Jan 2019

10

Thesaurus Customer Update - January 2019

Extended Customer Support Hours

To assist our customers with the transition to PAYE Modernisation, our customer support now offer extended and Saturday opening hours until Saturday the 16th of February including early mornings and evenings. Revenue is also assisting employers with the transition to PAYE Modernisation, with extended customer support hours and Saturday opening hours from Monday 17th December until Saturday 16th February including early mornings and evenings.

View Thesaurus Software opening hours | View Revenue opening hours

Thesaurus Payroll Manager Product Training

We are running online training sessions to give you an insight into what PAYE Modernisation looks like in Thesaurus Payroll Manager. Full PAYE Modernisation functionality will be covered, including the typical payroll run with PAYE Modernisation, processing new starters and leavers, making corrections to the payroll and much more.

Register here

What does PAYE Modernisation look like in Thesaurus Payroll Manager?

We have worked closely with Revenue to ensure Thesaurus Payroll Manager can easily cater for the needs of PAYE Modernisation. Watch our short video to see how Thesaurus Payroll Manager streamlines real time reporting to easily comply with PAYE Modernisation.



PAYE Modernisation webinar with guest speaker from Revenue - New 2019 dates added due to high demand

Thesaurus Software and Revenue have teamed up to bring you free webinars where we discuss what has happened since PAYE Modernisation has gone live and what challenges businesses are facing. Due to phenomenal demand, we have added new PAYE Modernisation webinars in January and February.

Due to the high level of interest, it is expected that the training webinars will soon be completely booked out. Book your place now to avoid disappointment.

View agenda | Register here

******* Do you have your ROS Digital Cert for PAYE Modernisation? *******

The computer that you run your Thesaurus Payroll Manager 2019 on will need to have your ROS Digital Cert installed on it. If you are currently able to log into ROS from your computer, then you are fine. Otherwise, you should copy the cert (the .p12 or .p12.bac file) from the machine that you use for ROS to the machine that you use for processing payroll.

Find out more

Don’t forget to backup your payroll files for PAYE Modernisation

It is very important to take backups of payroll data with PAYE Modernisation. To help our customers with PAYE Modernisation, we are providing one FREE cloud backup with every Thesaurus Payroll Manager payroll purchase. Users can easily backup their payroll data to the cloud, which can be restored at any time. Customers will be issued with one FREE Thesaurus Connect 2019 licence (worth €59) with their Thesaurus Payroll Manager 2019 licence.

Purchase Thesaurus Payroll Manager 2019 | Book Thesaurus Connect demo

How will PAYE Modernisation affect employees?

Employers will now need to connect to ROS before calculating pay and deductions to ensure that they are using the most up-to-date tax credits and cut-off points. They will also have to report these deductions to Revenue every time employees are paid. Employees will be able to view pay and deductions on myAccount on the Revenue website.

Find out more

Thesaurus Payroll Manager & PAYE Modernisation Help Videos

We have created a number of help videos to give you an insight into what the payroll and PAYE Modernisation functionality will look like in Thesaurus Payroll Manager. Videos include how to import from the previous tax year, retrieving your employee RPNs, submitting your pay data to Revenue and how to add your ROS digital certificate.

Learn more here

Thesaurus Payroll Software | BrightPay Payroll Software

Posted byKaren BennettinCustomer Update


Dec 2018

18

Thesaurus Customer Update - December 2018

Your PAYE Modernisation Survival Checklist

We have created an 8 step checklist to help you understand what you need to know about submitting your payroll data to Revenue in real time. Stay off Revenue’s naughty list and be ready for the PAYE Modernisation changes.

8 Step Checklist | Free Online Training

ROS Digital Cert - A Must Have for PAYE Modernisation

The computer that you run your 2019 Thesaurus Payroll Manager on will need to have your ROS Digital Cert installed on it. If you are currently able to log into ROS from your computer, then you are fine. Otherwise, you should copy the cert (the .p12 or .p12.bac file) from the machine that you use for ROS to the machine that you use for processing payroll. This is something you might want to do before the 1st of January 2019.

Find out more

What does PAYE Modernisation look like in Thesaurus Payroll Manager?

