Will your Bank accept Std 18 files for DDs after Feb 1st?
The recent announcement by the EPC allowing a six month derogation on the use of local EFT file Formats has been followed by a press release from the Irish Payments Services Organisation – IPSO.
According to the IPSO release, they and their member Banks “continue to aim for completion of the changeover by 1st February 2014.” It’s not clear if this means that Irish Banks will or must continue to accept and process Standard 18 format files after the February 1st date.
There is very little information around on whether or not Irish Banks will continue to accept Standard 18 format […]
Budget 2014 – Employers PRSI Increase
Just a reminder that when from 1 July 2011 the lower rate of employer PRSI was halved (to 4.25%) for all jobs that pay up to €356 per week, that the rate will be restored to 8.5% from 1 January 2014.
Budget 2014 – Main Points
The main points of Budget 2014 are as follows:
Pensions, carers’ allowance, disability benefit are untouched.
Basic rate of social welfare stays the same, as does child benefit.
Maternity benefits standardised at €230 per week
Free travel, respite care grant untouched.
Telephone allowance in the household benefit package to be discontinued from January 1st.
Fuel allowance has been left untouched.
€113m to be saved by […]
Budget 2014 – It’s steady as she goes
Budget 2014 may contain many changes but from the point of view of payroll and the calculation of PAYE Tax, USC and PRSI there are none. It appears that all rates remain the same as they were in 2013.
Budget 2014 – The wait is almost over
At 2:30pm today the Minister for Finance will rise in the Dail and begin the budget speech. While many tax measures appear to have been leaked in advance such as
Increase in DIRT tax to 41%
Capital Gains Tax and Capital Aquisitions Tax to be increased
Property tax to be doubled as outlined previously
Pension tax relief for higher earnings to capped at 65,000 euro
Taxes on the “old reliables” alcohol, cigarretes and petrol expected to go […]
Ready for SEPA?
Have you decided how you are going to convert all your existing payment details for use with SEPA. This conversion has to be completed before February 1st, 2014.
DEFT from Ardbrook can handle the conversion for you. DEFT will convert Sort Codes and Account Numbers to their corresponding BICs and IBANs. DEFT can also assign a Unique Mandate Reference number to each record along with its Signature Date.
We have converted Standard 18 EMTS files to SEPA XML files for both Debit (SDD) and Credit (SCT) payments. We could do the same for you.
DEFT is […]
Local Property Tax Payroll Changes
We will be releasing an update to the EuroPayX and Payday payroll software in the next few weeks which will allow employers to comply with the changes for the collection of local property tax via the payroll.
NoSQL
As many of you will no doubt know, the NoSQL technology has been steadily gaining ground as organisations move to super fast and highly flexible technologies for their web solutions. These organisations include some huge names such as Google, Facebook, Amazon, eBay and many more.
So why do I mention this on a blog about Ardbrook Software?
Well, NoSQL is now being referred to as ‘No’ SQL and also ‘Not Only’ SQL and the MultiValue Database system we use in EuroPayX payroll, fits very nicely into the second camp. Not only do we have a flexible, scalable and fast multi-dimensional […]
Ready for SEPA?
Ardbrook’s new SEPA product, called DEFT, has produced SEPA XML files for both Debit (SDD) and Credit (SCT) transactions that have been tested and approved by the major Irish Banking groups.
DEFT is available now. To find out more contact us by email at sepa@ardbrook.ieor by phone at (01) 8382921
SEPA is Coming!
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