Tax
FTA rates for payroll teams drops in FY22, CloudPay finds
The report, which is in its fourth year, shows a decline in global FTA of 0.87%, with the EMEA region experiencing the greatest fall of 2% due to economic instability
Companies have been making additional payments throughout the month due to the rising cost-of-living, with First Time Approval (FTA) rates for payroll teams dropping last year, yet payroll teams are pressured to improve the process, according to a CloudPay report.
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