Feb 2018
22
Getting Ready for PAYE Modernisation
January 2019 will see the introduction of PAYE Modernisation - the most significant reform of the Irish PAYE system since its introduction in 1960. This new system will mean that employees’ pay and deductions will need to be reported to Revenue in real time.
PAYE Modernisation will be operational for all employee payments being made from 1st January 2019 and will make it easier for Revenue, employers and employees to ensure that the right tax is deducted and paid at the right time.
As a result, employers and payroll bureaus will need to review their current business processes and practices in order for the new requirements to be met.
Free PAYE Modernisation Webinars
To help with the rollout of PAYE Modernisation, BrightPay by Thesaurus Software have teamed up with Revenue to bring you free online training webinars. These webinars are designed for employers and payroll bureaus to discuss what PAYE Modernisation will mean for your business and to help you prepare for the transition to the new system.
Our next PAYE Modernisation webinars take place in March and are free to attend. Guest speakers include Sinead Sweeney (Revenue) and Sandra Clarke (Irish Tax Institute).
- 27th March @ 11.00 am
Employer Webinar: Are you ready for PAYE Modernisation?
Find out more | Register here - 28th March @ 11.00 am
Payroll Bureaus: Getting ready for PAYE Modernisation (CPD Accredited)
Find out more | Register here
If you are unable to attend the webinar at the specified time, simply register and we will send you the recording afterwards.
Sign up to BrightPay’s newsletter
GDPR is changing how we communicate with you. After May 2018, we will not be able to email you about webinar events, special offers, legislation changes, other group products and payroll related news without you subscribing to our newsletter. You will be able to unsubscribe at anytime. Don’t miss out - sign up to our newsletter today!
Feb 2018
13
Free Webinar: Irish Employment Law Overview
As busy employers it can be difficult to keep up-to-date with the constant changes in employment law.
Bright Contracts by Thesaurus Software is hosting a free employment law webinar on Thursday 22nd February. Our employment law experts will discuss what is new in employment law, recent Workplace Relations Commission cases and have a look at the most frequently asked questions that come through our support line.
Agenda:
- Employment Law - What’s new?
- Recent WRC cases
- FAQs from our support line
- Bright Contracts: A simple solution
Places are limited - book your place now!!
If you are unable to attend the webinar at the specified time, simply register and we will send you the recording afterwards.
Newsletter - Are you missing out?
GDPR is changing how we communicate with you. After May 2018, we will not be able to email you about webinar events, special offers or other news without you subscribing to our newsletter. Don’t miss out - sign up to our newsletter today!
Feb 2018
6
The benefits of offering cloud payroll services
Accounting firms and payroll bureaus are increasingly moving into the cloud to offer clients a more flexible and streamlined payroll and HR service. Many believe that payroll isn’t a profitable service due to the complexity of the work, the manual administrative time required and the increasing number of mistakes when it comes to recording employee leave.
The actual process of running payroll is straightforward enough due to easy to use features in your payroll software. But what about the administrative payroll and HR related tasks such as processing & sending payslips, managing & recording employee leave, retrieving lost payslips, backing up your payroll data, sending payroll reports to clients and updating employee records? All of these tasks can take a considerable amount of managerial time to process and correct especially where errors have occurred.
The payroll landscape is changing and many payroll bureaus are offering clients a higher level of cloud HR functionality that automates otherwise time consuming tasks. Online access to payroll information for your clients and their employees offers significant benefits for today's bureau which can streamline many workforce management tasks.
Cloud Backup
Storing payroll information and data protection continues to be a challenge for payroll bureaus. With a cloud backup tool you will never lose your payroll data again. You don’t need to worry about backing up your payroll data. Where your payroll software is integrated with the cloud, your payroll data can be synchronised to the cloud whilst maintaining a chronological history of your backups. You can restore or download any of the backups to your PC at any time.
Eliminate Paper & Postage Processing
The concept of paper payslips that need to be downloaded and emailed or printed and enveloped and then posted is an outdated process. More and more employees want their payslips to be accessible and securely stored online. Payslips and other payroll related documents such as P60s, P45s and employment contracts can be easily accessible on an employee self-service online portal. With the cloud, payroll bureaus can avoid spending time printing, emailing and resending lost documents to employees. An online employee self-service option allows employees to view current and historic payslips and access all employee HR documents.
24/7 Online Accessibility
A cloud client and employee dashboard provides 24/7 flexibility and control of payroll information. Clients can access all employees’ payslips, payroll reports, amounts due to Revenue, employee contact details and can even approve annual leave requests. Employees can access their self-service portal on their computer or via their smartphones to view and access payslips and easily submit holiday requests.
Increased Bureau Productivity
Cloud functionality allows for many payroll related tasks to be synchronized with your payroll software. Payroll bureaus radically save time as they no longer need to send payslips to employees, send payroll reports to clients, resend lost payslips, look up holiday leave remaining for employees or manually process and record employee leave on the payroll software.
