Payroll Month definition
Examples of Payroll Month in a sentence
The postponement must be requested by the Client by email before the 5th of the month of the First Payroll Month.
The Client agrees to provide accurate, up-to-date and complete Onboarding Documentation no later than the 10th day of the First Payroll Month, failing which PayFit shall be free not to proceed with the Client's Onboarding and to reschedule it to a later date.
PayFit must be notified of any discrepancies within three (3) Business Days after the update of the Client's HMRC account and no later than the 15th of the month following the First Payroll Month.
The term "Payroll Month" shall mean the period measured from the Sunday following the last Saturday of the preceding month to the last Saturday of the current month.
If the Client fails to provide the Onboarding Documentation in accordance with the conditions set forth in the Agreement, the Client may request a 1 (one) to 3 (three) months' postponement of the First Payroll Month, free of charge.
The Agreement is for an initial period commencing on the Effective Date and expiring at the end of the First Payroll Month (the “Initial Term”).