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PayFit
Occupational Sick Pay (OSP) - a guide for UK employers
Occupational leave is a complicated subject in the UK. Get answers to your statutory sick pay (SSP) and occupational sick pay (OSP) questions here.
PayFit Launches AI-Powered Interactive Payslip | PayFit
PayFit unveils interactive payslip solution: 500+ payroll line variations explained with AI. Help employees understand their pay, case by case.
PayFit & the End of the Tax Year
Looking for a better way to manage all those year-end payroll tasks? Find out exactly how PayFit helps with end-of-tax-year submissions.
New Tax Year: Be Prepared!
Before you know it, we’ll be knee-deep in P60s and P11Ds. With so much to do, it’s important to know the key dates for your year-end tasks.
Ideas To Improve Your Payroll Process
Payroll process in need of an upgrade? Improve your payroll process with these 9 payroll improvement ideas and transform the way you run payroll.
Unleashing the power of quality of hire
In the battle for great talent, finding the right metrics to ensure Talent Acquisition rightly contributes to these efforts is critical.
Autumn Statement 2023 | What it Means for Business
Another year gone by means it’s time for the 2023 Autumn Statement for the UK economy. Here’s what the Chancellor announced for businesses.
How to Choose a Payroll Provider
Changing your payroll set-up is a big decision. To simplify things, we've written this short piece on how to choose a payroll provider based on four factors.
Equality Act 2010 Summary | What It Means For You | PayFit
In this post we summarise the Equality Act 2010 - what it means for your business, what your legal obligations are and positive actions you can take.
End Of Tax Year 2022/2023 | Six Key Changes For 23/24
With the new tax year fast approaching, we want to help you get all your ducks in a row. Here are the six legislation changes to be aware of.
2023 Budget | What it Means for Business
We look at six ways the 2023 budget affects employers and businesses, from a new annual pension allowance to improved childcare measures.
Stakeholder Buy-In | Get Buy-In From Stakeholders
It's challenging getting the green light for new software from your bosses. Get stakeholder buy-in more quickly and easily with this guide.
Payroll for Business Process Improvement
Learn why payroll is an essential piece of the business process improvement puzzle and why you should own it rather than outsource it.
New Feature | Performance Management Module
We have launched a performance management feature, designed to help empower your teams to grow and develop with an intuitive, easy-to-use module.
Payroll Outsourcing Vs Inhouse | The Pros & Cons | PayFit
We look at the pros and cons of payroll outsourcing vs doing it in-house, as well as the alternative, more hybrid focused, solution presented by PayFit.
Using Data To Reduce Gender Pay Gaps | PayFit
Reducing gender pay gaps within your business is key. Here, our partner, pihr, shows how data can help businesses get the insight needed to do so.
VAT Registration | A Guide For Small Businesses | PayFit
In this guide we’ll answer common questions about VAT registration, including information on VAT thresholds, numbers, voluntary registration and more.
Retained Earnings | Retained Earnings Formula | PayFit
We explain what retained earnings are and what they can tell you about your business. Read on to find out what the formula is for retained earnings.
Tax Year End | Is Your Payroll Function Fit For Purpose?
It’s essential to have a fighting fit payroll function in place ahead of tax year end. See how your business weighs up with our latest guide.
Income Tax Brackets | A Guide To UK Income Tax
Read PayFit's guide to tax codes, brackets, rates, and more, designed to help businesses and employees better understand income tax.
Employee Turnover Calculation | PayFit
Employee turnover measures how many people leave your business during a given period of time. Discover the employee turnover calculation and how to manage turnover as a business.
Payroll collaboration: new HR and finance approach
A fresh approach to payroll will enable better HR & finance collaboration, along with better employee relationships. Find out how here.
Bank Reconciliation for Small Business
Bank reconciliation is when you compare your monthly bank statement with your internal accounting number. PayFit breaks down how to conduct one.
Human Resource Management Systems Explained
Find out what a human resource management system is and how it can help businesses manage their human resources more efficiently and effectively.
