The webinar covered auto enrolment responsibilities for small employers and how accountants and payroll bureaus can help clients and earn more. It discussed that small employers lack in-house expertise for auto enrolment and will likely turn to advisors. Offering auto enrolment support can generate new business and monthly retainers. Attendees learned how to review payroll systems to ensure they can automate and streamline auto enrolment duties. Educating clients on defining their workforce and communications is important for compliance. Modern solutions like BrightPay can automate tasks to save time and money.
Auto Enrolment - 5 Steps to Bureau Success by Paul Byrne with guest speaker Henry Cobbe from Trust Pensions.
For more information visit www.brightpay.co.uk
https://www.brightpay.co.uk -
Employer duties under Auto Enrolment for Payroll Bureaus
Webinar 2 - BrightPay's Auto Enrolment Webinar Series
According to the Pensions Regulator, 78% of small businesses will look to their bookkeeper, accountant, payroll bureau or advisor for advice and counsel. Discover how you can benefit financially by offering Auto Enrolment as a service. With a combined Payroll and Auto enrolment solution in place, you will benefit from greater efficiency, increased value and improved cost savings. Find out how and why Auto Enrolment should be a chargeable service.
Accounting and Taxation for a small and medium enterprise is a huge headache. See this presentation and find out how to address this opportunity and earn money!
Embrace auto enrolment to increase profitsPaul Byrne
Patrick McLoughlin from A4G joins BrightPay for a free auto enrolment webinar for bookkeepers, accountants and payroll bureaus - 24 March 2015.
With the tsunami of auto enrolment staging dates ready to hit the UK’s small businesses, payroll bureaus are deliberating whether to embrace auto enrolment and whether it is worth the time and effort. Both small businesses and payroll bureaus are not sufficiently aware of the implications of workplace pensions. Delaying Auto Enrolment preparation will leave your clients open to significant risks. Auto Enrolment provides the perfect platform for bureaus to offer some real value added services to their clients and increase profits.
For more information visit www.brightpay.co.uk.
Auto Enrolment - 5 Steps to Bureau Success by Paul Byrne with guest speaker Henry Cobbe from Trust Pensions.
For more information visit www.brightpay.co.uk
https://www.brightpay.co.uk -
Employer duties under Auto Enrolment for Payroll Bureaus
Webinar 2 - BrightPay's Auto Enrolment Webinar Series
According to the Pensions Regulator, 78% of small businesses will look to their bookkeeper, accountant, payroll bureau or advisor for advice and counsel. Discover how you can benefit financially by offering Auto Enrolment as a service. With a combined Payroll and Auto enrolment solution in place, you will benefit from greater efficiency, increased value and improved cost savings. Find out how and why Auto Enrolment should be a chargeable service.
Accounting and Taxation for a small and medium enterprise is a huge headache. See this presentation and find out how to address this opportunity and earn money!
Embrace auto enrolment to increase profitsPaul Byrne
Patrick McLoughlin from A4G joins BrightPay for a free auto enrolment webinar for bookkeepers, accountants and payroll bureaus - 24 March 2015.
With the tsunami of auto enrolment staging dates ready to hit the UK’s small businesses, payroll bureaus are deliberating whether to embrace auto enrolment and whether it is worth the time and effort. Both small businesses and payroll bureaus are not sufficiently aware of the implications of workplace pensions. Delaying Auto Enrolment preparation will leave your clients open to significant risks. Auto Enrolment provides the perfect platform for bureaus to offer some real value added services to their clients and increase profits.
For more information visit www.brightpay.co.uk.
The Kwikwap system, in short, is a website developing tool. It helps you to create a website, develop it and manage it
easily. Using the Kwikwap system you can create as many websites as you want in a day, in a week and in every
month. Not only will it be easy for you as a consultant to create websites with the help of a short training arranged by
Kwikwap, but even your clients will also find it extremely easy to manage and edit their websites, once you show
them how to do it. Your assistance might be required by them later, but only once in a while.How mush do i earn a week
if you do 3 websites a week you earn R7,500 upfront PER WEEK plus after a year you will also
have this:
Payroll bureaus need to decide if they are ready or prepared to take on Auto Enrolment business. With many shying away from offering this as an extra service, bureaus will need to determine what kind of information and support they will offer to help their clients comply with these new AE duties.
Employer duties under Auto Enrolment for Payroll Bureaus
Advisors will find that a large portion of their clients will contact them very close to or even after their staging date. By offering a complete end-to-end solution, bureaus can generate income and enhance client relationships.
Agenda
Auto Enrolment Overview
Small Employers - Ripe for the picking
Auto Enrolment a Chargeable service
Review Existing Payroll Systems
How BrightPay handles automatic enrolment
Introducing BrightPay Cloud - Online Back up & Employee Self Service
NEST - Helping make auto enrolment work for you
NEST has been set up by the government especially for auto enrolment to ensure that every employer has access to a workplace pension scheme that meets the requirements of the new pension rules. But we do more than just meet the regulatory minimum.
NEST comes packed with the sort of high-quality features you need, whether you’re saving with us, using us for your workers or helping your employer clients. Over 160,000 employers have already chosen NEST for their auto-enrolment pension scheme. NEST’s objective is to help you start your auto-enrolment pension scheme with NEST quickly and painlessly.
Agenda
How to set up an auto-enrolment pension scheme with NEST
Look at the areas to be careful about using the experience of other employers who have already started their auto-enrolment scheme
For more information visit www.brightpay.co.uk.
Award Event Presentation for a corporate company.
Finance Based presentation. Vivid and easy design to follow.
Content Planning, Development & Designing by Sudev Bhattacharya
https://www.linkedin.com/in/sudevbhattacharya/
What does a tax consultant do?” you may be wondering. The solution is straightforward: a successful tax consulting career necessitates the development of positive client connections. To get some clarity on your path, one can try some of the best account taxation course in Ahmedabad to simplify your decision making.
AP Fiscal Year-End Close: A 10-Step ChecklistTradeshift
It’s that time of year again. For accounts payable professionals, along with CFOs, controllers, and corporate finance analysts, year-end is a whirlwind. Given all the internal and external reporting and audit requirements, you need access to timely, accurate, and consistent AP data. Your organization’s vital decisions depend upon it.
