Jan 2021
29
For employers, managers and HR departments, the task of handling your employees’ time-off requests can often feel more complicated than it needs to be. When requests are submitted manually or when the protocol on how requests should be made is unclear, it can often lead to problems. Delays in processing, lost requests or conflict over which employee is more entitled when there are overlapping requests are just some of the headaches that employers may have to endure.
COVID-19 has created many new challenges for organisations processing their employees’ annual leave entitlements. As more people are now working remotely, it is likely that organisations’ annual leave request conventions are no longer adequate.
Although we know that it is not always possible to keep everyone happy, having a leave request system in place that is transparent, fair and convenient can make life a lot easier for employers and management, while at the same time boosting employee morale.
BrightPay Connect is an online, self-service solution that allows employees to request leave wherever or whenever suits them; be it from their desk or even in their own time through the BrightPay Connect mobile or tablet app. BrightPay Connect is an optional cloud add-on that works alongside BrightPay Payroll. Once a request for leave has been made, the relevant manager will receive a notification on their own BrightPay Connect dashboard. From the dashboard, employers can either approve or deny the leave request. Below, we’ve listed ten benefits of using BrightPay Connect to manage your staff’s annual leave.
Book an online demo today to discover more about BrightPay Connect and the many other ways it can benefit your business.
Jan 2021
26
As there was no Autumn Statement or Budget from Chancellor Rishi Sunak, the financial secretary to the Treasury, Jesse Norman announced a written ministerial statement in the House of Commons with details of the increase of the National Insurance thresholds. The 2020 Autumn Spending Review confirmed that the personal tax allowance and tax basic rate threshold would increase by 0.5%. This is based on the consumer price index.
This would mean that the personal tax allowance for 2021-22 would increase by £70 from £12,500 to £12,570 and the tax basic rate threshold for 2021-22 would increase to £37,700 from £37,500.
The annual National Insurance threshold for Small Employer’ Relief remains at £45,000.
Please see some rates details below:
Statutory Adoption Pay |
2020-21 | 2021-22 |
Earnings threshold | £120.00 | £120.00 |
Standard rate | £151.20 | £151.97 |
Statutory Maternity Pay |
2020-21 | 2021-22 |
Earnings Threshold | £120.00 | £120.00 |
Standard Rate | £151.20 | £151.97 |
Statutory Paternity Pay |
2020-21 | 2021-22 |
Earnings Threshold | £120.00 | £120.00 |
Standard Rate | £151.20 | £151.97 |
Statutory Shared Parental Pay |
2020-21 | 2021-22 |
Earnings Threshold | £120.00 | £120.00 |
Standard Rate | £151.20 | £151.97 |
Statutory Sick Pay |
2020-21 | 2021-22 |
Earnings Threshold | £120.00 | £120.00 |
Standard Rate | £95.85 | £96.35 |
Jan 2021
12
Many accountants would say that offering payroll as a service is not necessarily cost-effective and that it can be a very time-consuming process. But this doesn’t need to be the case. In this webinar, we explore various ways that accountants can automate payroll processes, and ultimately, become more profitable.
During this webinar, BrightPay will discuss the benefits of integrating your payroll and accounting software. We will also demonstrate how you can streamline the entire process from start to finish. Discover how you can free up time for you to spend on other tasks that really need your attention.
Today’s employees are accustomed to having information readily available. An employee portal can help fulfil that expectation with the added benefit of creating workflow efficiencies. The employee self-service app eliminates the burden of sending payslips, updating personal information, approving annual leave requests and answering leave balance enquiries for the payroll department.
HMRC have set out the detail of how the CJRS will operate from 1st February onwards, including a further extension to 30th April 2021. Join us on 2nd February as we recap upcoming changes to the furlough scheme 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 it prepares us for payroll in the ‘next normal’.
If 2020 has taught us anything it’s that you never know what’s around the corner. All the plans and predictions we made for this year fell through our fingers with the pandemic and global recession. Here we look at three things that are likely to happen in 2021 which those working in payroll need to keep an eye on. It’s always good to be prepared!
Jan 2021
6
I don’t know about you, but I feel like I’m Bill Murray in Groundhog Day - stuck in an endless purgatory of the same day repeating itself over and over again with no escape. Yes it’s another day, another lockdown and it feels never-ending. Unless you’ve been hiding under a rock (in which case, is there room for one more?) you’ll know that England is now in a strict national lockdown until mid-February. That means that all non-essential business, schools and universities need to close and we all have to stay at home.
What does this mean for businesses and employees now who are once again affected by this absolute fiasco? Well, it seems it’s business as usual if you will pardon the pun, as not much has changed. However, Rishi Sunk did unveil “more financial support” for businesses affected by the lockdown measures yesterday morning (note my use of inverted commas). Retail, hospitality and leisure businesses will now be able to apply for one-off grants of up to £9,000 per property.
On top of these one-off £9k grants, a further £594m discretionary fund will be made available via local authorities and devolved administrations to support other businesses outside of these sectors who have also been affected by the lockdown.
There are already existing support packages in place though. These include grants of up to £3,000 for closed businesses, 100% business rates relief for hospitality, leisure and retail, and of course, everyone’s good ol’ pal furlough. While Rishi has been very quiet on further furlough support, the current scheme is due to run until the end of April as it is so this seems the government are still optimistic that we will be out of the woods by then with the rollout of the mass vaccination programme. Remember, you can apply for furlough at any time, even if you have never claimed under the scheme before.
Along with furlough, other notable absentees from Rishi’s measures included extending the business rates holiday (which ends in April), VAT cut, or an increase in statutory sick pay, despite calls from business leaders for such moves. Even with the new £4.6bn support package, is it enough?
With Englands’s lockdown due to be reviewed on February 15th and Scotland’s at the end of January we now enter another period of stasis. We can only hope that this really is the last time we have to endure this and hope that all the hard work that has gone into keeping businesses afloat and employees on the payroll over the past 10 months has not been in vain. Stay tuned for more updates over the coming weeks. And with that, I’m off to bake my seventy-sixth loaf of banana bread and have a cry into the tea towel.