Payroll furlough tools added to FreeAgent and Xero

The UK’s Coronavirus Job Retention Schemes provides a lifeline for businesses struggling to come to terms with the pandemic.

Eligible employees can be ‘furloughed’ and the government will pay 80% of their pay, up to £2,500 per month. Employers can also top this pay up to 100% if they wish.

You can find out more details about the scheme on the government website.

To make it easier for businesses to access this scheme, Xero and FreeAgent have added new tools to their payroll systems.

4Dm1n | 5 March 2015
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Xero have launched a new payroll solution available now for tax year 2015/2016. Key Features: £2,000 Employers NIC benefit. Electronic Payments. Annual Leave/Public Holidays.

Print or Email P45s?
Editor | 28 October 2015
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Payroll (and in particular the issuing of P45’s, P60’s etc.) are one of the major dislikes of business owners who run their own small or medium sized business.
Clients often ask their accountants “Why do we need to print out P45’s for leavers. Why can’t we simply email them?”
And the answer used to be that we agree it doesn’t make sense but HMRC say you have to print them (and there were even rules on the type of paper you had to use!).