We have been working with Revenue to make sure Thesaurus Payroll Manager can easily cater for the needs of PAYE Modernisation. Watch our short video to see how Thesaurus Payroll Manager will streamline real time reporting to easily comply with PAYE Modernisation.

Watch video here | Book a demo

PAYE Modernisation Training Webinar - Extra dates added due to high demand

Due to phenomenal demand, we have added extra dates for our PAYE Modernisation online training webinars with a guest speaker from Revenue. Due to the high level of interest, it is expected that the training webinars will soon be completely booked out. With almost 1,000 people registered for each of these webinars, there are limited places left. Register now to avoid disappointment.

PAYE Modernisation webinar dates

Backup your payroll data for PAYE Modernisation - FREE cloud backup (valued at €59)

It is vital to take backups of payroll data with PAYE Modernisation. To help our customers, we are providing a FREE Thesaurus Connect 2019 licence (worth €59) with every Thesaurus Payroll Manager payroll purchase. Users can easily backup their payroll data to the cloud, which can be restored at any time.

Purchase Thesaurus Payroll Manager 2019 here

One4all Employee Gift Cards

Thesaurus Payroll Manager offers a facility where users can securely purchase One4all gift cards for their employees. In 2015, the Irish government announced that employers can now give a non-cash benefit up to the value of €500 tax free to employees. Gift cards arrive addressed to the employer in an unmarked envelope for extra security.

Learn more here

PAYE Modernisation changes for businesses with separate branches / offices

PAYE Modernisation does not lend itself to operating separate branches / offices using the same employer registration number nor does it lend itself to processing groups of staff separately e.g. directors on one payroll and other staff on a second payroll. There are various reasons for this including:

  • full visibility of all payroll data per digital cert
  • difficulty in ensuring uniqueness of employment IDs
  • ensuring that line item IDs are not duplicated 

An employer can have as many employer registration numbers as they want. The solution is to register another number and obtain another cert. 

Find out more

Thesaurus Payroll Manager & PAYE Modernisation Help Videos

We have created a number of help videos to give you an insight into what the payroll and PAYE Modernisation functionality will look like in Thesaurus Payroll Manager. Videos include how to import from the previous tax year, retrieving your employee RPNs, submitting your pay data to Revenue and how to add your ROS digital certificate.

Learn more here | FREE Thesaurus 2019 Product Training

 

Are you missing out on the Thesaurus newsletter? We will not be able to email you without you subscribing to our mailing list. You will be able to unsubscribe at anytime. Don’t miss out - sign up to our newsletter today!

Posted byKaren BennettinCustomer Update


Nov 2018

15

Thesaurus Customer Update: November 2018

Free PAYE Modernisation Training – Only 20 Places Left 

We have teamed up with Revenue to offer employers and payroll bureaus online training webinars to help you prepare for PAYE Modernisation. With just a few short months before PAYE Modernisation takes effect, these online training webinars will discuss how PAYE Modernisation will affect payroll processing and what is expected from you going forward. All webinars are CPD accredited and free to attend. Places are limited.

  • 5th December: PAYE Modernisation: 1 Month to Deadline | Register here
  • 13th December: PAYE Modernisation is coming to town: How to stay off Revenue's naughty list | Register here

Free Cloud Backup for Thesaurus Customers - Thesaurus Connect (Valued at €59)

It is much more important to take backups of payroll data with PAYE Modernisation. To help our customers, we are providing a FREE Thesaurus Connect 2019 licence with every Thesaurus payroll purchase. Users can easily backup their payroll data to the cloud, which can be restored at any time.

Purchase Thesaurus Payroll Manager 2019 here

We’re here to help with PAYE Modernisation - Extended Customer Support Hours

To assist our customers with the transition to PAYE Modernisation, our customer support will have extended and Saturday opening hours from Monday 17th December until Saturday 16th February including early mornings and evenings.

View opening hours | Contact support

How to comply with PAYE Modernisation in 8 easy steps

It is important that all employers understand the upcoming changes to the Irish PAYE system. PAYE Modernisation will affect all employers and it will be important to ensure 100% compliance to avoid penalties and fines. Follow these 8 steps to find out what you need to know about submitting your payroll data to Revenue in real time.

