How Do I Process Expenses Through Payroll?
(When “We’ll Just Reimburse You” Suddenly Means More Than Coffee) Expenses — the category that gives accountants a mild panic and employees a hopeful glance at their inbox.Whether it’s travel, subsistence, mobile phones, or “I needed this for work” claims — it all needs doing properly. Because “I paid for parking” doesn’t always mean “no […]
How Do I Handle Benefits in Kind (Company Cars, Medical Insurance, etc.)?
(Or: The Wonderful World Where Perks Meet Tax… Yay.) Benefits in kind — or BiKs, as HMRC calls them when they want to sound cool — are one of those payroll topics that seem glamorous.Company cars! Private medical! Gym memberships!But behind every shiny perk lies a spreadsheet whispering,“Someone needs to tax this…” Let’s break down exactly how benefits […]
How Do I Calculate Overtime?
(Yes, Even When Dave’s Timesheet Looks Like Hieroglyphics) Ah, overtime — the place where maths meets chaos.It starts off simple enough: someone works extra hours, so you pay them more. Lovely. Except overtime is never just “a few extra hours,” is it?It’s: But don’t panic — overtime is absolutely manageable once you understand the basics.(And have a good payroll […]
How Are Bonuses and Commissions Taxed?
(Or: Why Your Bonus Never Feels Quite as Big as You Expected…) Ah, bonuses and commissions — the glittering unicorns of payroll.You see the number, you get excited, you mentally spend it three times over… and then the payslip arrives. Suddenly your glorious £2,000 bonus has transformed into something that looks suspiciously like £1,200 and […]
What’s the Difference Between Statutory and Contractual Pay?
(Or: Why One Is the Legal Minimum and the Other Is the Nice-To-Have) Ah, payroll terminology — where two phrases sound almost identical but mean completely different things.Enter: statutory pay and contractual pay. If you’ve ever had an employee, ask, “Which one do I get?” while you attempt to smile calmly and not mutter, “Well, that depends on […]