Universal Social Charge
As we await Budget 2011 on December 7, I want to take a look at one of the changes announced by Brian Lenihan in his budget speech for Budget 2010, the creation of the Universal Social Charge. Originally this was to “replace employee PRSI, the Health Levy and the Income Levy”, however this is now unlikely given the time constraints and it will simply combine the Health and Income Levies. I think it is fairly safe to assume that the Universal Social Charge will operate as a “super” Income Levy, that is with new increased rates and adjusted bands. PRSI will be as before but less the Health […]
How to Process Disabilty Benefit
To handle Disability Benefit for Irish payroll when the employer pays the employee and the employee gives the cheque(s) to the employer.
N.B. Social Welfare payments are not subject to Income Levy
The Payroll Administrator need to set up three new pay elements:
Disability Addition Taxable – Gross Addition, subject to Tax but not PRSI
Disability Deduction Taxable – Gross Deduction , subject to Tax and PRSI
Disability Addition Net – Net Addition, subject to neither Tax nor PRSI
First Six Weeks or 39 Working Days:
Salary / Basic paid as normal
Amount of Disability cheque entered as a Gross Deduction
Amount of Disability cheque entered as a Net Addition
Result: […]
EuroPayX – View Past Employee Payroll Record
You can display an employee’s record for any past period by clicking on the calendar tab on the employee window and then double-click on the date required, EuroPayX will then work out the payroll period for that date and then display a copy of the employee record for that period.
EuroPayX – Did you know about Diary Events
You can create a diary event in EuroPayX to remind you when to perform a desired action, so that for example you can enter the date on which an employee is due to return from maternity or paternal leave and the event will appear on the system when processing the payroll for that period. To create a diary event use the employee screen, call up the record for the employee to which the event applies and then click on the diary tab. Enter the date on which the reminder is required, EuroPayX will work out the payroll period and […]
You can NEVER have too many Back-ups
Remember to back-up” is the sort of advice that’s taken for granted like “remember to wash behind your ears” and “don’t feed the monkeys”. It’s easily given and just as easily shrugged off. “Whatthehell, it won’t happen to me”. Really? You’ve never had to search for a phone number or address, or re-construct a document that should have been there? At a low level, it’s annoying and wastes time. A worst case scenario may lose you a job or a business. Let me give a few facts and figures.
• 31% of PC users have lost all their data […]
ATTENTION, PayCE users!
Do you know that Ardbrook provide Irish payroll systems suitable for any size of enterprise? If you are comfortable and happy with PayCE, why not use one of our payrolls?
PayDay and EuroPay Xtra incorporate full compliance with all aspects of PAYE and PRSI and they are rapidly updated to take into account budgetary and legislative changes. You can have an unlimited number of employees, departments, cost centres etc. In the multi-company versions you can have an unlimited number of companies. Fixed, variable and memo pay elements are catered for and the payroll for any period can […]
It’s official Budget adjustments of €6bn
The Government announced today it plans to take measures totalling €6bn in December’s Budget. Finance Minister Brian Lenihan has stated that €4.5bn of the €6bn will be in the form of expenditure cuts, the remaining €1.5bn will be in the form of increased taxes. However the details of these measures, of most interest from a payroll point of view will have to wait until budget day, so watch this space!
EuroPayX Employee Self Service Demo now online
EuroPayX Employee Self Service (ESS) is a convenient, secure and user-friendly web based application that provides employees with access to their personal and payroll details. ESS allows employees to change their own address, contact details and bank account details. ESS provides details of payslips, both current and historical. ESS can operate using an employers’ intranet or via a web ASP service.
The principal advantage for employers providing ESS is that it is a more efficient means of collecting changes to employees’ details and distributing payroll related details to employees. This is particularly true for organizations dispersed over a number […]
Attention Payroll Users!
Do you use Ardbrook’s PayCE software for your direct debits and credits? If not, why not? PayCE, which allows you to credit/debit electronically, works very comfortably in tandem with other software systems. PayCE is compatible with all the banks – most of whom use it themselves.
This totally automated payment process virtually eliminates administration,postage, stationery and printing costs. The system painlessly takes care of fees, memberships, leases, loans, rentals, insurance payments etc. etc.
PayCE includes a database holding all sort codes for all banks in the Republic of Ireland (ROI) plus a database holding all sort […]
Biggest Budget Correction in History of State
It has been reported that Minister Brian Lenihan will be announcing later today that the total correction required for Budget 2011 will be nearly doubled to between €5.5bn and €6bn, when only a few months ago the goverment was projecting a figure of €3bn, this is the largest budget correction in the history of the State. Full details will be announced in two weeks in the four year budgetary plan, followed by the budget on December 7.