8 Step Checklist | Book a demo

Bureaus Only: 10 Quick Tips to a Successful PAYE Modernisation Strategy for Payroll Bureaus

PAYE Modernisation changes the payroll process forever. Payroll bureaus and accountants should look to increase the prices they charge for payroll and PAYE Modernisation services to compensate for the additional work required. In this guide, we examine the best practices to consider which will improve profits and increase Revenue.

Download Guide

PAYE Modernisation Compliance: We’re ready!!

Please be assured that Thesaurus Payroll Manager 2019 will fully cater for the new PAYE Modernisation system and that we aim to make it as seamless as possible for you. Users will be able to seamlessly retrieve RPNs and submit PSRs through to Revenue with just a few clicks. There is no additional charge for PAYE Modernisation. Book a demo to see just how easy PAYE Modernisation will be with Thesaurus Payroll Manager.

Book a PAYE Modernisation demo

Get your ROS Digital Cert for PAYE Modernisation

The computer that you run your payroll from will need to have your ROS Digital Cert installed on it. If you are currently able to log into ROS from that computer, then you are fine. Otherwise you should copy the cert (P12 file) from the machine you use for ROS to the machine you use for your payroll. This is something you might want to do in advance of January. You can find help on this here.

Are you missing out on the Thesaurus newsletter? We will not be able to email you without you subscribing to our mailing list. You will be able to unsubscribe at anytime. Don’t miss out - sign up to our newsletter today!

Posted byKaren BennettinCustomer Update


Oct 2018

8

Thesaurus Customer Update: October 2018

Free Webinar: PAYE Modernisation - 2 Months to Deadline

We have teamed up with Revenue & IPASS to bring you free CPD accredited webinars to help you prepare for PAYE Modernisation. With just over two months before PAYE Modernisation takes effect, these webinars will discuss how PAYE Modernisation will affect payroll processing and what is expected from you going forward. Both webinars are CPD accredited and free to attend. Places are limited.

Thesaurus Payroll Manager - Customer Survey Results

We would like to say a massive thank you to everyone who filled out our customer satisfaction survey last month. We were delighted to discover that the customer satisfaction rate for Thesaurus Payroll Manager has remained at its exceptional 99%. Our customer support team also boasts a 99% customer satisfaction rate.

Find out more

Extended Customer Support Hours

To assist our customers with the transition to PAYE Modernisation, our customer support will have extended and Saturday opening hours from Monday 17th December until Saturday 16th February including early mornings and evenings.

View opening hours | Contact support

Thesaurus Software secures investment from Hg

We are very excited to announce that Thesaurus Software has secured investment from Hg, a specialist technology investor. This partnership benefits Thesaurus Software as we can access the experience and support of Hg and its network, whilst retaining voting control of the business. “It’s great to secure an investment from a firm who both knows our market and has the experience to help us develop the business.”

Find out more

PAYE Modernisation checklist to ensure 100% compliance

It is important that all employers understand the upcoming changes to the Irish PAYE system. PAYE Modernisation will affect all employers and it will be important to ensure 100% compliance to avoid penalties and fines. Find out the key factors you need to consider when preparing for its introduction with our PAYE Modernisation checklist.

PAYE Modernisation checklist

Budget 2019 - Employer Payroll Focus

Budget 2019 was announced on Tuesday October 9th 2018 . This is a summary of the measures that will have a direct effect on employers with regards to payroll.

Find out more

Did you miss it? Important information regarding PAYE Modernisation

We recently sent out an email to all customers regarding PAYE Modernisation detailing a number of things you need to be aware of or to check in advance of January. Please be assured that our 2019 software will fully cater for the new system and that we aim to make it as seamless as possible for you.

View email | PAYE Modernisation demo

BrightPay wins ‘Payroll Software of the Year’

BrightPay was announced the winner of ‘Payroll Software of the Year’ at this year’s Software Excellence Awards. It’s a great achievement for BrightPay to win this prestigious award. The winner was decided by a public vote, whereby members are asked to rate the software systems they use to determine the best products on the market. BrightPay is created by Thesaurus Software, offering a more advanced and user-friendly alternative to Thesaurus Payroll Manager.

Find out more | Book a demo

Thesaurus Connect: The GDPR Survival Toolkit

Thesaurus Connect is tailored to help you overcome some of the key challenges GDPR presents when processing payroll. The payroll itself is still processed on the Thesaurus Payroll Manager desktop application, however, the payroll information is stored online on a secure cloud server, allowing us to bring you even more benefits to help you with GDPR compliance.

