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The legal requirements for payslips.
Employers in the Barnet area should be aware of the legal requirements concerning payslips – here is the Cartwrights Accountants and Business Advisors guide to the essentials…
Most employees receive payslips and take them for granted, but what are the legal requirements?
All employees, including those working part-time and temporarily, are entitled to receive a written payslip on or before their pay day. The Employment Rights Act (ERA) sets out the required contents of a payslip:
In practice, most employers give much more information than the basic statutory requirements. For instance, it is obviously good practice to analyse gross pay to show:
It is also usual to show the period covered by the payment, and the date of payment.
You can significantly reduce queries from employees by giving basic details such as:
If you are an employer in the Barnet area we can provide support and advice – contact Cartwrights Accountants and Business Advisors.