workplace pension schemes uk

A Guide to the UK’s Largest Workplace Pension Scheme, Nest

Britain’s largest and publicly owned pension scheme, Nest (or National Employment Savings Trust), has become a reliable opportunity for employees who want to create pension savings for later in life.   Revealed by Nest, the pension scheme has helped early investors as much as ...
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Recruitment and Workers’ Rights in the UK After Brexit

As the Brexit transition period came to an end on 31st December 2020, new policies are impacting employers, particularly with regards to employing EU citizens from now on. In this guide we explore the changes to workplace rights that come into effect from the 1st January 2021 ...
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The Importance of Payroll Audits to Highlight Risks

If not managed correctly, for the likes of small businesses and many others, payroll can be one of the largest operational expenses when it goes wrong. To avoid payroll errors, fines, and penalties, it’s mission critical that an employer’s audits are compliant just as much as ...
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How to Process Employees Returning from Furlough in Payroll?  

As Britain reawakens from a sleepy period for businesses both domestic and international, the aftermath of Covid-19 on its economy is still finding clarity. But one certainty remains true: the workforce is returning to a new normal.   The UK Government’s job retention scheme, ...
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IRIS FMP shortlisted for two CIPP Annual Excellence Awards

We are delighted to announce that for the third consecutive year IRIS FMP has been shortlisted as finalists at the CIPP Annual Excellence Awards. We are shortlisted for two categories: Payroll service provider of the year International payroll service provider of the year Pay ...
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Chancellor Rishi Sunak reveals new Job Support Scheme

Due to the ongoing COVID-19 situation, this afternoon Chancellor Rishi Sunak has revealed that a new Job Support Scheme will begin when the current furlough scheme ends. The new scheme bears similarities to wage subsidy schemes currently used in countries such as Germany. The ...
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HMRC made a mistake

What happens if HMRC makes a mistake?

Disruptive or costly mistakes, especially to your payroll, can be all too common. Even getting the basics right – taxes, for example – is not always an easy feat. Mistakes, errors, and slips in your payroll reporting can, and likely will, be scrutinised by the watchful HM Rev ...
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digital onboarding

A Guide to Digital Employee Onboarding

The coronavirus pandemic has led to businesses all over rethinking their strategies. With the majority of staff working from home for a significant proportion of time, it became necessary to move all kinds of processes over to the digital world – and this included new employe ...
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September furlough update – more changes to be aware of

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 emplo ...
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contacting hmrc

Contacting HMRC About Tax

Getting in touch with HMRC is a task that no HR and payroll professional looks forward to. Although the HMRC goal regarding wait times to connect phone calls is just five minutes, in actual fact people have been known to wait for more than an hour. As roles in HR and payroll ...
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