A quick guide to calculating labour turnover
28th Feb '24
It’s rare that we’re asked if our software can do something and the answer is ‘no’. But one of those things is daily payroll.
When it comes to doing PAYE daily, it’s tricky as it’s not something HMRC recognises.
A number of our customers that need this manage to get it to work using a combination of payment advances and other trickery.
But for CIS, there’s no reason why a daily payrun can’t be used – so we’ve added support for it.
This now joins our list of other CIS payroll features and the umbrella functionality we added recently.
Pricing is based on the number of payments made to CIS Subcontractors each month, so you are only charged for what you use.
It’s intuitive enough to use – simple set the pay frequency for your CIS Subcontractors to ‘Daily’. Everything else works as expected.
Do get in touch if you’re an existing customer needing help switching to this or if you’re not yet working with us but want to learn more.
Other CIS Features
- Auto CIS 300 filing
- Auto distribution of Payment And Deduction Statements
- Support for VAT
- Umbrella Calulations
- Automatic Verifications
- HMRC Recognised
Related Articles
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2nd May '23
