Mar 2013
19
No doubt you will have heard the adverts for SEPA which comes into being next year. SEPA basically enables electronic payments to be made within the Single Euro Payments Area for the same price as a local payment. It means that any of your employees who have non Irish bank accounts within the SEPA area can ask that their wages be paid to that account.
There are one or two things you should know about how Thesaurus Payroll Manager will handle SEPA. Although BICs and IBANs are required for the SEPA electronic file, you will not have to input these as Thesaurus Payroll will be able to convert existing branch codes and account numbers. Therefore you can continue to use local branch codes and account numbers unless the employee has a non Irish bank account.
There are slightly different SEPA file formats depending on your bank. The software will automatically know (from your own branch code) which bank you are paying from and prepare the appropriate file for that bank.
We expect to have SEPA functionality included in our mid year (LPT) upgrade.
Feb 2013
5
Legislation aimed at protecting undocumented migrant workers is being progressed as a priority by the Department of Jobs, Enterprise and Innovation.
The proposed legislation will address, amongst other matters, an important legal issue identified in a recent High Court decision. In August 2012, the High Court overturned a Rights Commissioner's award of over €91,000 in favour of a foreign national employed as a restaurant worker.
The Court found that the employee’s contract of employment was substantively illegal in the absence of the appropriate employment permit and that he was therefore not entitled to the award.
The proposed legislation will protect migrant workers whose employment in Ireland is unlawful by reason of not having a work permit. The Department recently confirmed that it is expected that the Bill will be published in the first quarter of this year.
Bright Contracts – Employment contracts and handbooks.
BrightPay – Payroll Software
Jan 2013
29
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Dec 2012
19
We have included a video to help you with submitting your P35 using Revenue Online Service.
This video can be accessed by clicking on the video icon in the ROS P35 screen in the software.
You can also view the video here.
