WARNINGNew tax avoidance scheme uncovered with PSC’sHMRC has warned taxpayers against using a new ER-based scheme to reduce tax payable on earnings to 10%.How it worksThe scheme is described in the latest tax avoidance “spotlight” by HMRC: Capital Gains Tax: Entrepreneurs’ Relief tax avoidance scheme. It has three stages:A taxpayer who owns a personal service company (PSC) in the UK sells that company to an organisation based in Cyprus. This sale is correctly taxed as a … [Read more...]
ePayMe are Payroll World Awards Finalists 2016
For the 4th year in a row, we have been chosen as a finalist at the Payroll World Awards. This year we have been recognised for 2 awards:The Payroll World Awards 2016, recognise and reward hard work and best practice in the payroll industry. Now entering its 6th year, Payroll World’s established flagship event unites the industry for an evening of celebration.Best Payroll Support Team AwardPayroll Manager of the Year - SupplierePayMe Founder & CEO Andrew Johnston says "We are … [Read more...]
Are you our classroom hero?
Why not send us a snap to show us or tell us what you love or once loved about your role as a teaching assistant to be in with a chance to feature on our website and win a free weeks’ worth of admin!WINNERS WILL BE ANNOUNCED ON FRIDAY 16TH SEPTEMBER……#NATIONALTEACHINGASSISTANTDAY … [Read more...]
Thank you!
As National Payroll Week has come to an end, we thought it only best to say a very gratuitous thank you to all of the companies who are currently partnered with ePayMe or looking to partner with us and choosing one of our robust products to ease the pressure and cost of your internal payroll.We also would like to extend this thank you to all of the employees who have chosen us as their preferred provider and placed their trust in our services in managing their payroll from start to … [Read more...]
What Is Outsource Payroll?
Outsource payroll is where companies or agencies choose to save time & money by hiring an external company to process all or some aspects of the payroll function whilst staying compliant and up to date with current legislation.For organisations, ePayMe can offer a wide range of solutions ranging from bureau services to fully managed and compliant payroll processing and submissions to HMRC.For employees who choose to use the services of an outsource provide such as ePayMe, you can be … [Read more...]
Up, up & away!
Happy National Payroll Week
Wishing you all a very happy National Payroll Week from the Payroll Team at ePayMe! … [Read more...]
Don’t waste time worrying!
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...]
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...]