Read more

Are you part of an association that needs help with PAYE Modernisation?

We are working with a number of associations that are helping their members with PAYE Modernisation. We are offering a free partnership platform to Irish associations where we can provide free PAYE Modernisation training and free training on our payroll software products. Our partnership platforms enable us to offer association members introductory discounts.

Get in touch to find out more

Are you missing out on the Thesaurus newsletter? We will not be able to email you without you subscribing to our mailing list. You will be able to unsubscribe at anytime. Don’t miss out - sign up to our newsletter today!

Posted byRachel HynesinCustomer Update


Aug 2018

1

Customer Update: GDPR & PAYE Modernisation Special Edition

PAYE Modernisation Explained

PAYE Modernisation or real-time reporting (RTR) will enable Revenue to ensure that employees are receiving their correct tax credits and cut-off points throughout the year. This compares with the current PAYE reporting which is done through P35s on a yearly basis.

Learn more | Frequently asked questions

 

Free GDPR Webinar | Guest Speaker: Data Protection Commissioners

Graham Doyle, Head of Communications from the Data Protection Commissioners office will be joining us to discuss GDPR and the effect it is having on all businesses. This FREE CPD accredited webinar will look at what is new in GDPR, how it may affect your business and what have we learned from the GDPR 3 months on. We will also look at how Thesaurus Payroll Manager can help your organisation utilise the new regulation to benefit you, your customers, suppliers and employees.

Register today | Full agenda

 

PAYE Modernisation To Do List: Step 1 - List of Employees

In preparation for PAYE Modernisation, Revenue is asking employers to send a list of their employees through Revenue's Online Services (ROS). This list will ensure that both Revenue and employer records are accurate and up-to-date.

Find out more

 

Manually Calculating Payroll with PAYE Modernisation

A significant number of employers are still processing their payroll using a manual or spreadsheet system. A manual approach may seem like an attractive option but can result in inaccurate payroll processing. From January 2019, employers will be required to submit their payroll returns electronically and in real-time, each payroll run, allowing Revenue to access the most up-to-date information.

Find out more

 

Privacy Policies - A GDPR Requirement

One of the main principles of the GDPR is that data shall be processed lawfully, fairly and in a transparent manner. These three elements overlap and all three must be satisfied in order to demonstrate compliance. The GDPR stipulates that anywhere personal data is being collected, either directly or indirectly, Privacy Notices should be in place.

Find out what to include

 

PAYE Modernisation FREE webinar in conjunction with Revenue

We have teamed up with Sinead Sweeney who is the PAYE Modernisation Change Manager for the Revenue Commissioners. The webinar will peel back the legislation to help you understand and implement the new changes for your business. The objective of PAYE Modernisation is for Revenue, employers and employees to have access to the most accurate, up-to-date information relating to pay and statutory payroll deductions. Places are limited.

Employer webinar: 4th September | Bureau webinar: 6th September

 

GDPR: Do I need consent from my client’s employees? (Bureaus Only)

Many bureaus have expressed concern and confusion in relation to getting consent from their client’s employees and securely distributing payslips. Payroll bureaus do not need to seek consent from individual employees that the payroll is processed for. However, the employer will need to inform their employees that they are sharing their personal information with a third party.

Read more

 

GDPR: Frequently Asked Questions

Our GDPR experts have put together a list of some of the frequently asked questions that we have been asked by our customers regarding the General Data Protection Regulation. Additionally, the legislation states that whenever a data controller (e.g. business/employer) uses a data processor (e.g. payroll bureau) there needs to be a written contract or Data Processor Agreement in place.

View all FAQs | Template Data Processor Agreement

 

Are you missing out on the Thesaurus newsletter? We will not be able to email you without you subscribing to our mailing list. You will be able to unsubscribe at anytime. Don’t miss out - sign up to our newsletter today!

Posted byKaren BennettinCustomer Update


Jun 2018

5

Thesaurus Customer Update: June 2018

PAYE Modernisation: Understanding and implementing the new legislation

The way in which we communicate and send payroll information to Revenue is changing. The objective of PAYE Modernisation allows for Revenue, employers and employees to access the most accurate, up-to-date information relating to pay and statutory payroll deductions. PAYE Modernisation will be effective from the 1st of January 2019 and will apply to all employers.

