Outsourcing payroll is where you use a payroll service bureau like GroForth to manage your payroll process for you. Many businesses outsource payroll to save time and achieve reliable continuity of service. Outsourcing can help you save money as by eliminating the need to have an in-house payroll administrator.

The main advantage is that outsourcing saves you time which gives you more scope to focus on running your business. Other advantages include:

• Compliance: Payroll regulations are changing constantly— GroForth keeps up to date which gives you peace of mind that your payroll will be managed correctly.
• Timeliness: No more stress about remembering deadlines—we work with you to ensure your employees are paid correctly and on time.
• Expertise: Our IPASS accredited team provides advice and assistance for you and your employees on all aspects of payroll.
• Convenience: We can run payrolls to a schedule that suits your business, and provide secure payslips via email or online self-service.
• Consistency: Our IPASS qualified payroll professionals ensure your payroll is run correctly and on time, regardless of staff sickness/holidays.

The best way is to ask a properly qualified payroll professional to review your payroll process and recommend any necessary changes. If you would like GroForth to review your payroll, please contact us for details of our payroll review service.

If you are not familiar with the PAYE system and the various rules and regulations that apply when paying your employees,  calculating which tax, PRSI, pension, health and other deductions apply can be time consuming and stressful. For peace of mind, it is a good idea to get a qualified payroll professional to check your payroll process and recommend any necessary changes. If you would like GroForth to help, please contact us for details of our payroll review service.

The best way to check active employments and reallocate tax credits is through Revenue’s MyAccount service. If an employee is unable to create or login to their MyAccount, the employee helpline phone number for Revenue is: 01 7383636. When contacting Revenue, employees need their PPS number and their employer’s PAYE registration number.

A benefit-in-kind (BIK) is a non-cash benefit (such as a company car or subsidised accommodation) that you provide to an employee. You must deduct PAYE tax, PRSI, and USC from your employee’s pay on the value of any BIK. There are complex rules around the taxation of BIK with different rules for different types of benefit. More information can be found on the Revenue website.

All employees have a basic annual leave entitlement of 4 weeks. For permanent employees with set hours, annual leave is relatively straightforward to calculate and apply. However, if your employee is on a temporary contract or works variable hours, the calculation is more complex. Information can be found here. Holiday pay should be paid at the employee’s normal rate of pay. Most employees are also entitled to paid leave on public holidays. Instead of giving employees a paid day off you can instead give an extra day of annual leave in lieu, or an additional day’s pay.