In this instructive 45-minute webinar, internal controls and compliance expert, Chris Doxey, will present strategic and tactical suggestions that you can use to deliver the best data and improve the fiscal closing process for your AP department. You’ll learn 10 steps to preventing duplicate efforts and unnecessary controls during the closing crunch.
This free educational event will leave you with a clearer understanding of the entire financial close process, including:
- Roles and responsibilities during the financial close
- Key metrics, controls, processes, and policies
- Properly accruing expenses, reconciling accounts, and dealing with reporting variances
Auto enrolment: to AE or not to AE? by Niall Ferguson, National Partnership Manager. Presented at the Community Accountancy Special Interest Group Annual Conference 2014.
Pm lee’s national rally day speech 2021 - Updates on workplaceGingerChow
PM Lee Hsien Loong delivered his National Day Rally speech on 29 August 2021, where he had spent some time focusing on the current employment rules and regulation. There have been some changes made to the rules and regulations of a workplace which may benefit many locals who are currently facing difficulties in this pandemic situation. The main takeaways were as follows:
• Guidelines for fair employment to be enshrined in law
• Tightened criteria for work pass holders
• More support provided for lower-wage workers
We would like to take this opportunity to share what was mentioned and our views on it. Feel free to contact us if you have any enquiries.
Studies show that top performing companies are using “touchless” (or straight-through) processing to process invoices in 1-3 days, compared to more than 15 days for the average company. This enables them to maximize discount capture and “best pricing” through spend analysis and contract management.
Every invoice that is processed in a touchless manner saves a tremendous amount of time, resources and money. Many top performing companies have implemented touchless processing and they continue to reap the benefits and improve year after year.
This 45-minute session with industry expert David Hay will discuss:
-How touchless processing can be achieved
-Process change and automation
-Collaborating with procurement to achieve touchless transactions
-Usage of cloud and mobile technologies
Accounts Payable data entry always seems such a routine function within the accounting department that we never invest the time to learn more. But the reality is it’s probably the functional area where the most work exists within your organization. Therefore, it’s also the area where you most need to streamline the operations.
This webinar will help you and your organization determine where you can most efficiently tie the knots that will help you gain the most effect for streamlining your work in this area.
In this live webinar, we discuss these efficiency building areas of AP Entry:
-The In’s and Out’s of Memorized and Recurring Entries
-When are Memorized or Recurring most beneficial?
-What is the difference between Report Groups and Report Formats, and how do I use each?
-Using Distribution Codes more efficiently
-Does this new Vendor I need to get into the system have to have a 1099?
-How can we store the W-9’s for the 1099 Vendors the most efficiently, and how often should we update them?
The Kwikwap system, in short, is a website developing tool. It helps you to create a website, develop it and manage it
easily. Using the Kwikwap system you can create as many websites as you want in a day, in a week and in every
month. Not only will it be easy for you as a consultant to create websites with the help of a short training arranged by
Kwikwap, but even your clients will also find it extremely easy to manage and edit their websites, once you show
them how to do it. Your assistance might be required by them later, but only once in a while.How mush do i earn a week
if you do 3 websites a week you earn R7,500 upfront PER WEEK plus after a year you will also
have this:
Payroll bureaus need to decide if they are ready or prepared to take on Auto Enrolment business. With many shying away from offering this as an extra service, bureaus will need to determine what kind of information and support they will offer to help their clients comply with these new AE duties.
Employer duties under Auto Enrolment for Payroll Bureaus
Advisors will find that a large portion of their clients will contact them very close to or even after their staging date. By offering a complete end-to-end solution, bureaus can generate income and enhance client relationships.
Agenda
Auto Enrolment Overview
Small Employers - Ripe for the picking
Auto Enrolment a Chargeable service
Review Existing Payroll Systems
How BrightPay handles automatic enrolment
Introducing BrightPay Cloud - Online Back up & Employee Self Service
NEST - Helping make auto enrolment work for you
NEST has been set up by the government especially for auto enrolment to ensure that every employer has access to a workplace pension scheme that meets the requirements of the new pension rules. But we do more than just meet the regulatory minimum.
NEST comes packed with the sort of high-quality features you need, whether you’re saving with us, using us for your workers or helping your employer clients. Over 160,000 employers have already chosen NEST for their auto-enrolment pension scheme. NEST’s objective is to help you start your auto-enrolment pension scheme with NEST quickly and painlessly.
Agenda
How to set up an auto-enrolment pension scheme with NEST
Look at the areas to be careful about using the experience of other employers who have already started their auto-enrolment scheme
For more information visit www.brightpay.co.uk.
Award Event Presentation for a corporate company.
Finance Based presentation. Vivid and easy design to follow.
Content Planning, Development & Designing by Sudev Bhattacharya
https://www.linkedin.com/in/sudevbhattacharya/
What does a tax consultant do?” you may be wondering. The solution is straightforward: a successful tax consulting career necessitates the development of positive client connections. To get some clarity on your path, one can try some of the best account taxation course in Ahmedabad to simplify your decision making.
AP Fiscal Year-End Close: A 10-Step ChecklistTradeshift
It’s that time of year again. For accounts payable professionals, along with CFOs, controllers, and corporate finance analysts, year-end is a whirlwind. Given all the internal and external reporting and audit requirements, you need access to timely, accurate, and consistent AP data. Your organization’s vital decisions depend upon it.
In this instructive 45-minute webinar, internal controls and compliance expert, Chris Doxey, will present strategic and tactical suggestions that you can use to deliver the best data and improve the fiscal closing process for your AP department. You’ll learn 10 steps to preventing duplicate efforts and unnecessary controls during the closing crunch.
This free educational event will leave you with a clearer understanding of the entire financial close process, including:
- Roles and responsibilities during the financial close
- Key metrics, controls, processes, and policies
- Properly accruing expenses, reconciling accounts, and dealing with reporting variances
Auto enrolment: to AE or not to AE? by Niall Ferguson, National Partnership Manager. Presented at the Community Accountancy Special Interest Group Annual Conference 2014.
Pm lee’s national rally day speech 2021 - Updates on workplaceGingerChow
PM Lee Hsien Loong delivered his National Day Rally speech on 29 August 2021, where he had spent some time focusing on the current employment rules and regulation. There have been some changes made to the rules and regulations of a workplace which may benefit many locals who are currently facing difficulties in this pandemic situation. The main takeaways were as follows:
• Guidelines for fair employment to be enshrined in law
• Tightened criteria for work pass holders
• More support provided for lower-wage workers
We would like to take this opportunity to share what was mentioned and our views on it. Feel free to contact us if you have any enquiries.