Bureau webinar | Employer webinar

Free Webinar: Payroll Data & GDPR - What you need to know

Employers must take steps to protect and securely manage employees’ personal data to comply with GDPR. Equally, where a business outsources their payroll to a third party (payroll bureau), they are legally obliged to provide assurances to safeguard the payroll information they manage on behalf of their clients. Places are limited.

Register here

PAYE Modernisation - The Facts

PAYE Modernisation is a mandatory payroll requirement that will be introduced from the 1st January 2019. It won’t change the way you calculate your PAYE information, it just means that you will need to send your data through to Revenue in real time. Every time you pay your employees (i.e. each pay period), you will need to submit PAYE information to Revenue, through an API link via your payroll software.

Read full article | Register for webinar

GDPR - What to include in your template Data Processor Agreement

Whenever a data controller uses a data processor there needs to be a written contract in place. The contract is important so that both parties understand their responsibilities and liabilities. The GDPR sets out certain information which needs to be included in the contract.

Find out more | Template Data Processor Agreement

Thesaurus Connect’s NEW Employee Smartphone App

Our employee self-service smartphone and tablet app is available with our cloud add-on Thesaurus Connect. The advancement of employee mobile apps offers many different advantages for employers, employees, and the business as a whole. For employers and HR Managers, the user-friendly portal will streamline payroll processing while reducing the number of payroll queries from employees.

Find out more | Book a demo

How has Thesaurus Software prepared for GDPR?

Data Protection has always been a concern for Thesaurus Software and we have always aimed to act with complete integrity in this regard. In preparation for GDPR, we have had to complete a total review on how we gather, maintain and use data. We have taken steps to securely protect our customers information including increased encryption, securely deleting files from our servers and updating our privacy policies in line with GDPR.

Key changes | Updated privacy policy

How Thesaurus Connect can help with GDPR!

Where possible the data controller should offer self-service remote access to a secure system providing individuals with access to his or her personal data. Thesaurus Connect is a self-service option which provides online access 24/7. Employees can view and download current and historic payslips, P45’s and P60’s. Annual leave can also be requested which flows through as a notification for the employer to approve. Employee contact information can be edited and updated keeping records accurate at all times. For payroll bureaus, clients can access payslips, a leave calendar, amounts due to Revenue and payroll reports.

Read more here | Book a demo

 

Are you missing out on Thesaurus Software's newsletter? We will not be able to email you without you subscribing to our mailing list. You will be able to unsubscribe at anytime. Don’t miss out - sign up to our newsletter today!

Posted byKaren BennettinCustomer UpdateGDPR


Feb 2018

5

Thesaurus Customer Update - February 2018

PAYE Modernisation is coming…. Are you ready?

The Irish PAYE system is currently undergoing a massive overhaul, with new changes being implemented from 1st January 2019. This is called PAYE Modernisation. The existing system was introduced nearly 60 years ago and so this update is long overdue. What do you need to do to prepare for this new system?

Employer Webinar (27th March) | Bureau Webinar (28th March)


Increase to Minimum Wage from January 2018

The National Minimum Wage for an experienced adult worker has now increased to €9.55 per hour from January 1st 2018. This is the third year in a row that the National Minimum Wage has been increased but this is by far the largest with an increase of 30c.

Find out more


Is it discrimination to top up Maternity Benefit but not Paternity Benefit?

September 2016 saw the introduction of Paternity Leave, that for the first time ever allowed fathers/partners to take two weeks paid leave on the birth of a child/placement of a child for adoption. The question then arose that if by topping up Maternity Benefit, would an employer by default have to top up Paternity Benefit?

Read full article | What is Bright Contracts?


Keep your payroll data secure with Thesaurus Connect

With Thesaurus Connect, you can safely and securely backup your payroll data to the cloud. The add-on will keep a chronological history of your backups, which can be restored to your PC at any time. Never lose your payroll data again by storing this information online, while protecting against ransomware and similar threats.

Find out more | Book a demo


Automatic Enrolment - Mandatory Pension Reform for Ireland

The Irish Government aims to bring in an automatic enrolment system where all employers would enrol their employees into a workplace pension scheme. All employers are likely to have certain mandatory duties to complete, including choosing a suitable pension scheme, informing employees about their rights and making an employer contribution to each employee’s pension pot.

