OPTiM Payroll (@OPTiMPayroll) header
OPTiM Payroll (@OPTiMPayroll) profile picture

Managed Payroll Division of OPTiM Financial Solutions offering cost-efficient payroll processing solutions for all types of businesses

Galway, Ireland
Joined November 2012
Benefit-in-Kind (BIK) is a non-cash perk/fringe benefit with monetary value provided by an employer to an employee (such as a company car, health insurance, or preferential loans). These benefits are treated as taxable income & subject to Income Tax, PRSI, USC through PAYE system
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4 - Health Insurance & Other Perks: Employer-paid medical insurance, gym memberships, and preferential low-interest loans (e.g., 4% for home loans, 13.5% for other loans in 2026) are generally taxable BIK
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5 - Tax-Exempt Perks: Public transport travel passes (bus, train, Luas, ferry) and Cycle-to-Work schemes remain exempt   You can check official guidance directly by contacting us at optimpayroll.com
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Is Payroll Taking Up Too Much of Your Time? Let us handle your payroll needs, & you focus on what truly matters – growing your business. Our expert services inc: Accurate Payroll Processing Compliance with Regulations Secure Data Handling Personal Service optimpayroll.co
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Wishing everyone a happy bank holiday weekend 🎃 Stay safe and a reminder to change your clocks this weekend ⏰
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linkedin.com/pulse/employer-… - employer obligations re terms of employment
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OPTiM Payroll offers Stress Free Payroll System for SME's - We look after min wage, auto-enrolment, holiday pay & sick pay regulations so you don't have to! * Save time & cut costs * Always accurate & on time * 100% compliant * efficient seamless payroll optimpayroll.com/contact-us-…
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Do you ever wish someone could take Payroll completely off your plate? At OPTiM Payroll we help Irish business owners stay organised, 100% compliant, and in control with accurate payroll .. without stress! You build your business - we operate your payroll optimpayroll.com
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* SECURE off-site storage of payroll data * Always COMPLIANT with latest tax & employment legislation * ADVICE on improving employer & employee tax efficiency *No missed deadlines * Save hours every week to concentrate on building your business * Reduce unnecessary softwear costs
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You build your business - we operate your payroll seamlessly and efficiently optimpayroll.com
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OPTiM Payroll offers Stress Free Payroll System for SME's so you don't have to worry about the new minimum wage calculations & tax band rates,  auto-enrolement & sick pay regulations. * Save time & cut costs * Always accurate & on time * 100% compliant optimpayroll.com/contact-us-…
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Payroll shouldn't be another admin headache. Let OPTiM Payroll take care of paperwork, calculations and paperwork! Payroll involves more than just paying employees. * Calculating wages * PAYE & PRSI * Payslips * Calculating Holiday and Sick pay * Keeping up to date records.
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If you are currently * Making incorrect calculations on employee pay * Making incorrect deductions * Finding payroll admin a drain on admin staff * Missing tax deadlines  NOW is the time to outsource your PAYROLL process so that you can concentrate on growing your business
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🏦 PAYROLL SPECIALISTS FOR IRISH SMEs OPTiM Payroll specialises in payroll for all sizes of SMEs - businesses who wish to concentrate on growing their businesses We ensure: ✅ Accurate, compliant & timely PAYE, USC, PRSI calculations & deductions 1/
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We ensure: ✅ Structured weekly, bi-weekly or monthly pay-run processes ✅ Full documentation and audit trail AVOID 🔴 Revenue penalties 🔴 Overpayments or underpayments 🔴 Employee dissatisfaction You grow your business - we look after your payroll 2/
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OPTiM Payroll provides a tailor-made service to suit your individual business requirements - a complete payroll service that is efficient, reliable & affordable. Contact us at Michael O’Hare: +353 87 2318759 [email protected] Rowena Parker: +353 87 2857116 [email protected]
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