Studies show that top performing companies are using “touchless” (or straight-through) processing to process invoices in 1-3 days, compared to more than 15 days for the average company. This enables them to maximize discount capture and “best pricing” through spend analysis and contract management.
Every invoice that is processed in a touchless manner saves a tremendous amount of time, resources and money. Many top performing companies have implemented touchless processing and they continue to reap the benefits and improve year after year.
This 45-minute session with industry expert David Hay will discuss:
-How touchless processing can be achieved
-Process change and automation
-Collaborating with procurement to achieve touchless transactions
-Usage of cloud and mobile technologies
Accounts Payable data entry always seems such a routine function within the accounting department that we never invest the time to learn more. But the reality is it’s probably the functional area where the most work exists within your organization. Therefore, it’s also the area where you most need to streamline the operations.
This webinar will help you and your organization determine where you can most efficiently tie the knots that will help you gain the most effect for streamlining your work in this area.
In this live webinar, we discuss these efficiency building areas of AP Entry:
-The In’s and Out’s of Memorized and Recurring Entries
-When are Memorized or Recurring most beneficial?
-What is the difference between Report Groups and Report Formats, and how do I use each?
-Using Distribution Codes more efficiently
-Does this new Vendor I need to get into the system have to have a 1099?
-How can we store the W-9’s for the 1099 Vendors the most efficiently, and how often should we update them?
Guest Speaker: Colin Dunn, Panalitix. For more information visit www.brightpay.co.uk
Auto Enrolment - Five Steps to Bureau Success
Accountants and payroll bureaus need to decide if they are ready or prepared to take on Auto Enrolment business. With many shying away from offering this as an extra service, bureaus will need to determine what kind of information and support they will offer to help their clients comply with these new AE duties. Advisors will find that a large portion of their clients will contact them very close to or even after their staging date. By offering a complete end-to-end solution, bureaus can generate income and enhance client relationships.
As the number of employers that need to stage increases, the Pension Regulator also expects to see an increase in how often they need to enforce their statutory powers. Many employers will undoubtedly look to their bookkeeper, accountant or payroll advisor for guidance. Discover five tactical steps to gain a significant, strategic advantage over your competitors. Learn how to make a profit from Auto Enrolment by providing a new service to your existing clients.
Agenda
UK Payroll Landscape
Lack of understanding surrounding Auto Enrolment
Small Employers & Auto Enrolment
Auto Enrolment Penalties
Profit from Auto Enrolment
Are you Open for Business?
Pricing new services
Accountants have been pricing based on time taken and an arbitrary hourly charge rate for too long. It's an antiquated pricing methodology and savvy clients are getting wise to the fact that advances in technology are driving time out of jobs - yet their bills are not reducing. As a result, accountants need to find another way. They need pricing power. And what better place to start than with new services that clients have not previously bought from your firm.
In this webinar, Colin Dunn, a Brit who spent almost 10 years in a leading accountancy firm in the UK before co-founding PANALITIX, will share tried and tested strategies to create a true win-win pricing scenario. You'll leave with pragmatic ideas that you can take and implement immediately.
About Panalitix
PANALITIX help accountants to grow businesses that really matter. Over the last 10 years, co-founders Colin Dunn and Rob Nixon, have helped thousands of accountants improve their firm’s position across profit, capacity, and growth. Built on a foundation of coaching, content and technology, PANALITIX is the ultimate membership community for accountants including access to a library of the best resources, courses, client monitoring, and marketing automation tools. With PANALITIX, you can improve your firm, train your team and get more clients.
For more information visit www.brightpay.co.uk
For more information visit https://www.brightpay.co.uk
Do your clients know about the upcoming increases in minimum pension contributions? Payroll bureaus will need to make sure that their clients understand these changes. Phasing will apply to all employers who have employees enrolled into a workplace pension scheme.
On the 6th April 2018, employers are required to increase the total contributions into their employee’s pension pot from 2% to 5%. Employers will contribute 2% with the employee minimum rate increasing to 3%. Minimum contributions will undergo a further increase next year on the 6th April 2019, with the total minimum contribution increasing from 5% to 8%, representing a 3% employer and 5% employee contributions.
This webinar will take you through what's involved with the latest increases in contributions and a look at how new employers will handle their auto enrolment duties.
Our agenda includes:
Are you ready for the forthcoming contribution increases?
How to support your clients and their employees with the changes
Your ongoing duties
Helping your new employer’s clients get to grips with AE
How BrightPay will handle these changes
A quick peek at BrightPay Connect
NEST & The Pensions Regulator recently joined BrightPay for a free auto enrolment webinar - don't miss out. Watch the webinar on demand here anytime: https://www.brightpay.co.uk/tutorials/auto-enrolment-webinar-with-nest-the-pensions-regulator/
The Future of Auto Enrolment for Bookkeepers
Presented by Karen Bennett at ICB Bookkeepers Summit 2017
For more information visit https://www.brightpay.co.uk
Unlocking Payroll Efficiency Navigating Government Contracts with Confidence ...Robert E Jones
Struggling to manage payroll for your government contracts? Our webinar covers the specialized payroll needs of government contractors. We'll review the basic payroll process and proper labor distribution to cost objectives. Discover what to look for (and avoid!) in a payroll provider when it comes to DCAA-compliant timekeeping, complex pay structures, and SCA understanding. We'll discuss workarounds for GL integration and why Intuit's automated solution falls short. Plus, we'll provide ways to leverage payroll systems for HR components like benefits, hiring, and training. Attendees will leave with insider knowledge to build an efficient, compliant payroll process that satisfies auditors' requirements.
This webinar took place on 22nd February 2022.
Why now is the best time to bring your payroll in-house
With furlough and the constant payroll legislation changes now thankfully behind us, now is the perfect time to consider bring your payroll operations in-house. After the turbulence of the last two years, many businesses will be looking for ways to cut down on costs and build back lost revenue. Taking care of your payroll yourself rather than outsourcing to a an accountant or bookkeeper is a smart way of doing this.