Find out more


Free Webinar: GDPR for Payroll Bureaus

The countdown is on!! The General Data Protection Regulation (GDPR) comes into effect on 25th May 2018, however this date is a deadline as opposed to a starting point. With hefty non-compliance fines, it is important to make sure you are prepared. Register now for our free, CPD accredited webinar which takes place on 8th March.

Book your place now


Thesaurus Newsletter - Are you missing out?

GDPR is changing how we communicate with you. After May 2018, we will not be able to email you about webinar events, special offers or other news without you subscribing to our newsletter. Don’t miss out - sign up to the Thesaurus newsletter today!

Subscribe now

 

Thesaurus Payroll Software | BrightPay Payroll Software

Posted byRachel HynesinCustomer Update


Dec 2017

7

December 2017 - Customer Update

Free Webinar: Year End Process - Thesaurus Payroll Manager

Our highly experienced support professionals have put together this free webinar covering the year end procedures within Thesaurus Payroll Manager.

Register 23rd January


Sign up to the Thesaurus newsletter

Do you want to hear more about future CPD events, free ebooks, industry updates and special offers? Subscribe to the Thesaurus newsletter today. You will have the option to unsubscribe at anytime.

Sign up now


Purchase employee Gift Cards with Thesaurus Payroll Manager

Thesaurus Payroll Manager now offers a facility where users can securely purchase one for all gift cards for their employees. In 2015, the Irish government announced that employers could give a gift card of up to €500 tax free to employees. Gift cards arrive addressed to the employer in an unmarked envelope for extra security.

Learn more here


Free Webinar - How will PAYE Modernisation affect your business?

PAYE Modernisation is probably the biggest overhaul of the PAYE system since PAYE itself was introduced back in 1960. It will have wide ranging effects on all employers across Ireland. Places are limited.

Employers: 24th January | Bureaus: 25th January


Changes to Illness Benefit from 1st January 2018

With effect from 1st January 2018, employers will no longer be responsible for taxing Illness Benefit. From this date Revenue will tax Illness Benefit by adjusting employee's tax credits and/or rate bands.

Read more


Auto Enrolment to be introduced by 2021

Today, we are all living longer healthier lives. However, as a nation, we are not saving enough for our retirement. The Irish government aims to bring in an auto enrolment system where all employers would be required to enrol their employees into a workplace pension scheme and contribute towards the employee pension pot.

Find out more


Free Webinar - What does GDPR mean for your business?

The General Data Protection Regulation (GDPR) comes into effect on 25 May 2018. Employers process large amounts of personal data, not least in relation to their customers and their own employees. Consequently, the GDPR will impact most if not all areas of businesses and the impact it will have cannot be overstated.

Employers: 30th January | Bureaus: 8th March


More for bureaus

Payroll for bureaus: From loss leader to profit centre

New technologies can positively impact the way bureaus offer payroll services. There are several exciting developments that are happening right now in the cloud. Be ready to offer a new level of payroll and HR services by embracing new-world online technologies.

Curious? Download free guide


What's new for Thesaurus Payroll Manager 2018?

Thesaurus Payroll Manager 2018 is now available to purchase online. We’re delighted to introduce our new bureau features that will help you get the very best payroll experience yet, including direct emailing of reports, a payroll journal export and much more.

Read about the new features

 

 

Thesaurus Payroll Software | BrightPay Payroll Software

Posted byRachel HynesinCustomer Update


Oct 2017

19

Customer Update

Free Webinar: What you NEED to know about PAYE Modernisation

PAYE Modernisation is probably the biggest overhaul of the PAYE system since PAYE itself was introduced back in 1960. It will have wide ranging effects on all employers. Register now for our free webinar to find out what you need to know about PAYE Modernisation. Speakers include Paul Byrne (Thesaurus Software) & Sinead Sweeney (Revenue)

Register for free webinar

CPD Webinar: GDPR for your Payroll Bureau (Bureaus Only)

Data protection and how personal data is managed is changing forever. On 25 May 2018 the new General Data Protection Regulation (GDPR) will come into force. The GDPR is a European privacy regulation replacing all existing data protection regulations. Register now for our free, CPD accredited webinar to find out how this new legislation will affect your payroll bureau.

