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
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
Budget 2025 – Key Changes for Payroll
Budget 2025 has been viewed as a bumper budget, but what impact is it likely to have on employers and their employees? Below, we will outline the key changes for Payroll. Standard Rate Tax Bands The standard rate tax band (SRCOP) which is currently set at 20% will increase by €2000 to €44,000 meaning that employees can earn more at … Read More
SEPA Credit Transfer Changes 2025: What Parolla Customers Need to Know
As part of our commitment to keeping you informed about important regulatory changes, we want to bring to your attention a key update that will impact transactions across Europe starting in 2025. The SEPA (Single Euro Payments Area) Credit Transfer (SCT) file format is undergoing a significant upgrade that will affect how businesses process payments. What Is SEPA Credit Transfer? … Read More
Unscheduled database downtime 9:30 am, 26th July 2024
We experienced unscheduled database downtime from 9:30 am to 1:30 pm on Friday the 26th of July. The issue was caused by a incorrectly configured database update. The database was restored from backups generated at 9 am of the same morning. Data missing between 9 am and 9:30 am was re-populated from live session logs.
Preparing For 2024
Build And Check Your 2024 Payroll Calendars The Revenue published the employee 2024 RPNs’ (employee tax certificates) on the 8th of December 2023. The 2024 calendars can now be created by clicking the “build 2024” button within the payrun. If you don’t choose to create the calendar in advance it will build automatically on the 1st January 202. Verify that … Read More
Preparing for 2024’s Enhanced Reporting Requirements
A comprehensive guide by Parolla Introduction: As we approach January 2024, the implementation of Enhanced Reporting Requirements (ERR) is imminent, marking a significant shift in how employers report expenses. Parolla is at the forefront, offering an integrated software solution to streamline this process. Here’s everything you need to know to stay compliant and efficient. Understanding Enhanced Reporting Requirements: The ERR … Read More
Statutory Sick Pay (SSP) in Ireland
Introduction Starting 1st January 2023, Ireland has introduced a mandatory sick pay for employees, known as the Statutory Sick Pay (SSP). This guide outlines everything employers and employees need to know about this new legal requirement. What is Statutory Sick Pay (SSP)? SSP is the legally mandated minimum sick pay that employers must provide. This entitlement will gradually increase over … Read More
Parolla Plugins is Xero’s Preferred Partner
It’s been a big start to 2023 for us. Parolla Plugins is Xero’s preferred partner in Ireland! The partnership allows Xero customers to make use of our Parolla Plugins web application free of charge, with Xero picking up the tab. So what does Parolla Plugins do, and how does it help Xero customers? Parolla Plugins is an updated version of … Read More
Tips & Gratuities
The introduction of the Payment of Wages (Amendment) (Tips & Gratuities) Act 2022 is intended to bring clarity to the definition and treatment of tips, gratuities, and service charges. In particular, how these relate to employee pay. It came into effect on 1st December 2022. The introduction has more of an impact on some industries than others; hospitality, taxi services, … Read More
Employee Self Service Portal
The Employee Self-Service portal is an innovative tool for easy employee access to their personal payroll data, anytime they want to. The ESS portal puts the employee in the driving seat and reduces the amount of input required by the employer. Using this time-saving tool helps reduce or even eliminate the need to reply to many employee queries. It can also make … Read More
Changes to Company Vehicle BIK for 2023
Update For 7th March 2023! A temporary 2023 change has been introduced for relief on OMV and the upper mileage band. These changes have been incorporated in the Parolla calculation process as of 8th March. 1st of January 2023 will see changes to company vehicle Benefit in Kind (BIK) calculations. These changes affect cars, vans and electric vehicles. Company Cars … Read More
Great Support Feedback
We built a word cloud image from all the great support feedback received via our chat system over the past few years. I particularly liked that ‘Kind’ came up as a frequent word. It has been a lot of fun looking into the image for some of the less frequent, but supportive comments left for us. We use SalesIQ from … Read More
How a Learning Management System Helps New Employees Learn Payroll Processes
A learning management system helps make payroll processes easier by educating new hires on filing payroll on time & accurately, saving you time & money.
Advanced Payments and Tax Implications in 2024
How to account for paid-in-advance holiday pay that spans two tax years.