Revolut has integrated payroll for management software into its business banking offering.
In Brief:
The Payroll feature calculates salary, taxes, pay runs, National Insurance and pension contribution.
Revolut Business customers can access all of this through a single app.
It enables business owners to make real-time adjustments.
What does this mean?
The function, synced with HMRC on a daily basis, aims to make life easier for business owners by affording them more flexibility and being easy to set up.