5 Reasons for Tracking Payroll Data
Tracking payroll data with payroll software can help your organisation grow. It saves you time and money while helping you retain the best employees.
Work-From-Home Tax Relief 2022/23 for Employers
Got employees who’ve yet to claim working-from-home expenses? They can still do so until 2025 and 2026. We cover all the latest on WFH tax relief.
Common Payroll Mistakes & How To Fix Them | PayFit
From incorrect tax codes to missed deadlines, payroll mistakes can cost your business. Read what to be aware of and how to avoid errors here.
How to Fix (And Avoid) Payroll Errors
Mistakes happen - we’re only human. But when mistakes happen in payroll, they can damage your relationship with employees. Here’s how to manage payroll errors.
Closing the tech gap: how business advisors can help
Our business advisor friends share what accountants and HR consultants can do to help clients close the tech gap. Here’s a full recap of our latest webinar.
When to Bring Payroll In-House
When is the right time to bring your payroll in-house? We explore when and why you should consider switching to an in-house payroll provider.
Autumn Statement 2022: impact on payroll for UK SMEs
The 2022 Autumn Statement brought major UK tax changes. Discover key announcements on National Insurance, PAYE, corporation tax and what they meant for SMEs.
Payroll Can Improve the Employee Experience, Here’s How
How does payroll affect employee experience? It can cause employees stress and affect your future hiring strategies. Learn more in this blog.
The Mini Budget U-Turn Explained
The latest payroll legislation changes explained after the failed Mini Budget is replaced with the Medium Term Fiscal Plan. Here's what you need to know.
Gender Pay Gap Report: 2021/2022 Results
The results are in! We break down some of the results published by the government and explore what this means for gender pay equality in the UK workplace.
PayFit now integrates with Leapsome
Our latest integration with Leapsome makes managing employee enablement in tandem with payroll a cinch - here’s why your employees will love it.
HMRC fines in the UK: penalties & how to avoid them
Don't let HMRC fines hurt your UK business. Understand penalties for late accounts, tax returns and VAT submissions, plus how to stay compliant in 2026.
How HR and Finance Teams Can Work Together
Two heads are better than one. Here are three ways Finance and HR teams can collaborate to improve ROI, employee retention and compensation strategy, and more.
5 Payroll KPIs and Metrics to Track
When it comes to tracking payroll metrics, which ones should you focus on? We discuss the top 5 payroll metrics that reveal the most about your business.
Mini Budget 2022: Key Announcements
We round up the most important announcements made for businesses during the Mini Budget and what this means for your payroll.
Consequences Of Payroll Errors
Payroll errors, both small and large, can have a major impact on your staff and your business. Read about the consequences of payroll errors here.
An In-Depth Guide to Payroll and SaaS Integrations
What are SaaS integrations? PayFit takes an in-depth look at what software integrations and why they're so valuable to payroll.
How to improve your onboarding experience with automation
Automation is a wonderful thing, it can streamline menial tasks and improve your onboarding experience. Find out how.
Employer Payment Summary (EPS) - A Guide For Businesses
An Employer Payment Summary is one of the submissions to complete as part of RTI (real-time information). Read our handy guide to EPS here.
What is a Payroll System, and How Does it Work?
All employers must follow a process to ensure their employees are paid correctly and on time. And that's where a payroll system comes into play. Learn more.
PayFit's Most Popular Features
It’s time for another roundup of PayFit’s most popular features! Find out which features our customers can't live without when running payroll.
Total Rewards Strategy for Scaling Businesses
Top insights from our latest webinar with BambooHR, all about nailing your rewards strategy from aligning with company goals and OKRs to stakeholder buy-in.
Carer’s Leave - How Will the New Entitlement Work?
HMRC recently opened a consultation on carer’s leave entitlements in the UK. We cover the latest guidance published to tell you what we know so far.