Annual Leave Management Tool
Annual leave requests can be approved in the cloud where clients can view a company-wide online calendar to easily approve leave while managing staff availability for their business. Employees can benefit as a cloud portal will calculate accurate leave balances in real time. HR managers or supervisors can be given access to approve holiday requests, without having access to view the payroll information.
Full integration with payroll software
Payroll software systems that offer full integration with the cloud is a must. Integrated payroll and cloud systems enables users to share and synchronise payroll data in real time. An online dashboard can link to clients payroll data that is saved on your payroll software ensuring all information is current and correct.
Embrace cloud payroll functionality
Using the cloud to automate many daily payroll and HR related tasks will improve efficiencies for payroll bureaus, employers/clients and their employees. BrightPay Connect is one such cloud solution that fully integrates with BrightPay Payroll offering:
- Cloud backup
- Bureau / client online dashboard
- Online payroll reporting
- Employee self-service
- Online leave management
- Safely store HR documents online
- Update employee details
- Affordability with discounts for multiple purchases
- Easy of Use
Book a demo to see how BrightPay Connect can improve your payroll service and improve your profits.
Related guides
Benefits of BrightPay Connect for Bureaus
What's New in BrightPay 2018?
PAYE Modernisation - Are You Ready For January 2019?
Feb 2018
5
PAYE Modernisation - Why it’s the SMART choice.
The current PAYE system is changing. The new system will be known as ‘PAYE Modernisation’. This change will be the biggest to hit PAYE since it was introduced almost 60 years ago. PAYE Modernisation will affect every business across the country. Instead of submitting an annual P35, employers will now have to calculate and report their employee’s pay and deductions as they are being paid.
PAYE Modernisation will no doubt be a huge change for employers but ultimately, employers will see a benefit from the change. Here are some of the key benefits employers can expect to see from PAYE Modernisation -
- Seamless integration into payroll.
- Minimize employer cost to comply.
- Abolition of P30s, P45s, P60s and end of year returns.
- Right tax paid on current due dates.
- Time savings.
We already have the relevant experience to ensure that PAYE Modernisation will be a seamless process for employers. In our BrightPay UK payroll software, we implemented what’s called RTI or Real Time Information which is a similar concept to PAYE Modernisation. Book a demo today to see what PAYE Modernisation will look like on your payroll software.
Related articles:
PAYE Modernisation - Are you ready?
Revenue moves to PAYE Modernisation/ Real Time Reporting
New Automatic Enrolment pension system to be in place by 2021
The objective of PAYE Modernisation
Thesaurus Payroll Software | BrightPay Payroll Software
Feb 2018
5
BrightPay Customer Update - February 2018
PAYE Modernisation is coming…. Are you ready?
The Irish PAYE system is currently undergoing a massive overhaul, with new changes being implemented from 1st January 2019. This is called PAYE Modernisation. The existing system was introduced nearly 60 years ago and so this update is long overdue. What do you need to do to prepare for this new system?
Employer Webinar (27th March) | Bureau Webinar (28th March)
Increase to Minimum Wage from January 2018
The National Minimum Wage for an experienced adult worker has now increased to €9.55 per hour from January 1st 2018. This is the third year in a row that the National Minimum Wage has been increased but this is by far the largest with an increase of .30c.
Is it discrimination to top up Maternity Benefit but not Paternity Benefit?
September 2016 saw the introduction of Paternity Leave, that for the first time ever allowed fathers/partners to take two weeks paid leave on the birth of a child/placement of a child for adoption. The question then arose that if by topping up Maternity Benefit, would an employer by default have to top up Paternity Benefit?
Read full article | What is Bright Contracts?
Keep your payroll data secure with BrightPay Connect
With BrightPay Connect, you don't need to worry about manually backing up your payroll data. The add-on will automatically and securely backup your payroll information each pay period ensuring that you never lose your payroll data. This also protects the payroll data against ransomware and similar threats.
Introducing…. New Features for BrightPay 2018
BrightPay 2018 is now available to download with a number of exciting new features. This year, we have introduced a payroll journal export to accounting packages, including nominal ledger mappings to Sage, Xero and Quickbooks.
Automatic Enrolment - Mandatory Pension Reform for Ireland
The Irish Government aims to bring in an automatic enrolment system where all employers would enrol their employees into a workplace pension scheme. All employers are likely to have certain mandatory duties to complete, including choosing a suitable pension scheme, informing employees about their rights and making an employer contribution to each employee’s pension pot.
Free Webinar: GDPR for Payroll Bureaus
The countdown is on!! The General Data Protection Regulation (GDPR) comes into effect on 25th May 2018, however this date is a deadline as opposed to a starting point. With hefty non-compliance fines, it is important to make sure you are prepared. Register now for our free, CPD accredited webinar which takes place on 8th March.
BrightPay Newsletter - Are you missing out?
GDPR is changing how we communicate with you. After May 2018, we will not be able to email you about webinar events, special offers or other news without you subscribing to our newsletter. Don’t miss out - sign up to the BrightPay newsletter today!
