While 66% of SMEs throughout the country are “short on detail” on the PAYE system overhaul due to come into effect on January 1, 2019, 40% say they are “not at all prepared” for the changes necessary to their payroll systems in advance of the deadline. These were the findings of the latest Big Red Cloud…
Our feature last month was about PAYE Modernisation, the real-time world payroll reporting that employers will change over to, commencing January 1, 2019. Since then, we have received a number of payroll-related questions, particularly from start-ups. Payroll is a complex accounting function. There are so many changes to the legislation on a year on year…
PAYE Modernisation is coming and it will affect every employer in the country. It will come into effect on January 1, 2019, and is the most significant reform of the PAYE system. In a nutshell, Revenue is introducing real world reporting, which means that Revenue, employers and employees will have the most accurate, up-to-date information relating…