HR Automation Benefits | HR Software ROI
Struggling to measure your HR ROI? In this blog, we’re exploring HR automation benefits and how you can measure the ROI of your HR tech stack. Read on.
Workforce Planning & Employee Experiences
When payroll and HR work in lockstep, exceptional things happen. We recap everything we shared during our latest webinar with our modern HRIS partner, HiBob.
Five key points to ensure successful 1:1 meetings
In this article, we look at five key points that managers may wish to consider and explain how PayFit can help support the success and effectiveness of these weekly meetings.
Creating a compensation and benefits strategy
It is now more important than ever for HR teams to build an effective compensation and benefits strategy to motivate their workforce and attract new talent. How to implement an effective and well-balanced compensation and benefits strategy.
Combatting gender inequality in the workplace
The latest global equality rankings have seen the UK fall six places to 21st. So how can companies close the gap?
Apprenticeship levy: why UK firms returned their funding
Back in 2017, the apprenticeship levy system was introduced to improve the availability of apprenticeships. As the national apprenticeship week begins we thought we would go over everything you need to know about it.
How to identify the right payroll software for your business
It can be challenging to identify the right payroll software for your business, so we thought a guide to finding the right one would help. Payroll software varies in price, and free HMRC software is available, but it’s important to have software that can grow along with the business. This article will go over the main points to look out for and what questions to ask.
Everything you need to know about apprenticeships
To celebrate the start of National Apprenticeship Week, we thought we'd take a look at the rules and regulations surrounding apprentices.
Factors Impacting Pension Contributions
Workplace pensions can be tricky to navigate as many rules and regulations need following. What factors could impact an employee’s pension contributions?
The UK tax year — is it about to change?
The Office of Tax Simplification (OTS) will undertake a "high-level exploration and analysis" of the associated implications of moving the tax year for individuals this summer. But the could the tax year really move?
Salary sacrifice pension contributions
Salary Sacrifice Pension Contributions are an effective way for employees and employers to save money towards their retirement. Here we look at what it is, how it works and the potential upsides and downsides of this innovative scheme.
Global Mobility and tax implications
Remote working is the new normal in a post-pandemic world. Global mobility is a complex process, made more complicated when we talk about how it affects tax. In this article, we talk about how it affects tax and what the options are for employers and employees.
Accountant-run payroll — why it needs to change
Although some accounting firms may have a payroll department, it is not always an area where accountants hold a great deal of expertise.
The Deliveroo ruling — why was it different to Uber’s?
On 24 June, the Court of Appeal ruled that Deliveroo riders were to be deemed self-employed. In this article we look at the Deliveroo ruling and explain why it was different from Uber's.
Apprenticeship incentive payments
Incentive payments for hiring new apprentices have increased. Employers will now receive £3,000 for apprentices of all ages who join their organisation between certain dates.
Veteran NIC Relief in 2022: how to claim it?
Armed forces veterans make for great hires which is why the government introduced veteran NIC relief. PayFit takes you through what the NIC relief is for veterans and how to claim it in 2022.
Tax and NI relief on home-office expenses extension
The temporary exemption of Income Tax and National Insurance Contributions (NICs) for home-office expenses has been extended until the end of the 2021/22 tax year.
Employee benefits: how it works
Employee benefits are an excellent way of attracting talent and retaining staff. But what are the rules and regulations in place around them?
Transparency between payroll providers & clients: a guide
In this short piece, we look at why transparency is so important when it comes to payroll and explain how we at PayFit have helped create a transparency tool to support customers.
Uber ruling and its impact on payroll
In this article, we tackle the subject of employment status, the importance of the Uber ruling, what its impact will be and how companies can avoid problems in the future.
Over and underpayments — all you need to know
Over and underpayments can have serious consequences for both employers and employees. In this article, we look at the leading causes, impact, law and regulations, and how they can be avoided.
The Budget: six important announcements
With the help of PayFit's payroll expert, we've highlighted six of the most important announcements from the Budget.
Health and Social Care Levy: what changes mean?
