Ok, so next to the taxman, your company payroll department might well be the most criticised people on the planet. Of course, when your pay is accurate and on time then you love the payroll people with a passion but when things go wrong it is a completely different matter. Rightly or not the payroll professionals come in for an awful lot of abuse if your pay is not perfect.
I have had experience of working in a payroll department, in fact, I WAS the payroll department so I am going to put forward a few ways that you can help your payroll department perform their job more efficiently and process all the money that you are due correctly. Yes, it is largely up to you I am afraid!
Your payroll department is only able to work with the information that you give it so it is important that you provide them with everything they need. I don't mean handing in your expense forms the day after they are due either. It is your responsibility to send your payroll department everything that you are claiming for in good time for them to process it.
If you live in a country where you have a tax code that may be open to change due to your circumstances, your payroll department can't be expected to be psychic, even if you wish they were. For example, in England, if you have not submitted your previous tax form when you start with a new company then the payroll department is obliged to set your tax deduction rate at the basic rate. This is a lot higher than your tax code is likely to be but it is the only course of action that they can take. So, when your pay is processed you may find that you have a lot more tax deducted than you should have. This is down to you and means that you have to wait until the end of the tax year to claim back your overpayment form the local tax office, not your payroll department.
Of course, not every country works the same way but they do have similar policies when it comes to claiming work related expenses. If you do not send in your claims in a timely and accurate manner your payroll department is not going to be able to reimburse you for the amount you have paid out.
Payroll departments are usually extremely busy around pay day because of the volume of last minute submissions for expenses and other additions to your pay. They are only human and mistakes are not always avoided due to the high pressure they are under.
At the end of the day, your payroll department IS only human. You need to do your part to help them perform their tax deducted efficiently. The larger the company that you work for, the more that liasing with your payroll department becomes a necessity. Next time you look at the amount of pay that you have received and start to complain about it being less than it should be, think long and hard about whether it is the payroll department's fault or yours. Chances are, it is the latter!
This article was written by May Bowden of tax deducted. With her previous knowledge in payroll, she can help give you information relating to any of your payroll needs. Be sure to contact her if you have any questions.
limousine Ackley .. Lockport Chicago limo O’HareMany years ago, I had warned the carwash industry of... Read More
The resume writing service serves an important role in the... Read More
You're pretty proud of yourself! After all, only four months... Read More
Sometimes the simple businesses are the ones, which make good... Read More
Franchising has made the world look really small. The well... Read More
In today's fast paced marketplace it is easy to neglect... Read More
You've always liked flowers and you think the idea of... Read More
Starting and managing a small business is no fun chore,... Read More
Starting the blind cleaning business is one of the best... Read More
You can provide affordable health care plans to your employees.... Read More
Why should you describe your business to others in 5... Read More
How to do itPeople skim through newspapers and magazines and... Read More
What will your business look like a year from today?If... Read More
KEEPING INTEREST HIGH: Supervision is key to the success of... Read More
Continuing from the second article:6. About the aground mathematical model,... Read More
If you are in the pressure washing business and are... Read More
The home-based business market, sometimes called the SOHO (small-office/home-office) market,... Read More
Never underestimate the power of perception! Perception plays a major... Read More
I have a confession to make. My name is Caroline... Read More
The success of your business is critically dependent on how... Read More
One of the biggest fears people have about starting a... Read More
Business checks are available in many styles and varieties. They... Read More
Auto detailers are often asked to clean boats and detail... Read More
Researching information for a recent business plan, I came across... Read More
Whether it has been thrust upon you by external market... Read More
shuttle from O'Hare Alexander ..What will your business look like a year from today?If... Read More
Car wash businesses are unique to other businesses. In fact... Read More
Many small businesses do quite well due to the blood,... Read More
In today's economic climate, the first priority for the small... Read More
I believe the number one reason why a business will... Read More
Most pressure washing companies never look into some of the... Read More
Where do you look for the appropriate alliance?One of the... Read More
Do You Really Need a Toll-Free Number for Your Business?... Read More
No, I'm not talking about gambling or dairy cows ?... Read More
Anyone who is serious about washing aircraft as a full... Read More
If you plan to upgrade your workshop into an Authorized... Read More
Marketing is one of the four corner-posts of a solid... Read More
Microfiber cleaning towels have been around for about ten years... Read More
"Order Now!" "Your Business Will Fail If You Don't Have... Read More
Many companies wish to expand and a few wish to... Read More
Every business starts with an idea or a dream. To... Read More
There is a rather famous true story called "Acres of... Read More
Running a small business requires many skills. However, to do... Read More
Sacred cows take a long time to die. We get... Read More
One of the biggest excuses franchisees of home based and... Read More
When deciding to host a fundraiser for your company or... Read More
If you've been thinking about starting a business, but are... Read More
Every company has a value proposition. That is a statement... Read More
Until the day I learned to play chess I loved... Read More
Most smart entrepreneurs and all large corporations have Employee Relations... Read More
Small Business |