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Deducting Property Tax From Your Employee’s Payroll? What You Need To Know

Posted in: Accountants, HR, News, Small Businesses
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property Tax, What Your Need To KnowSage are currently in discussions with Irish Revenue about how Property Tax will be deducted from employee’s payroll. From July 2013, anyone that is liable to pay the property tax but has not started doing so will have the option of having it deducted from their payroll.  All Sage Payroll packages including Sage Micropay, Sage Quickpay and Sage One Payroll will be updated to enable payroll administrators to automatically deduct the necessary payment.

When this update is available, you will be able to update your Sage Micropay and Quickpay through your payroll software’s Auto Update feature, or on www.mysage.ie. The update will automatically be made to Sage One Payroll so all you have to do is login as normal and Sage One Payroll will be up to date with the latest legislative requirements.

More information will be made available in the coming weeks and months. For now you can rest assured that all Sage payroll software will be updated to ensure you are legislatively compliant. In the meantime you could talk to your employees and find out which employees will opt to have the payment deducted from their payroll.

Interested in seeing how Sage Micropay makes it quick and easy for you to calculate deductions from your employee’s payroll, try it now for free.

Posted in: Accountants, HR, News, Small Businesses
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