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Employers in the Burgess Hill area should be aware of the legal requirements concerning payslips – here is the Peter Lawson & Co guide to the essentials…
Most employees receive payslips and take them for granted, but what are the legal requirements?
All employees, including those working part-time and temporarily, are entitled to receive a written payslip on or before their pay day. The Employment Rights Act (ERA) sets out the required contents of a payslip:
In practice, most employers give much more information than the basic statutory requirements. For instance, it is obviously good practice to analyse gross pay to show:
It is also usual to show the period covered by the payment, and the date of payment.
You can significantly reduce queries from employees by giving basic details such as:
If you are an employer in the Burgess Hill area we can provide support and advice – contact Peter Lawson & Co.
23 Sep 2019
HMRC collected a record sum of £5.4 billion in inheritance tax (IHT) during the 2018/19 tax year, according to figures released by the tax authority.
20 Sep 2019
Prioritising HMRC over other creditors in insolvencies will have a 'negative impact on the UK's economic growth', experts have warned Chancellor Sajid Javid.
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Our summary of the key announcements from the Chancellor's latest Budget .
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