In this webinar we will weigh up the pros and cons of bringing your payroll in-house to do it yourself versus your accountant doing your payroll for you. We will also explore what you need to look out for in payroll software, both to maximise these benefits and to make the transition as smooth as possible. Towards the end of the webinar, we will give you a short tour of BrightPay to introduce you to the world of payroll, and practical guidance on how to implement it. We will also be answering some questions from our audience.
Agenda
Current in-house payroll trends
Benefits of outsourcing vs. In-house payroll
Choosing the right payroll software
Quick tour of BrightPay
Questions and Answers
Webinar Information
For more information, please visit https://www.brightpay.co.uk/
This webinar took place on 16th February 2022.
In the past, payroll software and accounting systems stood side by side, but they never spoke or communicated directly with each other. Thanks to API integration, we have added the ability to connect BrightPay to a number of accounting packages, one of these being Surf Accounts.
BrightPay’s integration has made it possible for the instant flow of payroll information from the payroll software to Surf Accounts. Instead of having to manually enter the payroll journals into the Surf Accounts system, they can be sent directly from BrightPay to Surf Accounts at the click of a button. It couldn’t be any easier.
In this webinar, you'll discover how you can streamline your payroll and accounting processes with our seamless integration, allowing you to save time, reduce errors and create cost efficiencies.
What you'll learn:
Overview of BrightPay software and the benefits
How to streamline your payroll and accounting processes
How to integrate Surf Accounts and BrightPay
For more information, please visit https://www.brightpay.ie/
This webinar took place on 4th February 2022.
On 21st January the government announced new changes to the Employment Wage Subsidy Scheme (EWSS), which take effect from 1st February 2022. These new changes will see some businesses continue to be eligible for the enhanced EWSS rates that are currently in place, whilst other businesses will face a reduction in the subsidy rates that they are entitled to receive.
This webinar includes guest speakers from Revenue as we discuss the new changes and answer any questions that you may have.
For more information, please visit https://www.thesaurus.ie/
BrightPay is an award-winning payroll and automatic enrolment software that makes managing payroll easy. Using API technology, BrightPay offers full integration with AccountsIQ allowing both the payroll software and accounting software system to directly communicate with each other.
In this webinar, focusing on the Irish market, you’ll discover how you can streamline your payroll and accounting processes with our seamless integration, allowing you to save time, reduce errors and create cost efficiencies. You’ll also be able to see how you can analyse in AccountsIQ your monthly payroll by GL code and multiple BI codes.
For more information please visit: https://www.brightpay.ie/
This webinar took place on 30th September 2021.
In this webinar, we are joined by representatives from the Revenue Commissioners to discuss recent updates to the Employment Wage Subsidy Scheme (EWSS) including the eligibility rules and rates for October 2021.
For more information visit: www.thesaurus.ie
This webinar took place on 26th August 2021.
In this webinar, we are joined by representatives from the Revenue Commissioners where they will discuss what you need to know about the Employment Wage Subsidy Scheme (EWSS).
What you will learn:
- An Introduction to the EWSS
- Revised EWSS Subsidy Rates
- EWSS Eligibility Criteria & Recent Changes
- Monthly reporting requirements to ROS
- De-Registering and Re-Registering for EWSS
For more information visit our website https://www.thesaurus.ie/
In this webinar, we discuss what you need to know about the extension of the EWSS, including enhanced eligibility rules. Plus, we will highlight important tips to remember as you return to the workplace (and what mistakes you should avoid).
For more information visit: https://www.thesaurus.ie/
In this webinar, we will discuss the key changes to the Coronavirus Job Retention Scheme as the scheme winds-down. With the end of the furlough scheme fast approaching, we will also explore the long term implication of COVID-19 on payroll.
For more information visit: https://www.brightpay.co.uk/
This webinar took place on 20 July 2021.
This webinar is specifically designed for accountants and payroll bureaus. In this webinar, representatives from both BrightPay and Modulr team up to explore what you need to know about making payments in BrightPay via Modulr. Plus, we discuss how you can offer payments as a service to your clients to improve profitability.
For more information please visit https://www.brightpay.co.uk/
In the past, payroll software and accounting systems stood side by side, but they never spoke or communicated directly with each other. Thanks to API integration, we have added the ability to connect BrightPay to a number of accounting packages, one of these being QuickFile.
BrightPay’s integration has made it possible for the instant flow of payroll information from the payroll software to QuickFile. Instead of having to manually enter the payroll journals into the QuickFile system, they can be sent directly from BrightPay to QuickFile at the click of a button. It couldn’t be any easier.
For more information, please visit www.brightpay.co.uk
We discuss the recent changes to the furlough scheme, including how the rules are changing between now and September. Plus, we highlight important HR tips to remember as you return to the workplace (including what mistakes you should avoid).
For more information, please visit www.brightpay.co.uk
BrightPay’s new integration with Modulr will give you a fast, secure and easy way to pay employees through BrightPay. Eliminate the need to create bank files and the manual workload associated with making payments to employees.
HMRC have announced even further extensions to the furlough scheme until the end of September. The government will continue to contribute to 80% of employees' wages for unworked hours until the end of June. However, employers will be asked to contribute a percentage of their employees' wage from July onwards as the scheme winds down.
Join us as we examine how the scheme rules are going to change between now and September and what these changes mean for your business. Plus, we will share some of the key lessons learned from processing payroll in a pandemic, and how COVID-19 has impacted payroll forever.
In the past, payroll software and accounting systems stood side by side, but they never spoke or communicated directly with each other. Thanks to API integration, we have added the ability to connect BrightPay to a number of accounting packages.
BrightPay’s integration has made it possible for the instant flow of payroll information from the payroll software to various accounting systems. Instead of having to manually enter the payroll journals into your general ledger, you can send them directly from BrightPay to your accounts system at the click of a button. It couldn’t be any easier.
Traditionally, many accountants would say that offering payroll as a service is not necessarily cost-effective and that it can be a time-consuming and tedious process. But this doesn’t need to be the case.
Today, your payroll and HR processes can be more automated and streamlined than ever before. It’s now feasible for payroll to be profitable for bureaus offering it as a service.
HMRC have announced even further extensions to the furlough scheme until the end of September 2021. The government will continue to contribute to 80% of employees' wages for unworked hours until the end of June. However, employers will be asked to contribute a percentage of their employees' wage from July onwards as the scheme winds down.
