Innovation That Drives Business Success
Staying competitive isn’t just about following industry trends – it’s about leading them. At Offshore Payroll, we recognise that every business has unique needs, which is why we offer more than just standard payroll solutions. Our cutting-edge payroll software is designed to streamline operations and empower your business. For those requiring a customised approach, our bespoke development services ensure your payroll system is perfectly tailored to your specific requirements.
Tailored Solutions for Complex Payroll Needs
Offshore Payroll’s cloud-based software is built to handle a diverse range of payroll challenges, but we understand that no two businesses are the same. That’s why we offer bespoke development services to extend and customise the functionality of our software, ensuring it meets your exact needs. From system integration to the automation of complex processes, our expertise in bespoke development has helped global organisations optimise their payroll and HR operations. We provide the custom solutions that allow your business to run smoothly, no matter how complex your requirements are.
We gave already developed bespoke solutions for clients across various industries, addressing unique challenges and transforming their payroll operations. Some of our previous custom features include:
HRIS Integrations: Seamless connections between payroll systems and Human Resource Information Systems for streamlined data management.
Custom Nominal Ledger Exports: Tailored financial reporting that aligns with your business’s specific accounting structure.
Unique BACS File Requirements: Meeting specialised payment file formats and standards with ease.
Automated Payroll Processing: Enhanced efficiency with advanced payroll automation systems.
Data Import and Export Capabilities: Simplified data flow management between multiple platforms.
Advanced Reporting: Customisable, detailed reports to provide the insights you need.
Custom Payroll Benefits Solutions: Payroll benefits tailored to meet the specific needs of your employees.
Pension Administration Tools: Integrated tools that streamline pension management.
These examples only scratch the surface. The range of bespoke development possibilities is vast, limited only by your business’s needs and vision. Whether it’s integrating complex systems, automating intricate processes, or creating custom features that give your company an edge, Offshore Payroll is committed to delivering innovative solutions that empower your business.
Unlock Your Business’s Potential
The possibilities for bespoke payroll solutions are extensive, and we’re here to bring your vision to life. If you’re looking for a system designed specifically around your business’s goals and challenges, we invite you to explore the transformative potential of custom development with Offshore Payroll.
Contact us today to discuss your unique requirements and discover how our bespoke payroll solutions can give your business the competitive advantage it deserves.
Ross Huelin
September 19, 2024
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Jersey Mini Budget – Changes to Jersey Payroll
An extensive package of measures to address the cost-of-living crisis, which formed part of the Chief Minister’s 100 day plan has been passed.
The aim of this package is to put almost £15 million back into Islanders’ pockets this year and almost £42 million in 2023.
The Minister for Treasury and Resources, Deputy Ian Gorst, said: “This mini budget will help individuals and families with their budgets in this cost of living crisis. I am pleased with the work we have done to help people with these broad measures at this time of need in the community.”
Some of the changes passed as part of the Mini budget will directly impact payroll in Jersey. A reduction from 6% to 4% for employee Social Security contributions, came into effect on the 1st of October 2022 for 3 months (ending on the 31st of December 2022).
Our clients won’t need to do anything, as the update to social security will go through to our databases automatically.
Also approved as part of the Mini budget was an above inflation increase of 12% in Income Tax thresholds and allowances, including Child Allowances, Additional Allowance and Child Care Tax Relief. From 1 January 2023 Income tax threshold for a single person will be raised from £16,550 to £18,550.
We will also be updating Jersey databases to reflect the increase in income tax thresholds from the 1st of January 2023 onward and will let our clients know if any action is required.
You can find more information about the Mini budget through the Government of Jersey website: https://www.gov.je/News/2022/Pages/MiniBudgetQandA.aspx
Source: Government of Jersey News Release.
Get Ready: Seamless Secondary Pensions Submissions for Guernsey and Alderney are Here!
We’re excited to announce the launch of our new secondary pensions functionality for Guernsey and Alderney. This game-changing feature allows you to manage pension schemes and submit Government returns directly through Offshore Payroll, all in line with the new mandatory secondary pensions legislation.
Clients Are Already Raving! One of our clients, who’s has recently onboarded to Offshore Payroll, told us: “Wow… this is a thousand times better than our current process!”
We’re thrilled to see such great feedback and can’t wait for you to experience the same ease and efficiency.
Guernsey and Alderney secondary pension scheme delayed
The introduction of a government-approved secondary pension scheme for Guernsey and Alderney has been delayed.
The scheme was due to be established in 2022 after being approved by deputies, but Brexit and Covid-19 have caused a delay.
No alternative start date has yet been proposed. A delay was not unexpected given the challenges of the past year, and that it could help businesses already hit by the pandemic prepare for the scheme’s implementation.
Local employers will be obliged to offer a pension scheme for staff if they do not do so already, and to make contributions of up to 3.5% of salary.
The default scheme is to be administered by a UK auto-enrolment pension provider specialist, but many businesses are setting up new schemes with local providers.
Details of the delay are set out in Employment & Social Security’s Social Security Contributory Fund Accounts 2020, due to be discussed by the States on 16 June.
Source: Guernsey press Website (Secondary pensions held up by Covid and Brexit | Guernsey Press)
“It has given us peace of mind”
The reporting section is extremely in depth and helpful. We have been using various reports to help create our own management reports which has led us to examine payroll expenditure easily.
Having the widgets to run through step-by-step payroll or adding a new employee ensures nothing is missed. Also, the accessibility due to being Cloud based.
It’s a great system! Easy to use, can be tailored to your specific payroll needs without being overwhelming and if you can’t find something in the extensive user guide then a team of experts is only a click away.
Emma McCaw – Consultant
