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 »
Fledglings is a preschool & Day Nursery, located in South Manchester that provides a high-quality, caring, and stimulating learning environment for children under five. The nursery employs 27 staff members with varied salaries, and many team members frequently work overtime. Fledglings had been with the same payroll provider for over 20 years. However, when the… Read More »
At Cactus Payroll Solutions, we pride ourselves on our dedicated and talented team. Today, we’d like to introduce you to Paul Prior, our Chief Financial Officer, and share his journey and insights into the payroll and finance industry. 🌵How did your payroll/finance career begin?Many years ago! I qualified as an accountant in 2004 and started… Read More »
Running a business involves many complexities, and one of the most important is payroll and finance. It’s not just about numbers on a spreadsheet; it’s about fostering trust, ensuring compliance, maintaining stability, enhancing productivity, and safeguarding reputation. Here’s why accurate payroll processing is non-negotiable for a business. Employee Trust: At the heart of any successful… Read More »
April is Stress Awareness Month, a perfect time to reflect and refine processes to reduce stress. For many businesses, payroll management ranks high on the list of stress-inducing tasks. From complex calculations to ever-changing regulations, handling payroll can be a daunting task. However, at Cactus Payroll, we’re dedicated to simplifying the payroll process and providing… Read More »
At Cactus Payroll, we’re always looking for ways to show our appreciation to our valued clients. That’s why we’re thrilled to announce the launch of our brand-new Referral Reward System! We understand the power of word-of-mouth recommendations and the trust that comes with them. That’s why we want to reward you for spreading the word… Read More »
Understanding HMRC compliance is crucial for any business, as mistakes can lead to hefty fines. As a trusted payroll provider, Cactus are here to help you understand the complexities of HMRC compliance. HMRC carry out compliance checks to: Multiple things can prompt HMRC to open a compliance check, including: These are mistakes that are easy… Read More »
When you apply to university, you may not think about the fees and repayments that are involved. But it is good to stay updated with any changes to loan repayments so that you can make informed financial decisions. As of the 1st of August, students taking out a student loan will not be expected to… Read More »
Last week, the Autumn budget was released. Below are the key takeaways: If you would like to read the Autumn statement in full, click here. Stay tuned. Our blog will discuss any further updates.
Ahead of Jeremy Hunt’s Autumn Statement, it has been announced that minimum wage is set to increase to £11.44 per hour from April 2024. This is good news for full-time workers as it results in an extra £1,800 a year. Previously, the national living wage has only been for people over the age of 23,… Read More »
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