Employers need to prepare for IR35 reforms which are being introduced in the private sector this April. Like the public sector, clients will have to determine whether the contractor falls inside or outside IR35. There is a right way and a wrong way to comply with IR35 rules. Just putting all contractors ‘inside IR35’ and hoping for the best isn’t good enough.
During this webinar, Jas Jhooty, Director at emTax, will explore the steps that need to be taken to obtain ‘outside IR35’ SDS rulings for as many contractors as possible. By making simple changes to contracts and working conditions, businesses can keep 'inside IR35’ contractors to a minimum and reduce costs from April 2021.
Plus, see how BrightPay caters for IR35, including automatic disabling of employee benefits that off-payroll workers are not entitled to.
The impact of COVID-19 has seen a growing shift towards businesses bringing their payroll in-house to save money. Read the many benefits of managing your payroll in-house, including practical advice on how to implement it.
Is the fear of switching payroll software holding you back? Moving from one payroll software to another can sometimes be a daunting task, but with preparation, this doesn’t need to be the case.
In this webinar, we explore the challenges employers and accountants face when switching payroll software, including top tips on how to overcome those challenges. Plus, we highlight the many benefits associated with switching to BrightPay and why it is the perfect payroll solution for your business.
Discover what you need to do to prepare for your move to BrightPay to make the switch as seamless as possible. It’s time to turn payroll into the quick and easy process it should be.
See www.brightpay.co.uk for more information.
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In this presentation we will share our experiences around getting started with the Globus Compute multi-user endpoint. Working with the Pharmacology group at the University of Auckland, we have previously written an application using Globus Compute that can offload computationally expensive steps in the researcher's workflows, which they wish to manage from their familiar Windows environments, onto the NeSI (New Zealand eScience Infrastructure) cluster. Some of the challenges we have encountered were that each researcher had to set up and manage their own single-user globus compute endpoint and that the workloads had varying resource requirements (CPUs, memory and wall time) between different runs. We hope that the multi-user endpoint will help to address these challenges and share an update on our progress here.
Prosigns: Transforming Business with Tailored Technology SolutionsProsigns
Unlocking Business Potential: Tailored Technology Solutions by Prosigns
Discover how Prosigns, a leading technology solutions provider, partners with businesses to drive innovation and success. Our presentation showcases our comprehensive range of services, including custom software development, web and mobile app development, AI & ML solutions, blockchain integration, DevOps services, and Microsoft Dynamics 365 support.
Custom Software Development: Prosigns specializes in creating bespoke software solutions that cater to your unique business needs. Our team of experts works closely with you to understand your requirements and deliver tailor-made software that enhances efficiency and drives growth.
Web and Mobile App Development: From responsive websites to intuitive mobile applications, Prosigns develops cutting-edge solutions that engage users and deliver seamless experiences across devices.
AI & ML Solutions: Harnessing the power of Artificial Intelligence and Machine Learning, Prosigns provides smart solutions that automate processes, provide valuable insights, and drive informed decision-making.
Blockchain Integration: Prosigns offers comprehensive blockchain solutions, including development, integration, and consulting services, enabling businesses to leverage blockchain technology for enhanced security, transparency, and efficiency.
DevOps Services: Prosigns' DevOps services streamline development and operations processes, ensuring faster and more reliable software delivery through automation and continuous integration.
Microsoft Dynamics 365 Support: Prosigns provides comprehensive support and maintenance services for Microsoft Dynamics 365, ensuring your system is always up-to-date, secure, and running smoothly.
Learn how our collaborative approach and dedication to excellence help businesses achieve their goals and stay ahead in today's digital landscape. From concept to deployment, Prosigns is your trusted partner for transforming ideas into reality and unlocking the full potential of your business.
Join us on a journey of innovation and growth. Let's partner for success with Prosigns.
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BoxLang is more than just a language; it's a community. By choosing a Visionary License, you're not just investing in your success, you're actively contributing to the ongoing development and support of BoxLang.
Strategies for Successful Data Migration Tools.pptxvarshanayak241
Data migration is a complex but essential task for organizations aiming to modernize their IT infrastructure and leverage new technologies. By understanding common challenges and implementing these strategies, businesses can achieve a successful migration with minimal disruption. Data Migration Tool like Ask On Data play a pivotal role in this journey, offering features that streamline the process, ensure data integrity, and maintain security. With the right approach and tools, organizations can turn the challenge of data migration into an opportunity for growth and innovation.
Code reviews are vital for ensuring good code quality. They serve as one of our last lines of defense against bugs and subpar code reaching production.
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1. The webinar will begin shortly...
Auto Enrolment: Are Your Clients Ready?
How to price so you can earn more and work less
By Paul Byrne
By Steve Pipe
10. • Accountancy Practice for 20 Years
• Payroll software development
• Expanded into the UK – BrightPay & Bright
Contracts
• 80,000 employers across the UK & Ireland
use our products
Paul Byrne
11. • Auto enrolment overview
• Small employers – ripe for the picking
• Auto enrolment – a chargeable service
• Value proposition for your clients
• Review existing payroll systems
• Understand & educate your clients
Agenda
13. Auto Enrolment Overview
• Auto Enrolment is a vast subject
• Pensions Act 2008
• All employers must automatically enrol eligible jobholders into a
workplace pension scheme
15. Eligible Jobholders
• Aged between 22 and State Pension age
• Earn more that £10,000 per year
• Work, or ordinarily work, in the UK
Auto Enrolment Overview
16. 1. Set up a pension scheme
2. Assess employees
3. Communications
4. Ongoing duties
5. Declaration of Compliance
Auto Enrolment Responsibilities
20. Small and Micro Employers
• Large and medium employers: HR personnel to help with
auto enrolment
• Small and micro employers: lack of in-house expertise
• Majority of employers yet to stage will not have the
knowledge or experience to make informed AE decisions
21. Small and Micro Employers
• Information overload - confused,
bewildered and overwhelmed
• Expected that 78% of these will turn
to an accountant, bookkeeper, or
payroll bureau for advice and counsel
• Gift wrapped business opportunity
23. • Are you ready or prepared to take
on auto enrolment business?
• What level of support / information
will you offer?
• Are you prepared for employers
coming to you last minute?
Auto Enrolment – A Chargeable Service
24. • Payroll bureaus must predict the evolutionary need of their
clients
• Establish yourself as a proactive rather than a reactive AE
advisor
• Necessary level of service for an initial set up fee plus a
monthly retainer
Auto Enrolment – A Chargeable Service
25. • By offering a complete end to end solution, bureaus can
generate income and enhance client relationships.
