A Guide to Setting up and Running A Payroll System
- Price: £3.60
- Published: April 2016
- Type: Business Information Factsheet
- Format: PDF
A payroll system is a necessity for all employers, to ensure that employees get paid according to their contract of employment and that income tax and National Insurance Contribution (NIC) deductions are made and recorded in compliance with employers' statutory obligations.
This factsheet explains what must be considered when setting up a payroll system, the information that must be obtained from each employee and what must be done regularly to ensure that the payroll system works effectively.