The Pay-As-You-Earn system (PAYE) which employers manage in order to make sure that most employees do not have to undertake the arduous task of completing an income tax form creates a “significant” burden on SME’s according to a Government watchdog. Tax Simplification – The Background The Office of Tax Simplification believes the workhorse of the economy – SME’s have disproportionate unfairness levied upon them. Small...
Payroll is an important process within any business organisation. It is by default the responsible for the prompt payment of all employee’ salary compensations within a defined calendar period. It also helps to protect the company’s reputation by following strict HMRC regulations by remaining compliant but also by making sure it deals with employee queries fast – helping to build not only an external brand...
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