Why would you want to sacrifice some of your salary?

Especially in the current economic climate with our belts already tightened, the mere mention of a reduction in salary would give cause for grave concern, adding further financial hardship to an already over-stretched household budget. But should this be a concern when the sacrifice refers to a salary sacrifice scheme … Read More

RTI Key Facts Summary

All employers must go through a one-off ‘alignment’ process in order to synchronise their data with HMRC by sending the First Full Payment Submission or, if appropriate, an Employer Alignment Submission Where there are adjustments to be made to the employer’s liability to HMRC at the end of a tax … Read More

Non-Compliance is NOT an Option

HMRC confidently states that: “RTI will make it easier for employers, pension providers and HMRC to administer RTI will remove administrative burdens of £300 million a year from employers, mainly from the abolition of the end-of- year PAYE returns process – the biggest single contribution that any tax change could … Read More

Data Cleansing

Providing HMRC with accurate employee information helps ensure that employees pay the right amount of tax and National Insurance Contributions (NICs). It also helps protect their entitlement to certain state benefits. Accurate data will help employers save time as they’ll receive fewer enquiries from HMRC and their employees. Very little … Read More

5 Steps to Prepare for RTI

1. Don’t Panic and start preparing your business now. The majority of businesses will need to start reporting under RTI from April 2013. HMRC will move larger companies onto RTI between May–September 2013. It is recommended that the required changes to payroll processes and procedures, including assessing current and/or introducing … Read More

Why should you outsource your school’s payroll?

Qtac Payroll offer an excellent payroll service for schools – ideal services for academy schools that are more autonomous. We have a wealth of experience in providing a managed payroll service that is accurate, reliable and cost effective. Outsourcing your payroll to a reputable provider like Qtac will give you … Read More