• If you offer other services, auto enrolment will provide a new
platform to reach and upsell to.
• Employers will be happier to consolidate all their outsourced
services to one person or advisor.
Auto Enrolment – A Chargeable Service
29. • Choose payroll software that is specifically tailored to auto
enrolment
• Handle all the necessary employer duties
• The speed of automation offers significant cost savings to bureaus
• Some payroll software can streamline auto enrolment process and
allow you to make a profit
Review Existing Payroll Software
30. Does Your Payroll Software…
1. Assesses your workforce automatically?
2. Allows the use of postponement?
3. Customise employee communications?
4. Calculate and deduct pension contributions?
5. Handles opt-in and joining?
31. Does Your Payroll Software…
6. Handle opt outs and refunds?
7. Notify you when actions need to be taken?
8. Keep records and provide reports?
9. Integrate with various pension providers?
10. Provide free support?
33. • Mutual understanding of auto enrolment service offering
• What auto enrolment duties are you willing to fulfil and how
much will this added service cost?
• A tiered pricing system provides a menu of options for clients
to choose from
• It is vital that both parties understand who is responsible for
each of the different auto enrolment duties
Understand and Educate Your Clients
35. • Employers are required to provide workers with a range of
information depending on their worker category
– Eligible jobholders
– Non-eligible jobholders
– Entitled workers
– Postponed employees
• The right person, the right information, the right time
Educate Your Clients Workforce
36. • Payroll software / pension provider can provide the
communications for you
• Easily produce an interactive and personalised letter to provide
your clients with the relevant communications
• TPR: employer duties and defining the workforce (PDF, 163kb, 28
pages)
Educate Your Clients Workforce
38. • Engage with clients who have not yet staged
• Find out clients’ staging date – http://bit.ly/1EuooiJ
• Be proactive – let clients know that you are open for AE business
• Communicate AE service offering & pricing
• Risk of losing some or all of your payroll clients
1. Engage with your Clients
39. • The Pensions Regulator continues to enforce
fines and penalties for non-compliance
• Compliance Notices – 1,295
• Fixed Penalty Notices – 332
• Not allowing enough time to plan could
lead to your clients being fined
2. Avoid Penalties
40. • Bureaus can position themselves as available for AE business
• Clients outsource to you because you have the know-how and it
saves them time and money.
• Trusting you as a payroll professional to make sure they are fully
AE compliant with the law.
3. Expertise
41. • Ensure AE Functionality for the success of AE.
• Payroll software can provide the necessary functions to automate
the employer admin tasks.
• The Pensions Regulator urges bureaus and employers to check
with their payroll provider.
• Ensure that it supports the requirements of AE.
4. Payroll Software
42. • A number of advantages to offering AE as a Service.
• By offering AE as a chargeable service, bureaus can:
– Enhance client relationships
– Add additional revenue streams
– Provide added value to your existing clients
– Bring new clients on board
– Benefit from a competitive edge
5. Increase Revenue
43. • Modern innovative solutions exist that can automate AE
duties
• Auto enrolment communications
• BrightPay – integrated payroll and auto enrolment solution
• Allow you to streamline auto enrolment, saving time and
money
Streamline Auto Enrolment
48. Monday 2nd November @ 11.00 am
https://www.brightpay.co.uk/events/1020/
Auto Enrolment: 7 Steps to Profit with BrightPay
By Paul Byrne
Auto Enrolment: Collaboration is the Key to Success!
By Darren Critten
49. @BrightPayUK 60 Day Free Trial sales@brightpay.co.uk
Switch Today
To Get 50% Discount *
Phone 0845 3004 304 or
email sales@brightpay.co.uk
and quote:
“Webinar50”
Bureau Licence
£199 + vat per year
• Unlimited employers
• Unlimited employees
• Free support
• AE functionality
* Offer applies to new customers who switch to BrightPay from another payroll software provider for the first year subscription
only. This offer applies to BrightPay 2015/16 bureau licence only and does not work in conjunction with any other offer.
50. • HMRC Basic PAYE Tools users can now get 50% off when you switch to
BrightPay*
– Unlimited employees = £89 Now £44.50
– Up to 3 employees = FREE
• BrightPay now has HMRC Basic PAYE Tools import facility
* Offer applies to new customers who switch to BrightPay from HMRC Basic tools or another payroll software
provider for the first year subscription only. This offer applies to BrightPay 2015/16 employer licence only and
does not work in conjunction with any other offer.
52. A preferred supplier of TaxAssist Accountants
“The BrightPay user interface is superb and
makes data capture painless.”
“The language used is easy to understand
and minimises the use of payroll jargon.“
Accredited by ICB - Read here
Shortlisted for five awards at Payroll World Awards
Later Steve Pipe will be revealing the keys to pricing so that you can earn more and work less.
And that really is an unmissable session because Steve has dedicated his life to helping accountants get better results for themselves and their clients …
He is the founder of the 250 strong AVN association of accountants and the not for profit “Accountants Changing The World” movement.
He is also…
… the author of many Amazon 5 star rated books – which the likes of the President of The ICAEW describe on the dust covers as “Brilliant”. And…
… his 460 recommendations on LinkedIn make him the most highly recommended accountant in the world. While his 12 major business awards include being named by Accountancy Age as the “UK Entreprenuer Of The Year”. And…
… being shortlisted a couple of months ago by AccountingWeb for their first ever “Outstanding Contribution to Accounting” Award.
I am delighted to announce that we have a free competition today. There are two BrightPay bureau licences up for grabs.
All attendees who stay for the entire webinar will be entered in a free competition to win a free Bureau Licence. We have two 15/16 BrightPay licences to give away. 2 Attendees will be chosen at random and the winners’ details will be emailed to all attendees.
There will be a Q & A slot at the end of the webinar and if there any questions not answered in that slot we will email the answers to all attendees later today.
Hi everyone and thank you for joining us today. Just a small bit about myself to start off…
My background is as a practising accountant. I started my own practice back in the 80s and eventually grew it to a 3 partner practice with 10 staff. While in practice, I provided payroll bureau services for about 30 clients so I have some idea what it is like in the front line.
