Behind the scenes: how our payroll experts protect your business Our Joint Head of Payroll, Danielle Molyneux, outlines the pitfalls of old-fashioned payroll methods – and how Champion’s innovative service helps you avoid them. Payroll mistakes can trigger a chain reaction: HMRC fines, the cost and time
Read more →Payroll is often dismissed as an “administrative task”, but errors in this area can be anything but minor. From costly fines and lost profits to a breakdown in employee trust and culture, mistakes in payroll can have lasting consequences for both staff and the business. At Champion,
Read more →Making clunky, time-consuming payroll processes a thing of the past, business advisory and accountancy group, Champion Accountants, has launched a fully digitalised payroll service. Leveraging world-leading payroll technology, Champion’s innovative new service combines the efficiency of user-friendly payroll platform BrightPay with the reliability of the payment portal
Read more →If you’re a business owner, then you know that pennies make pounds, and you’ll be fully aware of how important it is to take advantage of reliefs and savings to help make your cashflow work. One handy source of yearly tax relief – which may or may
Read more →Every decision you make for your business has wide-reaching implications, from the impact of any associated cost, placing time demands on an already busy team, to the efficiency and quality of your output. Making the decision to change your payroll process requires careful consideration. There will be
Read more →Back in March, we explained the impending changes to National Insurance (NI) Contributions, and what the Health & Social Care Levy means for you. Since then, the Chancellor has delivered his Spring Statement with a few additional changes to NI and Employment Allowance that will impact your
Read more →From 6th April 2022, employees and employers alike will be subject to an increase in National Insurance Contributions from 12% to 13.25%. In September last year, the government announced the changes – titled the Health & Social Care Levy – as a means of raising £36billion in
Read more →Businesses that fail to comply with auto-enrolment rules could be caught out as The Pensions Regulator (TPR) continues its campaign of spot-checks this summer. New rates for auto-enrolment came into force in April this year, meaning that businesses must ensure that a total minimum contribution of 8%
Read more →From 6th April 2019, the total minimum contribution for auto-enrolment is increasing to 8%. Employers will need to make sure that they contribute at least 3% of qualifying earnings (up from 2%), with employees paying in the remaining 5% (previously 3%). As an employer, it is your
Read more →Phillip Hammond set out his first Budget as Chancellor with the declaration that he was preparing the UK for a ‘new relationship with the European Union (EU) and a new Future outside of the EU’. He took the opportunity, as many of his predecessors have, to take
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