UK employees waste 20% of their time worrying about their finances This week, all of us at ePayMe, are celebrating National Payroll Week. We are spending this time to provide useful information to our workers and encourage them to look at payroll in a different way. We are aiming to provide assistance and guidance on ways in which they can save money through their payroll with ePayMe.According to a new report that researched 10,000 UK workers, 70% of the UK workforce admit to wasting a … [Read more...]
Archives for September 2016
Understanding your payslip
How much do you really know about your payslip? There are so many styles and formats of payslips which differ from employer to employer, it can become easier to simply trust your payslip and just take note of your Net pay. However, it’s very important to take the time in understanding your payslip to ensure your take home pay is correct.The first thing to understand is the difference between your gross and net pay. The gross pay is your total earnings before any deductions have been made, … [Read more...]
Contracting in the Public Sector
Much debate and discussion continues to rage regarding public sector working, particularly regarding those contractors operating their own personal service company (PSC).Only recently was an article published with the headline “Half of all public PSC’s to quit over IR35 change” which will equate to over 13,000 contractors.Rather than quit the sector or operate a PSC, why not engage and understand the options available to you through partnering with an outsourced payroll provider? … [Read more...]
Good News, HMRC announce the Personal Tax account service
Tax accounts for Business owners have been in operation for a number of years to enable the business to keep track of tax paid, payments due, etc. however there has been no provision for a simple easy to use system for the employees. Employees have had to endure long waits to connect to HMRC and lengthy discussions and form filling to ascertain whether there have been under or over payments in tax or simply advise of changes in personal circumstances.Good News, HMRC have announced that … [Read more...]