cipHR

MARCH 24, 2022

With the current tax year ending on 5 April 2022, the 2022/2023 tax year introduces many key pieces of legislation affecting millions of employers and employees across the UK. The chancellor announced in his spring statement on 23 March 2022 that, from July 2022, the point at which employees start paying will also be set to £12,570.

Taxes 40

Taxes Payroll Deductible Deductions 40

Employee Benefits

MARCH 13, 2024

Via these schemes, employees can choose to be paid for a portion of work that they have already done, with employers setting a threshold, usually at about 25% to 50% of earned wages, at a time that works for them, while the employer continues to run a normal payroll cycle. EWA schemes tend to be offered in two ways.

Deductible 59

Deductible Deductions Payroll Salary 59

HR Professionals Magazine

APRIL 4, 2022

This means if you change an employee from hourly to salary in the ben admin platform, the payroll system would not be updated. Similarly, you’ll want to know if deduction information flows in both directions, or if it only flows from the ben admin system to the payroll system via the API.

Payroll 52

Payroll Payroll System Deductible Deductions 52

HR Professionals Magazine

MAY 4, 2023

By Kisha Moliere It is common to think of benefits administration technology (ben admin) platforms as a tool that only facilitates employee benefits enrollment and transfers benefits eligibility data between carrier and payroll systems. Below are a few examples. Think again.

Technology 52

Technology Utilities Payroll Deductible 52

cipHR

AUGUST 1, 2022

Payroll: it’s an important part of any organisation, but one many employees may not think about much – until there’s a problem. In July 2022, reports emerged that employees of grocery chain Asda were taking out loans, skipping bill payments and using food banks because regular payroll errors meant some had been underpaid by more than £500.

Payroll 59

Payroll Payroll Software Deductible Deductions 59

Business Management Daily

JANUARY 5, 2023

Act of 2022 —90+ provisions focused on 401(k) and other retirement plans. Every mention of the word “Roth” will require significant adjustments to your payroll system to accommodate after-tax withholding. All qualified part-time employees are enrolled in the plan and pretax deductions are made from their pay. SECURE 2.0

401(k) 52

401(k) roth 401(k) Taxes Deductible 52