Thank you Rishi
Posted on 9th November 2020
The furlough scheme presented a lifeline for many businesses in the UK, as we all know. We have been pleased to help our clients make sense of the scheme and to use it to protect jobs. Understanding it all from a payroll point of view has been somewhat painful (yeah, thanks a lot Rishi!) but we are pleased to have…
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News from our Payroll Bureau
Posted on 9th November 2020
Our payroll bureau has been growing steadily, year on year, and we’ve taken on some interesting new clients in a range of sectors. Amongst these are some independent schools with whom we have also been providing some consulting services. Also international firms with their feet in all corners of the globe. We also continue to take on small business payrolls,…
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Q & A: Payrolling Benefits and Expenses
Posted on 2nd October 2019
What does ‘payrolling Benefits in Kind’ mean? Since 2016, employers have had the option to make use of HMRC’s ‘Payrolling Benefits in Kind (PBIK)’ service. This voluntary service negates the need for employers to submit a P11D form at the end of each tax year for any employees who receive benefits or expenses. Instead, tax is deducted direct from employees’…
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Pension contribution increases – how should payroll prepare?
Posted on 14th February 2019
Spring not only brings changes in nature but also for anyone involved in payroll. New tax codes, new tax bands, new student loans, thresholds, statutory payments and living wage are amongst the many areas of change to implement from the start of the new tax year. All payroll professionals will once again be tasked with ensuring all changes are managed…
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How integrated HR administration drives faultless payroll
Posted on 26th November 2018
Without doubt the majority of businesses now widely recognise that their greatest assets are their employees – hoorah! However, many employers are still falling at the most fundamental of hurdles by making costly payroll and payment related administrative errors, causing widespread issues. The fault often lies in employers – quite understandably – not fully understanding the complex, ever-evolving employment…
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My Payroll Epiphany – the inspiration for payroll that’s better all round
Posted on 9th October 2018
Ink Payroll Director Ruth Johnson tells us what sparked her passion for pulling payroll out of the past… Prehistoric payroll … the way it used to be. My first ‘proper job’ (as my parents used to call it, in tones of relief mixed with derision) was in a small, family business in the sticks. The boss was a rather aloof…
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Introduce Workplace Pension Salary Exchange and save an average of £7,015 p/a
Posted on 2nd October 2018
Auto Enrolment has ushered in a new era of workplace-based saving. In our view it’s been a resounding success – boosting both the number of people engaging in long term savings and the average amount of annual saving per employee. Throw in a dramatic increase in employer participation and improved pension awareness nationally and the results really are quite stunning.
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Payroll – why settle for ‘satisfactory’?
Posted on 20th September 2018
Payroll is an increasingly exacting discipline, it requires accuracy, attention to detail, great technology and a progressive, forward thinking mindset. Many of the employers we talk to who outsource their payroll are using service providers who, at best, they are just ‘satisfied’ with. Ultimately shouldn’t an outsourced service provider deliver more than just a ‘satisfactory’ service? In fact…
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Why all SMEs should have integrated HR & Payroll services (& software)
Posted on 20th December 2016
OK – let’s get the conflict of interest out of the way, Ink provides HR and Payroll services (and software) to SME businesses across the UK. That said, we still can’t believe how few businesses we talk to integrate their key people management functions and use technology to deliver a great user experience to both administrator and employee. We still meet…
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