figures to their accounting system by clicking a button. Now, there’s a small change to the way it works and customers using this feature will need to take action.

Read more “Change Affecting QuickFile”

Frequently Asked Pension Question: 1% of What?

By Steven Tucker -

When business owners set up a company pension scheme they need to make a few choices, including deciding how much the business needs to pay into the pension. Many employers understand that this must be at least 1% but few seem to know that there is more to decide than the percentage: do they want 1% of the total wages, 1% of qualifying earnings, or something else?

Read more “Frequently Asked Pension Question: 1% of What?”

A Pivotal Stage of Auto Enrolment

By Steven Tucker -

Automatic enrolment was devised with a long term aim that lots of employees should save meaningful amounts for their old age. That aim was divided up into two sections, each subdivided into steps. The first section is called staging and is bringing in lots of employers and their employees, in stages. This is why the date an employer’s duties start is known as their staging date. So what happens if an employer sticks their head in the sand and ignores their staging date?

Read more “A Pivotal Stage of Auto Enrolment”

Putting the Trust into Master Trust

By Steven Tucker -

In an earlier post I wrote about how pension master trusts could be set up without regulatory approval, leading to a very mixed standard of available workplace pensions. This made it hard for small businesses to know who to trust with their employees’ retirement savings. Since then, the situation has moved on and Parliament has created new powers to tackle the problem.

Read more “Putting the Trust into Master Trust”