A ghost employee is someone being paid on the payroll who doesn’t actually work for the company.
Through false payroll records a fraudster can pay a ghost employee. The ghost employee may be a false person or a real individual who simply doesn’t work for the employer.
The scheme works if:
Companies need to focus on internal controls and process improvement.
Preventing ghosts on your payroll includes:
Remember: The fraudster is only successful if they have unmonitored access.
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All businesses who employ staff must rely on a series of controls to ensure that their payroll is being accounted for correctly. Depending on the nature and size of the business these controls can range from very basic to very thorough.
Summarised below are some of the basic key controls that should be in place in a payroll system.
Where it is practical, different stages of the payroll process should be carried out by different people. For example, the person who processes the payroll should not be Read more
The Social Welfare and Pensions Act 2014 provides that PRSI class S now includes the spouse or civil partner of a self-employed person where he/she participates in the business, performing the same or ancillary tasks, but not as a partner or an employee.
This is subject to the annual income threshold of €5,000 that currently applies to self-employed contributors under PRSI Class S.
Previously a spouse or a civil partner of a self-employed person did not make any PRSI contributions and were not insured for any benefits.
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