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.
limo prices to midway Crystal Lake west of Randal .. Lockport Chicago limo O’HareAs a home business proprietor, you may already realize why... Read More
Ask anyone trapped in a cubical about their entrepreneurial dream... Read More
As you may already know, asphalt paved parking lots do... Read More
Business card size works well for invitations to special events.What... Read More
Car Wash Crime in the Hood. Apparently not everyone is... Read More
As an entrepreneur you can learn a lot by following... Read More
The less a business pays for goods and services the... Read More
The current lack of industry leaders represents an exceptional opportunity... Read More
Tammy, a skilled and gifted horticulturist, called me to discuss... Read More
Consistency is a huge word when operating your business. I... Read More
IntroductionIt is widely recognised that Email and the Internet is... Read More
Start thinking about buying an established business if you want... Read More
Why give freebies?We have all seen freebies at trade shows... Read More
Security Professionals provide the products and services necessary to create... Read More
In the heavy equipment cleaning business you can make good... Read More
The Customer Analysis section of the business plan assesses the... Read More
I only have to point to the 555 plus failed... Read More
Your product is dying. With the same inevitability that we... Read More
The air in my client's office nearly crackled with her... Read More
The efficiency of debt collection is the difference between a... Read More
How often have you thumbed through a business opportunity magazine,... Read More
That sizzling sound you're hearing may be a symptom of... Read More
Multimedia is everywhere on the Internet, whether in the form... Read More
Top 3 Ways to Maximize Your Small Business Server Consulting... Read More
Debt collection letters--an overview"Debt collection letter" in the singular may... Read More
taxi o'hare Auburn ..The current lack of industry leaders represents an exceptional opportunity... Read More
If you run a mobile car wash, mobile fleet washing... Read More
"The way to develop self-confidence is to do the thing... Read More
The life cycle of the typical small business is short... Read More
We visited Lexus USA, home of the Lexus North America... Read More
When pressure washing heavy equipment each piece of equipment has... Read More
In the Truck Washing Business every single type of vehicle... Read More
There are many factors to be considered when you are... Read More
How far can you go based on your relationship with... Read More
A few years ago, I visited Beijing for the first... Read More
Aside from the fear of losing a spreadsheet or research... Read More
Quality control in franchising companies is paramount and all franchising... Read More
We were more than excited. Our women's doubles tennis team... Read More
If you are a motorcycle detailer and need to expand... Read More
We're birds of a feather, public relations and small business.... Read More
In the first article we mentioned the main characteristics that... Read More
Q: A friend told me that as a woman of... Read More
Ongoing support for a franchise system is omnipotent. A major... Read More
Mr/Ms, 'not me' is often on holidays in your business.... Read More
If you are a small business and qualify to participate... Read More
Work smarter, not harderWhat is one of the best ways... Read More
With all the cabinet refacing business opportunities out there, you... Read More
Take advantage of world politics today and start your own... Read More
Self-cleaning glass has been talked about a lot, with such... Read More
A Mattress Cleaning Business might be just for you if... Read More
Small Business |