Category: <span>Payroll</span>

More than 500,000 UK Companies in Significant Financial Distress

509,000 UK companies are in significant financial distress—the highest number ever measured. The coronavirus lockdown has seen the largest quarterly increase in the number of businesses in significant distress since the end of 2017, growing by 15,000 companies. This figure is expected to increase throughout Q2 as COVID-19 restrictions continue. The number of critically distressed…




Benefits of outsourcing your payroll to an accountant

Running payroll can be a complicated and time-consuming job, but it is nonetheless a very important part of operating a successful business. Your employees depend on you running a regular, reliable and accurate payroll for them to meet their financial commitments. Making errors with your payroll can be costly. Not only is it highly unprofessional,…




Common Payroll Mistakes

Payroll mistakes are not only embarrassing for bosses, they can also be demoralising for staff and cost a lot of money. Only last year payroll mistakes cost businesses £700 million which says something about how common mistakes are. So in no particular order here are some of the most common payroll mistakes made by businesses…