What is Auto-Enrolment/ My Future Fund?

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

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

Beginners Guide to Payroll in Ireland

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

Preparing For 2024

new year fireworks

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

Enhanced Revenue Reporting

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