Employee Benefits

OCTOBER 12, 2023

Daniel Yates, managing director at Pitchup, said: “As a business that is committed to supporting local communities through low impact, sustainable travel, it makes sense for us to offer the [bikes-for-work] benefit so employees can reduce their own carbon footprints.”

Gross Pay 52

Gross Pay Retail Life Insurance Taxes 52

Employee Benefits

SEPTEMBER 6, 2023

Bikes-for-work schemes are tax-exempt arrangements that encourage employees to cycle to work to reduce environmental pollution and promote healthier lifestyles. The schemes are usually offered via a salary sacrifice arrangement. of the salary employees sacrifice owing to the consequent reduction in their NI contributions.

Gross Pay 59

Gross Pay Net Pay Taxes Deductions 59

Hppy

MARCH 15, 2023

Handling Incorrect Deductions from Employees’ Salaries Incorrect deductions can be a huge headache for employers and employees alike. To ensure that everyone is paid correctly, you need to double-check every deduction taken out of an employee’s salary before it is processed.

Payroll 68

Payroll Gross Pay Net Pay Deductions 68

cipHR

NOVEMBER 15, 2021

As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. This means people can earn £12,500 tax-free, and only start paying tax on income over that amount.

Pension 98

Pension Gross Pay Payroll Deductions 98