This year more than ever, the payroll profession, like others, have been challenged to their extremes. They’ve been essential in supporting businesses with their finances, namely making sure the UK workforce gets paid.
To acknowledge these efforts and say thank you, we’re highlighting how payroll professionals have made a huge difference over the last few months. We’d like to invite you to join a number of dedicated Xero events happening to mark National Payroll Week 2020.
True business heroes
Payroll is the largest expenditure for most UK businesses, so it’s important to take a moment to recognise and appreciate the great work that is vital but often unnoticed.
Payroll professionals are responsible for making sure that people across the UK are paid correctly and on time every month. With COVID-19 bringing great challenges to the UK economy, you’ve risen to the challenge and exceeded expectations in the most relentless year of regulatory changes.
Whilst thousands of employees were unable to work due to the lockdown measures introduced earlier in the year, you’ve shown true professionalism and continued to ensure people got paid on time – whether that’s via the furlough scheme or normal payroll procedures.
We know that many businesses suffered losses and funding was essential to keep the lights on. As payroll professionals, you supported your organisations in accessing essential finance through the Coronavirus Job Retention Scheme (CJRS), helping businesses adapt so they could get back on their feet and help kickstart the UK economy again.
How payroll software can help
Having easy-to-use payroll and online accounting software enables you to organise all your business information in one handy place. “Having our payroll and accounting in one system is priceless,” says Clemi Hardie,? Founder of Noodle Live.
Xero Payroll not only manages the tasks you have to do, it automatically updates your accounts and creates HMRC submissions too. We’ve also got you covered when it comes to compliance and legal duties such as statutory pay and pension contributions.
And with furlough due to end soon and employees returning to work with different hours, we’re here to support you in managing and paying staff as they return to work. Manage and adjust wages and salaries to suit your new ways of working, automate tax calculations and pensions contributions, and with our in-built digital timesheets, worked hours can be easily tracked from anywhere. Find out more about this in our payroll feature page.
Join our payroll events
To mark National Payroll Week 2020, we’re running two live and interactive webinars with our payroll experts. Register now to discover the latest in the industry, how it might affect your work and how our payroll software can help.
- Webinar: Discover Xero Payroll for your business, 9 September at 10am BST. Register now
- Webinar: Get started with Xero Payroll for your business, 9 September at 2pm BST. Register now
To learn more about our payroll software and what it can do for your business, check out our payroll page.
Visit our dedicated site for more resources, webinars and inspirational stories to help you navigate the COVID-19 pandemic.