Pension schemes and tax relief A pension is one of the most tax-efficient ways of saving for retirement. Pension schemes that are registered with HM Revenue & Customs (HMRC) can qualify for tax relief on: Pension contributions Investment income and gains Some lump sums paid from the scheme Contributions When you make a payment into …
Payroll Administration
Once you know you have to employ staff you will be left with a decision as to the method of administrating the payroll that best suits the organisation. The options are: Administer yourself using free software Administer yourself using commercial software Get someone else to do it via payroll bureau Free Software: The main advantage …