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What is Payroll Tax?

Abel HR

Both employer and employee know about it but unsure of what it is and where it goes. When business owners pay their employees’ wages, the law requires them to make tax payments on their behalf. This comes mostly from the employee’s salary through payroll deduction, while the employer pays some directly to the IRS.

Taxes 52
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AbelHR: What is Payroll Tax?

Abel HR

Both employer and employee know about it but unsure of what it is and where it goes. When business owners pay their employees’ wages, the law requires them to make tax payments on their behalf. This comes mostly from the employee’s salary through payroll deduction, while the employer pays some directly to the IRS.

Taxes 52
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The A-Z of payroll outsourcing UK

cipHR

If a payroll outsourcing company is BACS-approved, it will be able to pay employees and also bodies such as HMRC, directly on behalf of the employer. E: EPS (employer payment summary) Part of the real-time information submission made by an employer to HMRC. In most cases, it is down to the employer to establish this.

Payroll 52