The new 12Pay blog page is the location for new product ideas, industry insights and guest articles. Short, snappy 5 minute reads that really pack a punch.
Running your first payroll may seem like a daunting task but we’ve compiled the basics to ensure that you’re conducting yourself correctly and legally. Register yourself as an employer When you take on your first employee, your legal rights and responsibilities immediately change. One of the first things you must do is register yourself as […]
From April 2021, IR35 legislation is set to shake up the business landscape, altering the way large private employers, recruiters and contractors manage off-payroll working. IR35 was originally planned for April 2020, but due to the recent COVID-19 pandemic, the Treasury has postponed the changes until 2021. What will IR35 change? IR35 will require employers […]
CIS stands for the Construction Industry Scheme, which is legislation that requires contractors to deduct money from a subcontractor’s payments and for those funds to be passed to HMRC. What is the purpose of CIS payroll? The scheme’s primary goal is to prevent the loss of revenue to HMRC from salaries not being correctly taxed. […]
The introduction of GDPR alongside the UK’s Data Protection Act created an enormous amount of pressure for businesses to remain secure. As a payroll processor, you’re responsible for some of the most sensitive data such as name, address, National Insurance and bank details. This blog will take a look at the strict requirements that you […]