Read our Guide to Successful PAYE Modernisation

Follow this link Guide to Successful PAYE Modernisation to find the ten key steps that need to be taken to ensure Successful PAYE Modernisation implementation. Successful PAYE Modernisation requires each employer to take certain steps every time they Pay Employees Take on a New Hire An employee leaves the organisation Revenue need to be notified whenever any of the above events occur. Employers also need to contact Revenue in advance of each Payroll Calculation to validate that the Employer is using the latest and correct details for Credits and Allowances for each Employee. Employees should be asked to confirm […]
By |October 22nd, 2018|Ardbrook, PAYE, PAYE Modernisation, Payroll|Comments Off on Read our Guide to Successful PAYE Modernisation

How might PAYE Modernisation affect you? Are you planning for it yet?

There are lots of views as to the potential impact coming down the track from Revenue’s planned PAYE Modernisation initiative. This article from today’s Irish Times provides insight into the views of various businesses – big and small. It might prompt you to think about some of the possible implications for you. Let us know what you think. Leave a comment or email us at info@ardbrook.ie PAYE Modernisation will improve payroll processing for your Organisation PAYE Modernisation will definitely cause payroll processing problems for your organisation PAYE Modernisation will make no difference to your Organisation
By |April 4th, 2017|EuroPayX, Irish Payroll, P30, P35, P45, PayDay, PAYE, Revenue|Comments Off on How might PAYE Modernisation affect you? Are you planning for it yet?

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.
By |October 30th, 2013|Budget 2014, EuroPayX, Irish Payroll, PayDay, PAYE, Payroll, PRSI|Comments Off on Budget 2014 – Employers PRSI Increase

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 […]
By |October 30th, 2013|Budget 2014, EuroPayX, Irish Payroll, PayDay, PAYE, Payroll|Comments Off on Budget 2014 – Main Points

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.
By |October 30th, 2013|Budget 2014, EuroPayX, Irish Payroll, PAYE, Payroll, PRSI|Comments Off on Budget 2014 – It’s steady as she goes

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 […]
By |October 30th, 2013|Budget 2014, EuroPayX, PayDay, PAYE, Payroll|Comments Off on Budget 2014 – The wait is almost over

Irish Payroll (A History of PAYE)

Pay As You Earn (PAYE) is the name given to the income tax system for employees in Ireland and was introduced on 6 October, 1960.The evolution of PAYE over the past 50 years is also the history of Irish payroll systems from paper to computers. Devised by Sir Paul Chambers, PAYE was introduced into the UK in 1944 following trials in 1940 and 1941. The financial strain that the Second World War placed upon the UK meant that it needed to collect more tax from more people. PAYE in Ireland applies to earnings of all kinds arising from employment, including […]
By |July 8th, 2011|PAYE|Comments Off on Irish Payroll (A History of PAYE)

Budget 2011 will not be brought forward

Taoiseach Brian Cowen stated last night that the budget will not be held earlier than planned. The €15bn euro deficit reduction plan will be unveiled this afternoon. It has been reported in the irish press that included in the four-year plan will be an increase in  the marginal rate of tax to 42 per cent or higher tax credits being reduced and tax bands being widened a cut to the minimum wage from €8.65 an hour to €7.65 introduction of a “local services” charge cuts to the social welfare budget of €2.5bn over the four years
By |November 24th, 2010|Budget 2011, PAYE, Tax|Comments Off on Budget 2011 will not be brought forward

Will you have a Week 53 this year?

Simply put if your payroll date falls on Friday the 31st December 2010 then you will have a week 53 payroll period, otherwise no. In a week 53 situation the payroll period must be run individually and cannot be part of a two week calculation for holiday shutdown as week 53 is run on week one calculation basis and not a cumulative basis. As a result, the employee will get the benefit of more than the year’s total tax credits and standard rate cut-off point
By |November 24th, 2010|Irish Payroll, PAYE, Week 53|Comments Off on Will you have a Week 53 this year?

Reduced frequency of tax returns and payments

Reductions in the frequency of PAYE/PRSI and VAT tax returns and payments for smaller businesses will again be extended to eligible businesses from 1 January 2011. Similar arrangements in respect of RCT will also become available from that date. Businesses making total annual VAT payments of less than €3,000 are eligible to file VAT returns and make their payments on a 6 monthly basis; Businesses making total annual VAT payments of between €3,000 and €14,400 are eligible to file VAT returns and make their payments on a 4 monthly basis; Businesses making total annual PAYE/PRSI payments of up to […]
By |November 23rd, 2010|Income Levy, PAYE, PRSI, Revenue, VAT|Comments Off on Reduced frequency of tax returns and payments