Register for CPD webinar

"What do you mean... Do I have a backup?” - A day in the life of Customer Support

One of the most common calls on the support line is from a distressed customer who tells us they have lost their payroll information. Reasons for the loss of this information are varied and could be anything from a laptop being stolen, a virus attacking the computer or fire or water damage to the computers in the office.

Read full article

Thesaurus Connect - Try for Free

We are giving customers one free Thesaurus Connect 2017 licence. With Thesaurus Connect, employers can login to their own personal employer dashboard where they can access employee payslips, payroll reports and a company wide calendar. It also includes a self-service portal for employees to view payslips and request annual leave.

Redeem your free licence / Book a demo

New Automatic Enrolment Pension System to be in place by 2021?

Brian Hayes MEP has called on Minister for Social Protection, Regina Doherty to start work on the introduction of an automatic enrolment pension system, whereby all Irish private sector employees would be automatically enrolled into a pension scheme.

Find out more

Thesaurus Customer Survey: The Results are in!

In our recent survey, we were delighted to discover that Thesaurus has a 99.6% customer satisfaction rate. Customers are also highly satisfied with our customer support team, with a satisfaction rate of 99.5%.

Read full article here

Posted byRachel HynesinCustomer Update


Oct 2017

11

Budget 2018 - Employer Payroll Focus

Pay As You Earn (PAYE)

  • There was no change to tax rates for 2018, the standard rate will remain at 20% and the higher rate at 40%.
  • Standard Rate Cut Off Points (SRCOPs) will be increased by €750 from 1st January 2018.

Emergency Basis of PAYE

Employee provides PPS Number:

Where an employee does not provide their PPS Number the higher rate of 40% tax applies to all earnings.

Earned Income Tax Credit

The Earned Income Tax Credit will be increased by €200 from €950 to €1,150.

Home Carer Tax Credit

The Home Carer Tax Credit will be increased from €1,100 to €1,200.

Universal Social Charge (USC)

  • Exemption threshold remains at €13,000
  • 2.5% rate reduced to 2%, threshold for this rate increased from €18,772 to €19,372
  • 5% rate reduced by 0.25% to 4.75%
  • No change to 8% rate

Medical card holders and individuals aged 70 years and older whose aggregate income does not exceed €60,000 will pay a maximum rate of 2%.

The emergency rate of USC remains at 8%.

PRSI & USC

The Minister outlined his intention to establish a working group in 2018 to carry out a review of the possible integration of PRSI and USC.

National Training Levy

The National Training Levy of 0.7% which is currently collected as part of the employer PRSI contribution will increase to fund further and higher education, the increases are as follows:

  • 0.8% in 2018
  • 0.9% in 2019
  • 1% in 2020

Pay Related Social Insurance (PRSI)

There were no changes to general PRSI thresholds or employee PRSI announced in the Budget. However, as the National Training Levy is increasing and it is collected as part of the employer PRSI contribution, employer PRSI will increase as follows:

  • 8.5% increased to 8.6%
  • 10.75% increased to 10.85%

Benefit in Kind (BIK) - Electric Cars

A 0% rate of BIK will apply to electric vehicles provided by an employer to an employee in 2018 which is available for private use. Electricity used by the employee in the workplace to charge the car will also be exempt from BIK.

PAYE Modernisation

PAYE Modernisation will be effective from 1st January 2019. Budget 2018 has allocated €50 million for a project to enhance Revenue's IT capacity and to ensure employer compliance.

National Minimum Wage

The National Minimum Wage will increase from €9.25 to €9.55 per hour in respect of hours worked on or after 1st January 2018.

  • Workers under age 18 will be entitled to €6.69 per working hour
  • Workers in their first year of employment over the age of 18 will be entitled to €7.64 per working hour
  • Workers in their second year of employment over the age of 18 will be entitled to €8.60 per working hour

Social Welfare Payments

There will be a €5 increase in all weekly Social Welfare payments with effect from 26th March 2018. The maximum personal rate of Illness Benefit will be increased to €198 per week. Maternity Benefit and Paternity Benefit will be increased to €240 per week.

Posted byAudrey MooneyinCustomer Update