Who is Responsible for Unpaid Payroll Taxes?
FMP Global | Payroll Outsourcing
by MRS Digital
3y ago
Who is Responsible for Unpaid Payroll Taxes in the UK? An employer is both responsible and obligated to withhold deductions for PAYE from its employees’ wages on behalf of HM Revenue and Customs (HMRC) as part of its payroll. Amongst these deductions are tax and National Insurance, including pensions payments or any repayable loans (including student loans). In order to deliver a smooth, compliant payroll operation, employers will need to complete certain tasks for every tax month. Calculating deductions, producing payslips, and paying the HMRC – these are all time-sensitive tasks that must b ..read more
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September furlough update – more changes to be aware of
FMP Global | Payroll Outsourcing
by Jocelyn Levy
3y ago
September is here and on top of a change of seasons we are also seeing a change to the Government’s Job Retention Scheme. Support offered to furloughed employees by the Government will drop from 80% of wages up to £2,500 per month, to 70% up to £2,187.50 per month, with employers required to top up the extra 10%. On top of this, employers must continue to payroll National Insurance and Pension contributions for all furloughed employees. This is following Chancellor Rishi Sunak stating that the scheme will not be extended, and that businesses should prepare for this by making monthly changes as ..read more
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Payroll Queries – Who Do I Talk To?
FMP Global | Payroll Outsourcing
by Gary Webb
4y ago
When payday comes around, there are employees all over the world who have questions and concerns about their pay packet. Whether they were expecting more or less, seemingly incorrect or unanticipated amounts can lead to severe anxiety – especially if they are not sure who to turn to. Knowing where to start with payroll questions The issues start with how key payroll or other important information is relayed around your business. Is payroll included in the induction for new starters? All too often the payroll induction is just a form received among a handful of others, on day one of your new j ..read more
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Equal Pay Day – How it looks around the UK
FMP Global | Payroll Outsourcing
by Charlotte Schroeter
4y ago
Today is Equal Pay Day, the day that symbolises how far into the year women must work to earn what men earned in the previous year. The day originated in 1996 as a public awareness event to highlight the gap between men’s and women’s wages. Our recent International Women’s Day blog illustrates gender equality in the world place around the world, and now we’re focussing in more on the pay gap. In the UK, companies that employ over 250 people must report on their gender pay gap. This has been compulsory since 2017, however this year, with the Covid-19 global pandemic, the government announced l ..read more
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Can A NCVO Trusted Supplier Help Prevent Charity Fraud?
FMP Global | Payroll Outsourcing
by Charlotte Schroeter
4y ago
It’s a new year, a new decade, and another year that FMP Global will continue to be a Trusted Supplier to the NCVO and the charity sector. FMP is proudly displaying the new NCVO logo for 2020 having been a Trusted Supplier for many years. It’s very important that a trusted provider conducts your payroll in order to avoid mistakes such as common errors and fraud. The charity sector has suffered from high levels of fraud recently, as reported by the government in December 2019. Facts about fraud Charities were being targeted by fraudsters who were impersonating members of staff and attempting t ..read more
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Proven Innovation Secures a 3rd PAS Accreditation
FMP Global | Payroll Outsourcing
by Gary Webb
4y ago
In an ever-changing payroll world PAS accreditation is critical to mitigate risk to your payroll. The creation of innovation and delivery of customer excellence through professionally trained staff, are key to delivering an efficient, compliant payroll. The Chartered Institute of Payroll Professionals (CIPP) are in complete agreement. And, FMP’s outsourced payroll services team secured PAS accreditation for the third time! PAS – The Flagship audit solution The Payroll Assurance Scheme (PAS), is the gold standard for processes and people from the CIPP. The scheme is the only voluntary accredit ..read more
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5 Reward nominations crown a superb year at FMP
FMP Global | Payroll Outsourcing
by Gary Webb
4y ago
FMP Global has stolen 5 reward nominations for The Rewards, the flagship awards event that evolved from the Payroll World Awards. FMP Global is led by CEO Justin Cottrell, a winner of the  ‘Best Leader’ award category in previous years. The event still has payroll still at the heart of the event. However, payroll now covers a widening remit to now include HR, reward, pensions and employee benefits.  The Rewards now reflects that widening remit. Each of the awards categories independently judged. The event, now in its 9th year, has become one of the most distinguished events in the payroll cal ..read more
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Do you want to reduce the workload at your school?
FMP Global | Payroll Outsourcing
by Jocelyn Levy
4y ago
If you work in a school or Academy, chances are you’ve just had the quickest 6 weeks of your year. The Summer holidays have flown by and it’s nearly time to start talking about the C word. But there’s still lots to get done between now and then, even more so now that workload in the education profession is such a hot topic. The workload of teachers, headteachers and ALL school staff is often in the spotlight these days. And the consequence of an overly heavy workload is not just being busy…according to an Ofsted report, “Work overload has been associated with aspects of burnout such as exhaus ..read more
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It’s time to Love Payroll this September
FMP Global | Payroll Outsourcing
by Gary Webb
4y ago
It’s an opportunity to love payroll teams across the globe. The National Payroll Week in both the UK and in the US.  Gary Webb, from FMP Global, comments on this year’s global festivities. People may wonder what all the excitement is about. I felt the same when I first entered the payroll industry some five years ago. Most people don’t give much of a thought to payroll. I just looked at my payslip at the end of the month, or cheekily I left looking at it till later when I felt I was flush that month. It didn’t cross my mind to give a thought to those people who put it all together. Was it fin ..read more
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6 of The Most Common Payroll Mistakes Small Businesses Make
FMP Global | Payroll Outsourcing
by Chloe Walton
5y ago
  In any company paying your staff correctly and on time is very important and those in charge of this process have a tremendous responsibility on their hands. Particularly for smaller businesses, payroll can be tricky, with limited resources and expertise. Making mistakes in your payroll can lead to fines and bad press for a company, so you must be aware of what can go wrong and how to avoid it.   Data inaccuracies One of the most common payroll mistakes is inaccurate data. It is usually down to human error or not updating information in a timely or effective way.  The HMRC requires all U ..read more
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