Xero now has the ability to calculate 80% of employee’s regular earnings if they have been furloughed. Below are the steps on how to do this when processing your payroll: Check the employee’s start date – You will need to make sure that employees have [...]
By now, many of you will have received notification of what is called your "staging date" for Auto Enrolment. This is the date from which you must start to deduct pension contributions from your employees and pay over a contribution as the employer. Although auto [...]
As a director of your own limited company, the most tax efficient way to take your money out of the business is usually to pay yourself a small salary and recoup your remaining drawings as dividends. Here, we'll explore in more detail how this works [...]
