HM Revenue & Customs is stepping up its fight against pension scams by tightening the regulations that effect pension scheme administrators. The measures, which were announced by George Osborne in last year’s budget are to be introduced in April. A HMRC statement said “scheme administrators themselves will be required to provide HMRC with additional information … Continued

A payroll officer is a key position within the payroll department of any company, and generally speaking is responsible for ensuring all staff are paid on time and accurately. In essence, their responsibilities mean they are integral to the overall happiness of employees. They therefore have a significant impact on the competitiveness of a business. … Continued

A report by the Confederation of British Industry (CBI) has revealed half of UK firms are optimistic about the coming year and are looking at expanding their workforce during 2015. When asked, 28% of firms said they are planning an increase in permanent staff and 16% said they would be increasing temporary staffing levels during … Continued

Research by NGA Human Resources, a leading provider of global HR solutions, has revealed payroll in the UK to be one of the least complex payroll frameworks to administrate when compared to other countries across the globe. It was also suggested that UK businesses need to have an intricate understanding of local payroll management and … Continued

A Survey by Hay Group has found 50% of employers are concerned about their employees being unable to afford retirement. Auto-enrolment education was also highlighted as an area for improvement, as only 27% of employers said the communications their staff received was to a standard considered to be “excellent”. The research was compiled from the … Continued

If you have experience working within payroll departments, you may desire to progress into a position where you lead a team, either as a payroll supervisor or manager. We have assisted ambitious candidates in finding the right role for over 20 years and using our experience, Portfolio Payroll are able to show you how to … Continued

At its annual conference The Confederation of British Industry (CBI) called for a cut to employee National Insurance (NI) contributions and an increase in free childcare, in a bid to boost living standards. Their report, A better off Britain, makes the case for a reduction in employee NI contributions by raising the payment threshold from … Continued

A report from Barclays suggests the amount retirees need to earn each year to secure a “relatively modest but comfortable” retirement is now £17,500. The report Steps Towards a Living Pension introduces the idea of a living pension, which is similar to the UK living wage in that it looks at the income-level required to … Continued

The Association of Tax Technicians (ATT) is calling for a review of the Real Time Information (RTI) system after a series of problems. In a press release, the ATT cited the incident in April when HMRC collected the wrong amount of tax from 5 million people. The failings were compounded in October, when it was … Continued