In 1992, I got into payroll software development - A large part of my reasoning for this was make better software than what I was using at the time. Eventually, I began working in software development full time, allowing us to focus on a wider range of software packages and expand into the UK.
Eventually, we introduced BrightPay and Bright Contracts in both the UK and Ireland. However, I can’t claim full credit for BrightPay, as it is written by someone younger and better than I (my fellow director Ross Webster).
Today, 80,000 employers across the UK and Ireland use our products, a figure that we are improving on every year.
So, here is the agenda for my slot today which I hope you will find useful and give you plenty of food for thought.
When talking I will often refer to Auto Enrolment or Automatic Enrolment simply as AE.
For those of you who have tuned in to any of our previous webinars, apologies if I end up repeating some of the points previously made. Unfortunately, this is unavoidable.
OK, a quick recap on what AE means and just to note that this is only a summary. AE is a vast and complex subject. It would take days (even weeks) to cover the subject properly. At the end of the day, you should not need to have an in depth knowledge of AE. It is up to your pension provider and payroll software provider to filter out all the noise for you.
The workplace pension reforms (automatic enrolment) are set out in the Pensions Act 2008 and were introduced in October 2012.
All employers are required to offer a workplace pension scheme to their eligible workers. AE is being rolled out in stages across all employers, and started with the larger employers in October 2012. By October 2018 all employers will be required to offer workplace pension schemes to eligible workers.
Large employers became subject to the duties (i.e. reached their staging date) between October 2012 and February 2014, and medium employers between April 2014 to April 2015. From June 2015, small and micro employers will begin to reach their staging date.
What AE actually means for an employer is that, from their staging date (or from their deferred date if they are using postponement), all eligible jobholders must be automatically enrolled. All employees must be assessed to determine whether they are eligible jobholders, non eligible employers or entitled workers.
Eligible Jobholders
Eligible jobholders are those who:
are aged between 22 and State pension age,
earn above the earnings threshold (currently £10,000) and
work in the UK.
All other employees are either non eligible jobholders or entitled workers and they can choose to join the workplace pension scheme.
In summary, Auto Enrolment is something that is optional for the employee but mandatory for the employer.
With AE comes a number of employer responsibilities:
A pension scheme must be set up with a qualifying pension provider and this should be done in advance of your staging date. This should not require a great deal of time, for example registering with NEST should take only 30 minutes on average to complete.
Next, the workforce must be assessed at your clients staging date and all eligible jobholders must be automatically enrolled into a workplace pension scheme, unless they are using postponement.
All employees must receive communications within 6 weeks of the staging date, not just those who hove been enrolled. You must notify eligible jobholders, non eligible jobholders, and entitled workers including those who have been postponed of AE and how they have been affected. Apparently, some employers believe that if they choose to postpone all employees for 3 months at their staging date, then nothing needs to be done in that 3 month period. This is not the case as all employees must receive a communication within 6 weeks of the staging date relating to the postponement and explaining when they will be enrolled. If this communication is not issued then the postponement effectively never happened and enrolment must be completed retrospectively back to the staging date which will in itself be a nightmare.
There are also a number of ongoing employer responsibilities such as handling opt outs (and opt ins), making deductions and contributions, monitoring employees each pay period, and sending a contribution file to the pension provider.
Employers, or you on their behalf, must complete a Declaration of Compliance within 5 months of the staging date to notify the Pensions Regulator that they have complied with AE.
By the end of September this year, over 60,000 employers had completed their declaration of compliance, enrolling 5.4 million eligible jobholders into a workplace pensions scheme.
The Pensions Regulator estimates that, over the next three years, around 1.8 million small and micro employers will need to act as a result of AE duties.
You will see from the slide that January 2016 is when the bulk of small and micro employers start to stage. This is the start of the so called tsunami and things will definitely heat up from there on.
A lot of the companies staging before now will probably have had their own HR people to help them through the enrolment process.
The vast majority of those staging from January 2016 will have no in-house expertise. The majority of these employers will not have the knowledge or experience to make informed decisions when it comes to their AE obligations.
With the vast quantity of information available, employers are fast becoming confused, bewildered and overwhelmed.
The Pension’s Regulator estimates that 78% of SMEs will turn to an accountant, bookkeeper, or payroll bureau. So, you have a gift wrapped business opportunity! And this is business you don’t have to go chasing.
Payroll bureaus need to decide if they are ready to take on AE business.
With many shying away from offering this as an extra service, bureaus will need to determine what kind of information and support they will offer to help their clients comply with these new AE duties.
Advisors will find that a large portion of employers will contact them very close to or even after their staging date. If a client does contact you after their staging date and has done nothing, if their staging date has passed by less than 6 weeks, get them to issue postponement letters to all employees immediately. Otherwise they will need to backdate AE back to the staging date.
Payroll bureaus that want to succeed in this competitive industry will need to predict the evolutionary needs of their clients.
You need to establish yourself as a proactive rather that a reactive AE advisor.
Bureaus will naturally increase their income by providing this service in exchange for an initial set up fee plus a monthly retainer to manage the on-going AE duties or an increased price per payslip. One bureau client mentioned to me that for a 15 employee client, they had charged £400 for handling staging and upped the price per payslip by 50% to cover ongoing monitoring and assessment. Apparently, the client was delighted.
By offering a complete end to end solution, bureaus can generate income and enhance client relationships.
If bureaus offer other services such as bookkeeping, tax returns, audits, management accounts, etc. they will have a new platform to reach and upsell to this new audience.
You will find that employers will be happier to consolidate all their outsourcing services to one person or advisor.
There are a number of benefits for your clients who outsource to you for auto enrolment:
Time
There will be significant time savings for your payroll clients. By outsourcing AE to a payroll professional, your client can avoid investing huge amounts of time researching how to comply with AE. The implementation of AE could also be very time consuming if your client doesn’t have the correct technology or software in place to automate a lot of the AE admin tasks.
Cost
Time is money as the saying goes. Without your help your payroll clients might choose payroll software that doesn’t have AE functionality. Even if it does some payroll providers are charging an additional charge for AE functionality and a further charge to support your clients through the process. With a bureau your client can avoid costly mistakes and save time that otherwise would have been taken out of their normal working week.
Focus on Core Areas
Especially for small and micro employers their time is extremely precious. Time away from their business is money.
Outsourcing AE to a payroll professional frees up their energies and enables them to focus on the core areas of running their business.
