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Payroll

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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 »

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 »

Case Study: Fledglings Preschool & Day Nursery

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 »

Meet Paul Prior, Our Chief Financial Officer!

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 »

Why Accurate Payroll Processing is Crucial 

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 »

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