Latest accountancy and financial news and views from your team at The Number Studio

National Minimum Wage Increase from 1st October 2013

From 1st October 2013, the National Minimum wage rates are increasing.  Employers must ensure that they are paying their employees at least the specified minimum hourly rate, which depends on the employee’s age and whether they’re an apprentice.  Employees must be at...

6 Reasons to Outsource Your Payroll

With the recent changes to payroll legislation, more and more businesses are looking to outsource.  Here are six reasons why your business would benefit from outsourcing to a payroll bureau: Free up time and increase productivity  Payroll can be a very time-consuming...