Administering your payroll is becoming more difficult due to the growing complexity of taxation. Additionally, you have to keep up with the changes in the employment legislation. Finally, you have to deal with the regime of non-compliance penalties.
As a result, running your payroll can be time consuming. It will also divert valuable energy and resources from the main activities of your business. We can relieve you from administering your payroll by providing an efficient, confidential service. It includes customised payslips, administration of PAYE, national insurance, etc.
We will run your payroll in a timely manner and can provide tailor made services for you including:
- Employee payslips
- Monthly summaries
- Dealing with leavers and starters
- Real Time Information (RTI) PAYE returns for the Revenue
- CIS returns completed by us
- Employee summary P60’s
- P11D and P9D benefit and expenses returns and many more.
Therefore, you will never have to worry about calculating sick pay, maternity pay or student loan deductions ever again.
PAYE stands for Pay As You Earn. This is the system used by HMRC to collect income tax and national insurance from employees as well as the employer’s national insurance. Each business that employs staff needs to make the necessary deductions from the pay of the employees. These deductions are then paid over to HMRC. We offer a broad range of PAYE services. This allows the clients to tailor it to their specific requirements. Thus, you will have big savings, compared to “a one price for all”, favoured by many accountants. Even some of our larger clients who handle their own PAYE, still use us for advice on PAYE/NIC issues. If you take out one of our other services, such as bookkeeping, or accounts, then our PAYE services are offered at a significant discount. Most of our clients have started out as ambitious, one-man operations, doing everything themselves. However, that changes the day you take on your first employee and became an unpaid tax collector.
What we can do for you
As the company grows you find out that you will need an extra pair of hands to help you keep the business successful. The growth of your business gives you the responsibility to properly administer a payroll. Many clients find administering the payroll and PAYE increasingly difficult and time consuming. Particularly when they evolved from one-man to a medium sized company with many employees. Whatever your needs are, we can surely help to ease your burden by administering your payroll.