Expertise
Implementing AE may require skills that staff do not possess. Outsourcing will provide a level of continuity to the company while reducing the risk of possible non compliance.
While there is no legal obligation to have software in place, The Pensions regulator encourages employers to use an integrated payroll and AE solution that can automate employer duties and simplify the AE process.
It is important that payroll and AE software can handle all the necessary employer duties and you should test it well ahead of your staging date, to make sure it works.
Some payroll software provide auto enrolment functionality that can be tedious and time consuming, while other providers offer a streamlined solution that will automate AE duties. For large, repetitive or time sensitive tasks, the speed of automated AE offers significant cost savings to bureaus. This will be especially relevant when these employers approach their bureaus close to, at, or even after their staging date.
By making sure that your payroll software does the following functions it will allow you to streamline your processes and start making a profit from AE.
To check, ask your payroll provider the following questions.
Does your payroll software:
assess your workforce
allow the use of postponement
automate employee communications
calculate pension contributions
handle opt-ins and joining
handle opt outs and refunds
Notify you when actions need to be taken
keep records and provide reports
integrate with some or all pension scheme provider systems
provide free support
If you are selecting new software, you should ensure that it is compatible with your existing systems.
It is extremely important that you communicate with your clients so that there is a mutual understanding when it comes to your auto enrolment service offering.
Firstly, be proactive and communicate with your clients. Let them know what auto enrolment duties you are willing to fulfil and the additional fees that will be required for the added services.
An idea is to have a tiered pricing system so that your clients can have a menu of options to choose from.
When a client decides to utilise your auto enrolment services, it is vital that both parties understand who is responsible for each of the different auto enrolment duties.
To help your clients with auto enrolment it is important that you understand their workforce. You must understand the different types of worker, what defines them, and what your client must do for each type of worker under AE. Some employers may want to raise general awareness among their workforce about AE before staging and may turn to you for assistance with this.
There is a range of information that employers are required to provide to their workers, depending on their worker category.
Each employee must receive particular communications about how AE affects them, as well as making sure the right person gets the right information at the right time, e.g. if they change worker category.
For example, an eligible jobholder must receive a letter telling them that they have been enrolled and their enrolment date, their contribution rates, their option to opt out, and general information about how auto enrolment affects them. On the other hand, non-eligible jobholders and entitled workers must be informed of their right to opt in or join the scheme, while postponed employees must be notified and given the date when they will be reassessed for auto enrolment.
TPR provides poster templates, articles and other sample materials that can help with this.
Your payroll software should also be able to streamline the communications for you. Depending on the pension scheme being used, the pension provider may also handle the communications for you
Some payroll software allow you to easily produce interactive and personalised letters to provide your clients with the relevant communications for their workers.
If you have payroll clients, there are five important things to consider which will improve profits and increase the turnaround of payroll clients: engage with your clients, avoid penalties, expertise, Payroll Software and Increased Revenue.
Engage with your Clients
Advisors will find that a large proportion of their clients will contact them very close to or even after their staging date. It is important to engage with small and micro employers that have not yet staged to help reduce the number of latecomers.
The first thing to do is to find out your clients’ staging date in order to start planning accordingly. It is possible to look up your clients staging date on The Pensions Regulator's website, if you have their PAYE employer number.
You need to be proactive and notify these clients that you are open for AE business. Communicate your service offering and price it with your clients so that they know who will be responsible for each task.
Be aware, that if you decide not to process AE, there will be a risk that you will lose some or all of your payroll clients.
Avoid Penalties
The impact of AE will affect your clients business now and for the foreseeable future. The Pensions Regulator continues to enforce fines and penalties for non-compliance.
Up to June this year, The pensions regulator has issued 1295 compliance notices and 332 fixed penalty notices.
Not allowing enough time to plan could lead to your clients being fined. By planning ahead, it will allow you, on behalf of your clients, to avoid hefty penalty fines.
Expertise
You do not need to have an in depth knowledge of AE. However, by understanding employer AE obligations, a bureau can position themselves as an authority figure who is open for AE business.
Employers outsource their payroll processes to you because you have the know-how and it saves them time and money.
Today, with AE, it is not only about cutting costs for employers but trusting you as a payroll professional to make sure they are fully AE compliant. Furthermore, some employers may not have the competency, time or know-how to handle AE themselves.
Payroll Software - Ensure AE Functionality
Payroll software will play a vital role in ensuring the success of AE. Without the appropriate systems, bureaus will need additional time and resources to cope with AE.
Payroll software can provide the necessary functions to automate the employer admin tasks.
You will need to know which employees need to be automatically enrolled and which employees have the option to opt in. Payroll software can access employee pay and other information so as to establish who will be eligible, non eligible or entitled.
The Regulator further urges bureaus and employers to check with their payroll provider to ensure that it will correctly identify the duty you have for each employee and to see if the system will support the requirements of AE.
Increase Revenue
AE is presenting bureaus with a unique platform to increase profits. There are a huge number of small and micro employers due to stage between now and 2018. It will be important to capitalise on this window of opportunity.
By offering AE as a chargeable service, bureaus can add additional revenue streams, provide added value to existing clients and increase the possibility of bringing new clients on board. It further provides a competitive edge to you over other bureaus that refuse to provide AE as a service to their clients.
Fortunately, modern innovative solutions exist that can automate AE chores. Armed with the employer staging date, bureaus can now simply enter the date to assess each employee’s eligibility for AE at the staging date.
Good payroll software will further handle all employee AE communications based on each employee’s individual eligibility.
For example, BrightPay is an integrated payroll and AE software solution which allows you to streamline AE, saving you both time and money
With BrightPay you can benefit from unlimited employers, unlimited employees, auto enrolment functionality, and free phone and email support, all for just £199 plus vat per tax year. You can also benefit from a 60 day free trial which has no limitations to the software.
I would now like to hand you over to Rachel for a quick demo showing you just how easy auto enrolment can be with BrightPay.
In this example we are assuming that the employer (or you on their behalf) has already registered with a pension provider, in this case NEST. Registering with NEST should take only 30 minutes on average to complete.
Over to you Rachel.
Before I pass you over to Steve Pipe, if you did have any questions in relation to BrightPay and AE please type them into the chat bar now so we can get through as many questions as we can in the Q & A session.
I'm delighted to pass you over to Steve, who will present How to price so you can earn more and work less.