In today’s fast-paced business environment, efficiency is key. Every minute counts, and every resource must be optimized to ensure success. One area where businesses can significantly enhance their efficiency is payroll management. By outsourcing payroll, particularly as a CIC (Community… Read More ›
As directors of Community Interest Companies (CICs), navigating the terrain of compensation can be a delicate balance between fulfilling your social mission and ensuring financial sustainability. It’s imperative to uphold principles of financial fairness and responsibility while determining how to… Read More ›
Payroll outsourcing, whether for a CIC or a company, can be an effective way to save time and money and reduce errors. Doing payroll weekly or biweekly can be time-consuming and complicated. Here is everything you need to know, in… Read More ›
For most start-ups setting up a business is relatively quick, cheap and easy. In fact it’s just about possible to set up a business in a day! But not knowing the right structure can also spell disaster! If you know exactly… Read More ›
The Government issued the draft regulations for Shared Parental Leave and Pay which are expected to become law from 1 October 2014 and will apply to babies due from April 2015. The draft regulations set out the new statutory… Read More ›
The Government has announced further details of the Employment Allowance which is available from 6 April 2014. Eligible employers can reduce their employer Class 1 NICs by up to £2,000 each tax year. The Employment Allowance can be claimed by… Read More ›
PAYE end of year approaching HMRC are reminding employers that with the end of the 2013/14 tax year approaching they will soon need to make their final 2013/14 PAYE (RTI) submission. For most employers, the final submission will be their… Read More ›