The government has announced a £12bn annual tax rise to fund England’s health and social care with a new tax: the Health and Social Care Levy. Here, we explain what these changes mean for employers and employees going forward.
Bank holidays in UK for 2021
While coronavirus restrictions may make holidaying in 2021 seem like a distant dream, it is always worth knowing on which days the UK's bank holidays will be taking place.
Global Mobility what's it all about?
Employees are getting used to their new routine and show little sign of returning to the daily city commute, some companies have even allowed their employees to work from anywhere in the world! What do you need to know before offering global mobility?
PAYE forms: P45s, P60s & P11Ds
PAYE forms are as important to employers as they are to individual employees, yet very few understand what they are and, more importantly, what they are used for.
Everything you need to know about Christmas payroll
December is here, and the festive season is just around the corner. It’s a busy month for most, and many companies choose to run their payroll a little early. So what are the main points to consider when you run payroll early this December?
Remodelling company culture post-coronavirus
With the majority of people having to work remotely, many organisations have been redefining their company culture and looking at ways of adapting it to work in a post-coronavirus world. Discover how in our latest article.
Employee wellbeing pre and post-pandemic
Employee wellbeing is always an important topic for HR managers. But how have organisations adapted to meet the conditions imposed by the pandemic?
How to master financial data in a startup
Are you a startup founder struggling to make and head or tail of your financial data? Well, fret not! We have it all covered in this short article.
HR trends pre and post-pandemic
The coronavirus pandemic has completely changed our working habits – but how have HR departments adapted to the challenges that have risen?
Payroll and GDPR compliance
In this article, we run through the basics of GDPR and explain how companies can ensure that their payroll processes are GDPR compliant.
Coronavirus: how has holiday entitlement been affected?
How has holiday entitlement been affected by coronavirus and what rights do employers and employees have?
Payslip of the Future
Everybody loves payday. Seeing your bank balance topped up and knowing that there's money to burn. It's a good feeling, right? But what about the payslip itself? Could that offer more? Well, we at PayFit think it can!
Learning and development post-coronavirus
The coronavirus pandemic has accelerated the need for digital transformation and encouraged HR teams to explore new and more innovative procedures. Find out why.
The role of HR in employees' financial wellbeing
Over three-quarters of UK employees say that financial concerns impact their performance at work. This staggering statistic shows that there is a lot of work to be done to help ensure people are financially literate. But what can employers do?
Do I need payroll software for my business?
Identify the signs indicating you may need to make a change and discover the benefits you could enjoy when you find the right payroll software for your business.
The importance of good cash management
Startups often struggle to get their cash management procedures in place. In this article, Dan Hully, co-founder & CEO of Quantico, discusses the measures that can be put in place.
Salaries during and after coronavirus
With businesses struggling to survive the pandemic, many have found new and novel ways of rewarding employees. But what is the future of salary and rewards post-pandemic?
Recruitment during and after the pandemic
Despite the significant job losses that have occurred as a result of the pandemic, some organisations have continued to recruit. Discover how they've adapted their recruitment processes and hear from an industry expert on the future of recruitment post-pandemic.
Managing Millennials
Millennials account for an estimated 50% of the current workforce and by 2025 this figure is predicted to increase to 75%. So how should they be managed effectively?
Young managers: the rise of under-30s in UK leadership
Young managers are reshaping UK leadership. Whether you're an under-30 manager or hiring one, learn challenges, opportunities and best practices for 2026.
Five things you should know about your pension
While retirement may seem like a distant thought, understanding your pension rights is still important.
Management styles: David Brent vs Sir Alex Ferguson
As part of our series of articles relating to management, we thought it would be fun to take a look at two of the UK’s most infamous managers; David Brent and Sir Alex Ferguson.
Employee appreciation: why recognition should be year-round
Today marks Employee Appreciation Day. But should employees and their achievements be celebrated just once a year?
To manage or not to manage? That is the question…
In the first of a series of articles into management, we look at horizontal rather than vertical career progression.
