In recent years, Aberdeen, the energy industry's European capital, has had a growing international focus with more and more local companies assigning employees to work overseas. Before venturing into these new locations, most will have looked into the commercial aspects of working there but often the payroll implications are either not considered at all or are left to the last minute. Unexpected costs can then arise, such as double taxation, double PAYE and double National Insurance which can adversely impact on what appeared to be profitable contract at the outset.

Do you look forward to the ongoing task of preparing and processing your payroll? Are the following examples of the problem areas you regularly encounter?...

 

Employers increasingly have to balance a number of criteria in order to be compliant while meeting the needs and expectations of their workforce. In the energy industry workers are located both in the UK and internationally....

With the end of the tax year only a couple of months away we are reminded that payroll departments are likely to soon start planning their year end PAYE and P11D submissions. It is worth bearing in mind that for the unwary there are plenty of pitfalls out there to wander into, particularly now that penalties for late submissions and errors are automatic.

In the current economic downturn, this is a time when streamlining your back-office is more important than ever. A time for focusing on what you’re good at, your core business and strengthening customer relationships. Being customer-focused is being process focused and they are two sides of the same coin. Get the back office right and the rest will follow.

We are here to help and can relieve some of the pressure by deploying suitably experienced, qualified staff, quickly, to meet your needs.