More employees are self-isolating or working remotely to reduce the spread of the COVID-19 virus. All businesses, regardless of size, will be affected by the government measures for the foreseeable future. As the COVID-19 virus spreads across the UK, the government has introduced measures for employers to continue to pay their employees and to support businesses.
Contingency planning is now part of everyday life for businesses worldwide, especially when it comes to your payroll processing. This kind of planning is useful in any event, whether it be for coronavirus, inclement weather, or train or bus strikes. There are plenty of steps businesses can take to prepare for operational resilience.
Businesses are understandably concerned about the steps they should be taking to manage the risk of COVID-19. We would like to provide reassurance to our customers that BrightPay is well prepared. Many businesses are now putting in place precautionary measures to combat the spread of the virus and to protect their employees. BrightPay can facilitate the option to work from home, which is one of the primary ways businesses are changing the way they operate.
In this webinar, we will cover how employers and payroll bureaus can continue to operate their payroll while they work remotely.
- Employer & Employee Rights
- How to Handle SSP & Covid 19
- Coronavirus Job Retention Scheme & Furlough Leave
- How BrightPay can Facilitate Remote Working
- Q & A
Date: 17th April 2020 | For more information visit https://www.brightpay.co.uk
What Does the National Living Wage Mean for SMEs Turner Little
On 1st April 2016, the government’s National Living Wage Policy came into effect. Employers are now obliged to pay staff over the age of 25 a minimum salary of £7.20 per hour. Turner Little looks into the what the policy will mean for UK small to medium-sized enterprises (SMEs).
Understanding Tax Credits with Green & Peter
Green & Peter think more people should be claiming
and we want to help you understand Tax Credits further…
More employees are self-isolating or working remotely to reduce the spread of the COVID-19 virus. All businesses, regardless of size, will be affected by the government measures for the foreseeable future. As the COVID-19 virus spreads across the UK, the government has introduced measures for employers to continue to pay their employees and to support businesses.
Contingency planning is now part of everyday life for businesses worldwide, especially when it comes to your payroll processing. This kind of planning is useful in any event, whether it be for coronavirus, inclement weather, or train or bus strikes. There are plenty of steps businesses can take to prepare for operational resilience.
Businesses are understandably concerned about the steps they should be taking to manage the risk of COVID-19. We would like to provide reassurance to our customers that BrightPay is well prepared. Many businesses are now putting in place precautionary measures to combat the spread of the virus and to protect their employees. BrightPay can facilitate the option to work from home, which is one of the primary ways businesses are changing the way they operate.
In this webinar, we will cover how employers and payroll bureaus can continue to operate their payroll while they work remotely.
- Employer & Employee Rights
- How to Handle SSP & Covid 19
- Coronavirus Job Retention Scheme & Furlough Leave
- How BrightPay can Facilitate Remote Working
- Q & A
Date: 17th April 2020 | For more information visit https://www.brightpay.co.uk
What Does the National Living Wage Mean for SMEs Turner Little
On 1st April 2016, the government’s National Living Wage Policy came into effect. Employers are now obliged to pay staff over the age of 25 a minimum salary of £7.20 per hour. Turner Little looks into the what the policy will mean for UK small to medium-sized enterprises (SMEs).
Understanding Tax Credits with Green & Peter
Green & Peter think more people should be claiming
and we want to help you understand Tax Credits further…
2. Specification detail
The impact of regulation and taxation
and the benefits and drawbacks of
minimum wage, maternity/paternity rights
and health & safety regulations on
business
3. The European Union
The European Union is a group of countries
whose governments work together.
It's a bit like a club. To join you have to
agree to follow the rules and in return you
get certain benefits.
Each country has to pay money to be a
member. They mostly do this through
taxes.
The EU uses the money to change the way
people live and do business in Europe.
Countries join because they think that
they will benefit from the changes the EU
makes.
9. Health and Safety
Accidents are
avoided
Increases productivity
Lowers labour turnover
Good reputation –
repeat purchase
Reduce work related
injury
Expensive to
implement
Risk assessments are
time consuming
Some staff resent the
changes
10. Maternity and Paternity Rights
Women are allowed 39weeks maternity pay
The first 6 weeks, their employer will pay the
mother 90% of their usual earnings.
After that, they receive the sum of £125 per
week.
The mother is entitled to have her job back
when she returns to work
The father can have 2 weeks paid leave after
the baby is born.
11. Taxation
Tax Explanation Impact on the Business
Corporation
Tax
A business pays tax on its
profits (30%)
• Shareholders will get a lower
dividend
• Corporations will reinvest
their profit as an expense, to
decrease their profit.
VAT (value
added tax)
This must be paid on
goods and services (17.5)
Some items, such as
children’s clothes, are
exempt
This makes items more
expensive for the consumer.
Income Tax A tax paid by employees
on their earnings.
This leads to an increase in
money people have to live
and spend on other products.