WHAT WE DO

PARIS & PARKS

 provides a service that helps make paying people more efficient either by improving compliance and so reducing risk and liability, assisting with delivery of tax efficient remuneration or reviewing and improving efficiency of the function.

Yvette Lamidey, founder
of Paris & Parks, is a consultant to, and for, the Institute of Payroll Professionals.      [more]

LATEST NEWS

IN-YEAR ONLINE FILING
Don’t let the delay in go-live with mandatory online filing for P45s and P46s for employers with more than 50 employees lull you into a false sense of security. There is still much to be done with system and possibly process changes required even if you already file these forms online.

GLOBAL PAYROLL
Even if there were such a product would your organisation be up to the challenge of moving to a truly global payroll solution and all that goes with this in management of such a system? And yes there are one or two out there that can deliver a true global solution!

CASE STUDIES

EXPENSES SOLUTION
How Paris & Parks helped a major high street retail company to put in an expenses management solution for all its businesses.

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REDUCING COMPLIANCE RISK IN PAYROLL

Keeping Ahead of the Constantly Changing Compliance Rules

Legislation impacting on the payment of employees is constantly changing and requires the Payroll Manager and their team to keep up to date with the requirements in record keeping, calculation of payments, calculation of deductions, information contained on the payslip, paying over certain deduction and filing in-year and end of year Returns.

And where Payroll also covers expenses and benefits and P11Ds there are a whole host of additional rules to be followed.

Depending on the role within the organisation that Payroll fulfils there may also be employment legislation to be understood and employed.

Ensuring Compliance When the System is Updated

Not only do the Team need to understand legislation but they also need to make sure that the payroll system is also calculating pay and deductions correctly. Whenever changes are applied to the system with new tax tables etc following the Budget it is recommended that some sample payslips are processed and the output checked.

Whenever changes are introduced there is a reasonable lead time that allows employers to review their existing systems and processes to ensure that they can comply with the revised and or new legislation and that there is time to ensure that the payroll supplier is going to make the appropriate changes to the payroll system.

As well as primary and secondary legislation laid down by parliament and the guidance that accompanies these there is also the impact of case law to be considered including the findings of tribunals.

It may be necessary to change forms and procedures that are used by managers and HR who supply information to Payroll as well as those used within the department.

Unfortunately the breadth of the legislation that Payroll needs to understand means that sometimes changes are missed especially for situations that are only encountered on an irregular basis.

When Compliance Systems Fail

Failure to comply not only means that the organisation is at risk of fines and penalties plus underpaying or overpaying tax, NICs etc but also that your employees are not being paid correctly which can create problems for them and impact on your relationship with your employees.

A Paris & Park Compliance Audit

Paris and Parks can undertake a full compliance review to ensure that the systems, processes and procedures meet the current regulations and also give advice and guidance on how to prepare for future changes.

Paris and Parks can also provide regular updates of changes in legislation affecting employees pay to the organisation.




Also See:
HR Compliance, Reducing Audit Costs, Sarbanes Oxley (SOX), Compliance and Redundancy,
Software and Compliance