Auto-enrolment is a government-led program that automatically enrols eligible employees into a workplace pension scheme, ensuring they save for retirement. Employees contribute to the scheme, and their employers match these contributions, with the government providing additional top-ups. The new scheme, called MyFuture Fund, will launch in September 2025. The government aims to simplify the retirement savings process and increase participation … Read More
Important Update: Bank of Ireland SEPA Credit Transfer Issues
On March 1st, Bank of Ireland (BOI) implemented an update that is causing SEPA credit transfers to fail when sent to payees with non-BOI bank accounts. We have been advised that the issue has been resolved as of 5th of March 2025. What’s Happening? Why Is This an Issue? BICs were removed as a mandatory requirement for EEA transfers in … Read More
Company Vehicles Benefit in Kind (BIK)2025
As we navigate 2025, it’s crucial for both employers and employees to stay informed about the latest Benefit in Kind (BIK) regulations concerning company vehicles. The government has implemented several changes aimed at promoting environmental sustainability and ensuring equitable taxation. 🔹 Key Changes Effective from 2025: 🔹 Implications: 💡 Planning Ahead: For detailed information and specific calculations, refer to the … Read More
January 2025 Newsletter
Happy New Year to all our users,We hope you had a wonderful Christmas and are looking forward to what 2025 has in store. To help you start the year smoothly, we’ve already downloaded the 2025 RPN’s and prepared the 2025 calendars for you. While the calendars seamlessly carry over from 2024, we encourage you to take a moment to review … Read More
December 2024 Newsletter
Hello Everyone, As the year comes to a close, we’d like to take a moment to thank you for your continued support throughout 2024. We look forward to supporting your payroll needs in 2025. With many of you preparing for some well-deserved time off this week, we’ve highlighted a few key items you may have questions about. 2025 RPN’s & … Read More
Preparing For 2025
Build And Check Your 2025 Payroll Calendars The Revenue published the employee 2025 RPNs’ (employee tax certificates) on the 1st of December 2024. The 2025 payroll calendars can now be created by clicking the “build 2025” button within the pay run. If you don’t choose to create the calendar in advance it will build automatically on the 1st January 2025. … Read More
2024 November Newsletter
Hello Everyone, We hope this Parolla November newsletter finds you well. As we approach the end of the year, we aim to keep you informed with regular updates and news tailored to your daily work. Here are a few highlights we think you’ll find valuable. End of Year Reviews In the next 10 days we will run a Revenue Review for 2024 … Read More
What is Pay Streaming? An Overview for Employers in Ireland
Pay streaming is a payroll practice where an employer divides an employee’s income into smaller, more frequent payments using third-party services, rather than issuing a single lump-sum payment. While this approach has benefits for employees who prefer regular cash flow, it comes with specific obligations for employers in Ireland that differ from practices in other countries. This blog will outline … Read More
Understanding Cloud Payroll: Benefits and Features for Businesses
Cloud payroll refers to a payroll processing system such as Parolla that operates over the internet.
Single Sign-on with “Sign in with Microsoft”
Parolla now supports “Sign in with Microsoft“. This service provides users with a fast and secure login option using their Microsoft account credentials. On the login page, users can click the “Sign in with Microsoft” icon, which redirects them to Microsoft’s login page to verify their identity, ensuring a seamless and streamlined authentication experience. Key Aspects of “Sign in with … Read More