Member Since: 29th Jul 2009
22nd May 2020
I guess if any PB winnings are given back to the company, that might be OK on the basis these funds are being held on trust for the company. If they're kept for personal gain, that sounds wrong and I'd feel uneasy with this.
24th Apr 2020
All the fingers seem to be pointing at the government. Probably true for every government in every country, not just our own. One can indeed argue about whether they've done the right thing, sent money to the right people, etc., but seems to me they're between a rock and a hard place and they're never going to please everyone.
Perhaps it would have been better and more straight forward to have gone down the Universal Basic Income route? I dunno! I've certainly had enough of these infernal furlough calculations! Still, as long as the government are doing what their advisers - medical, health, financial, behavioural, well being etc - then that's good enough for me. I maybe wrong but I think they are listening.
Still, the weather's nice, the air is clean and I'm loving my walks in the park with my family. Just spare a thought for the millions in developing countries who will now slip back into poverty, have no money, no healthcare and may shortly have no food. The knock on from that is going to hurt us all.
But to get back to the OP, I'm always considering jacking this in. Complex rules changing on a daily basis, irritating clients - oh, so irritating, sedentary lifestyle, big chunk of dull, repetetive work. Dull, repetetive work. HMRC. But right now our clients need us more than ever and, while our contribution may not directly save a life, it is easing the burden on many and we're helping to deliver on promises made. So no, I'm not going to jack it all in today. Tomorrow? I will continue to think about it. I think we'll continue to be vital to the economic prospects of this country and I'll still be waiting for that lightbulb moment when that killer idea pops into my head. Yeagh, will probably just carry on. Anyway, off to grind some wheat in my new grain mill for all the neighbours wanting flour. Oh, hang on ....
16th Apr 2020
Everyone on here will have a view. Mine is Moneysoft. Both Brightpay and Moneysoft are very good products and both have their strengths and weaknesses. I have looked at BP on several occasions but never been taken enough to want to move. I am extremely happy with MS, especially its ease of use and the speed I can do things. I do tag MS onto PayDashboard for certain larger clients if I want employees to access payslips in the cloud. The only way you will know which is right for you is to try them both. And with so few payroll clients just now, it's the perfect time. Both will be significantly better than Basic Tools!
9th Apr 2020
No problem here with Microsoft 365.
2nd Apr 2020
I use MoneySoft. I need to contact support maybe once or twice a year. That's how easy it is to use. I've always emailed my support requests and MS has always responded quickly and helpfully. So to answer the original question: clients are coping just fine thanks, as are we.
25th Mar 2020
Martin Lewis seems adamant that you would look to February for the amount to pay under a Furlough arrangement. His sources tell him. ICAEW seem not to have any particular insight so seems to me we can make assumptions but we just don't know.
13th Feb 2020
Screens are like motorbikes. You always need 1 more than you have. I have 2 of each and would definitely like 3!
17th Jan 2020
If you make payments for a client, you're handling clients' money and that brings up a load of regulatory issues with your professional body. I don't and won't do it but if you do then would suggest the fee is going to be a large one and probably too great to make it worthwhile for the client.
9th Jan 2020
I do agree with you on not relying too much on the software however I feel in this case MS is adding another layer of complexity. When I asked MS what a particular setting should be they responded as follows: "... it makes absolutely no difference to anything in the program what those are set to. Those options are only there because Smart insist on including them in the files you submit to them - they are not used by our program or any other pension provider." This doesn't instill huge amounts of confidence!
9th Jan 2020
I use MS and have been considering moving to BP (or another) precisely because of AE. For non-AE clients MS works perfectly and I wouldn't change it. I'm not very comfortable with MS's AE offering. Some of my clients are with Enrolex/Creative AE which does all the tricky stuff (letters, enrolment, opt ins etc) and tells me what to do each month. MS is fine for them. For another group of clients I use Smart pension where I have to be a bit more savvy about telling MS what to do re AE. That causes me a headache almost every month. In short, MS does what you tell it do just fine but you do need to know what you're doing and I need something which is a bit more 'smart' so that it guides me.