Once again, predictions that managed payroll services will become more complicated have been proved correct by the recent June budget.
As from April of 2011 there will be changes to the thresholds for tax credits for families, as well as changes in withdrawal rates and the amount of pay rises that can be ignored for the purpose of entitlement calculation. Changes continue forward to April 2012 as well, so there is no let up in ensuring that you are keeping up with the changes. Another area that is in the grip of change is the age of pension entitlement and this will have repercussions for all employers.
Here at Dataplan Payroll, keeping up is what we do on a daily basis. Our payroll processing services are honed to track and keep in touch with all the legislative and regulatory changes, whether they come in a budget or as an executive change.
As a specialist in payroll services, the statutory requirements that can seem so impenetrable to employers and owners of small and medium sized businesses are our bread and butter. We plan to work with you for the long term so that the service can grow to meet all your expectations so that you have the satisfaction of being able to thoroughly trust in our payroll services.
With your payroll services under control, you have the benefit of time to concentrate on the first purpose of your business and designing your strategy for development or expansion with the confident knowledge that your payroll is managed efficiently and accurately.