Choosing the Right Payroll Provider: Key Factors to Consider
Switching payroll providers is a significant decision that can significantly impact your business operations. Whether you’re looking to streamline processes, improve compliance, or save costs, choosing the right payroll provider is essential. But how do you know which provider is the best fit for your needs? Here’s a comprehensive guide to help you make an… Read More »
New Year, New hires?
The start of a new year often brings fresh opportunities – and fresh faces to your team. Hiring new employees is an exciting milestone for any business, but it also comes with its challenges, especially when it comes to setting up payroll. If you’re feeling a little overwhelmed, don’t worry! We’re here to guide you… Read More »
Autumn Budget 2024: Key Highlights for Businesses
Yesterday, The Autumn Budget was announced. It outlines significant tax changes and incentives aimed at businesses and workers. Here’s a breakdown of the top announcements affecting UK businesses. National Insurance Increase: Employers’ National Insurance contributions will rise by 1.2% to 15%. Additionally, the Secondary Threshold will be reduced from £9,100 to £5,000, meaning employers will… Read More »
Returning to Payroll After Maternity Leave: A Fresh Perspective from Our Head of Payroll
Returning to work after maternity leave is often a blend of excitement, adjustment, and fresh perspective. Our Head of Payroll shares her experience of transitioning back to work after a year focused on family. As she dives back into the world of payroll, she reflects on the challenges of balancing work and home, the joy… Read More »
AI and Payroll: What You Need to Know
There’s no disputing that AI is revolutionising industries, and payroll is no exception. Businesses increasingly embrace AI for their payroll functions to save time, improve efficiency, and reduce the need for large in-house payroll teams. While AI offers several benefits, it’s essential to understand its advantages and disadvantages. How Businesses Are Using AI in Payroll… Read More »
Beginner’s Guide to Payroll
Managing payroll can seem daunting, especially if you’re a small or new business owner. But with the right approach and support, you can handle payroll with confidence and accuracy. This guide will break down the very basics of payroll management, offering tips to help you stay compliant and pay your employees on time. What is… Read More »
Cactus Payroll Sponsors a Hole at the Hive 365 Charity Golf Day
At Cactus Payroll, we were proud to sponsor a hole at the recent Hive 365 Charity Golf Day, a fantastic event dedicated to raising money for PAPYRUS, a charity focused on preventing young suicide. PAPYRUS plays a vital role in providing support and resources to those in need, working tirelessly to create a brighter future… Read More »
Celebrating National Payroll Week
It’s National Payroll Week! Since 1998, the first week of September has been designated as National Payroll Week – a time to shine a spotlight on the payroll industry’s crucial role in the UK. This week is all about acknowledging the dedication, expertise, and hard work of payroll professionals who work tirelessly behind the scenes… Read More »
Why Small Businesses Should Outsource Their Payroll
As a small business owner, handling payroll in-house can be a time-consuming and complex task. Here’s why outsourcing your payroll could be a game-changer for your business: 1. Time Savings Managing payroll involves more than just issuing payslips. It includes calculating deductions, managing tax withholdings, and keeping up with changing regulations. By outsourcing, you free… Read More »
Navigating Payroll Changes: What Labour’s Election Victory Means for You
Labour’s recent landslide victory means significant changes that payroll professionals must be prepared for. As these new policies are rolled out, Cactus Payroll is here to support you through each transition. Here’s a breakdown of the key areas affected and how you can stay informed and compliant. The Living WageOne of the most notable changes… Read More »
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