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What is Payroll Tax?

Abel HR

One of the most perplexing topics in the human resources industry is that of the payroll tax. This article will help break it down for you and explain what it’s all about. What are Payroll Taxes? When business owners pay their employees’ wages, the law requires them to make tax payments on their behalf.

Taxes 52
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AbelHR: What is Payroll Tax?

Abel HR

One of the most perplexing topics in the human resources industry is that of the payroll tax. This article will help break it down for you and explain what it’s all about. What are Payroll Taxes? When business owners pay their employees’ wages, the law requires them to make tax payments on their behalf.

Taxes 52
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Choosing the best workplace pension for your business

Employee Benefits

What to consider when choosing a workplace pension provider Choosing a workplace pension scheme can be overwhelming, but this article aims to simplify the process. More complex aspects like varying tax relief methods and payroll integration will be covered later. Net Pay contributions from your employees is deducted before tax.

Pension 96
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What Is Imputed Income? | Payroll Definition and Examples

Patriot Software

Do not include imputed income in an employee’s net pay. Patriot’s online payroll software calculates the proper taxes for you. Opt for our Full Service payroll services and we will take care of withholding and depositing the taxes. This article has been updated from its original publication date of May 9, 2012.

Payroll 50
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Excel Skills Matter: Preparing for the Payroll Assistant Assessment

Professionals Alternative

[link] Boost Your Career as a Payroll Assistant: Excel Skills Every Budget Professional Should Master Introduction As a payroll assistant, I have come to understand the crucial role that Excel skills play in my daily work. Payroll processing involves handling vast amounts of data, calculations, and complex formulas.

Payroll 52
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Your Guide to Take-home Pay

Patriot Software

What is take home pay? Take-home pay consists of the income an individual receives after taxes, benefits, and other contributions are deducted. Take-home pay may also be called net pay. An employee’s take-home pay is the difference between their gross pay and deductions. Take-home pay vs. gross pay.

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A Guide to Calculating Pensionable Earnings for Employers

Employee Benefits

This article will explain the different methods for calculating pensionable earnings and how these methods affect pension contributions and tax efficiency. Basic pay (bonus is not considered): Bonus excluded Pensionable earnings £38,000 Employer contribution: £1,140 Employee contribution (inc. Employee contribution (inc.

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