You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Tel: 01270 765888 / 01349 880159 |
Employers in the Sandbach area should be aware of the legal requirements concerning payslips – here is the Bruce Marshall & Co guide to the essentials…
Most employees receive payslips and take them for granted, but what are the legal requirements?
All employees, including those working part-time and temporarily, are entitled to receive a written payslip on or before their pay day. The Employment Rights Act (ERA) sets out the required contents of a payslip:
In practice, most employers give much more information than the basic statutory requirements. For instance, it is obviously good practice to analyse gross pay to show:
It is also usual to show the period covered by the payment, and the date of payment.
You can significantly reduce queries from employees by giving basic details such as:
If you are an employer in the Sandbach area we can provide support and advice – contact Bruce Marshall & Co.
UK taxes are at a historical high, accounting for over a third of GDP at 34.4% and up almost seven percentage points from the 1950s, according to a new Institute for Fiscal Studies (IFS) report.
15 Nov 2019
Why not register to receive our monthly Newswire?
Once a month we'll send you an email packed full of essential business news and handy tax tips to help save you money.
Learn More »