Ok, thinking well ahead here. I do a weekly payroll for 8 employees and their AE staging date is May 2017. I pretty much know now that a weekly payroll is going to be too costly so I'm going to suggest moving to a monthly payroll.
Plenty of time to do the transition and I will gladly help with that but how do you go about doing it? My thoughts are probably a loan to the employee to cover 3 weeks slowly clawed back but would love to hear other suggestions.
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John
Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
Hi John
Buy in from the staff is key - funny as Ive just sort of alluded to this on another post this morning, as its a change of their conditions. Ive seen the loan option a few times when peeps have done this. Have a look at ACAS - they cover this one off, plus you can get advice for free.
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
It was seeing that post you alluded to that prompted me to start the thread Seeing the client first week in April and will drop the bombshell on the fees, they've got a year before that happens though. Will check out ACAS as well. Just want to be armed with some facts before I see them.
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John
Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
Seeing the client first week in April and will drop the bombshell on the fees, they've got a year before that happens though. Will check out ACAS as well. Just want to be armed with some facts before I see them. 
