Payroll Services
Payroll and PAYE
As a business you may employ staff or be considering taking on your first member of staff but employing staff can come with lots of administration that you may not be prepared to do. Our Payroll Management service can help you to ensure your employees are paid on time and accurately, as well as submitting the necessary reports to HMRC on your behalf to comply with Real Time Information (RTI) requirements, leaving you to concentrate on growing your business.
Before you carry out your first payroll run, you must first register as an employer with HMRC, even if you are only employing yourself as a director of a limited company. You also need to register if you start using CIS subcontractors for construction work. Once registered, you will then receive your employer PAYE reference number.
Once you are set up and ready to pay your employees either weekly, fortnightly or monthly, we can help you with your payroll responsibilities of:
- collecting & keeping records of your employee's details
- providing employees with payslips
- making PAYE & NIC deductions as required
- making payments to HMRC for your employer PAYE liabilities
Auto-enrolment
Under the Pensions Act 2008, every employer must enrol certain employees into a pension scheme and contribute towards it. Every employer must enrol their staff into a workplace pension scheme if they:
- are aged between 22 and the State Pension Age
- earn at least £10,000 a year
- work in the UK
Payroll is a complicated and complex process and has to be done on time. We are to help you get your payroll right, please contact us to arrange a free, no obligation consultation.
Our professional, tailor made Payroll services include:
- HMRC registration of employer, processing starters and leavers, running everyday payroll RTI (real-time information);
- Calculation of SSP, SMP and other statutory payments
- Holiday pay calculations
- Student Loan deductions
- Attachment of Earnings deductions
- Provision of payslips
- Processing and issuing mandatory forms P45/P46 & P11D for taxable benefits
- Auto-enrolment
- PAYE (Pay As You Earn) & NIC (National Insurance Contributions)
- CIS (Construction Industry Scheme)
- Year end Payroll reports - P35, P60, P14, P46 & P11D
- Sending HMRC Full Payment Submission (FPS) each payday
If you require any further information, please contact us for a free of charge, no obligation consultation to discuss your requirements.