One of the best ways to keep overheads down in the early days of running a business is to work from home. But did you know you can save some more money by claiming tax relief? It’s true! HMRC allow you to claim tax relief for home expenses if you…
What is Managed Payroll? At KashFlow, we recently launched Managed Payroll – which is our name for an outsourced payroll service. In this blog, we’ll take a look at what outsourcing actually is and why it could be a massive benefit for your business. What is outsourcing? Outsourcing is defined…
In this release, we have added the ability to run payrolls for GP practices. You will need to purchase a GP Licence to enable this new content. Please contact our Sales team on 0344 815 5660 for more information. We have added new functionality in other areas, which we will…
It is the employee who must contact the pension provider to inform them they wish to opt-out and get an “opt-out notice“. This opt-out notice will then be passed to the company for action in payroll, either via the employee or directly from the provider. The following contains more detailed information from…
In order to restore the period, you will need to go to “Payroll“| “Payslips and periods“|”Finalised Periods” Click on the most recent Payroll run and click “Restore“. You will need to tick the box to confirm you want to restore and then click “Restore“. If you need to restore back…
Sole traders and partnerships who use HMRC’s “simplified expense” method must log all the trips they make for work and claim back the mileage from their business. The amount they can claim back is variable depending on the number of miles they travel in the Tax Year. We understand that keeping…
We’ve partnered with GoCardless to help our customers get paid on time by adopting Direct Debits. But is this the right payment collection method for your business? This blog looks at the advantages of using Direct Debit payments, and some of the background into setting one up. Why choose Direct…