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
Beginners Guide to Payroll in Ireland
Setting up a company Payroll in Ireland for the first time? First of all, CONGRATULATIONS! It’s a huge accomplishment to reach the point where you can offer payment to others, and it’s worth celebrating. For those new to payroll, it can feel overwhelming, so we’ve put together some simple steps to help guide you through the process. Setting up a … Read More
Revenue Payroll Notification Update
The Revenue Payroll Notification is where Revenue publish the tax details for an employee. This blog posts covers some of the changes in this revenue payroll notification update. The RPN’s used to be called a P2C files, or employee tax certificates. They are possibly the most important piece of information that we download from Revenue. Each Employment of an individual … Read More
Switching Payroll Systems
Under the new PAYE Modernisation system in 2019 it is now much simpler for people when switching payroll systems during the year. That is because each month is treated as its own mini end of year return. The pay run submissions now contain all the information required. Previously, the full picture was only given to Revenue in the end of … Read More
Revenue Hot Topics
Did you know that Revenue have a web page devoted to keeping you updated on common 2019 PAYE modernisation issues called Revenue Hot Topics? Search for the page here At the moment it covers issues such as: Duplicate Employments, reasons they may have been created and how to clean them up. Reasons why users may experience difficulties accessing ROS Reasons … Read More
PAYE Modernisation – One month on
PAYE Modernisation arrived with great anticipation on the 1st January 2019. It’s been a busy month but an exciting one for us here at Parolla. As with any new system which effects so many people it has not been without its challenges. However, issues have been limited and considering the enormity of the project the Revenue should be commended for … Read More