Paying employees is among the most vital tasks any business must perform, Payroll can be time consuming and complicated and divert resources from core activities of your business.
With the implementation of Real Time Information, HMRC require information generally on or before the date of payment to the employee. Outsourcing this activity also helps relieve the pressure and we can offer cost-effective solutions. We are able to provide the complete service, whatever the size or complexity of your business, or simply provide support when needed.
Our service includes:
- Communication regarding pay and hours – weekly, fortnightly or monthly
- Processing and calculating the payroll
- Producing and sending payslips (post or electronic)
- Calculation of PAYE liability with HMRC
- BACS Payment to employees
Auto Enrolment it is now a legal requirement, employers of all sizes, must now offer their staff a workplace pension.
We can assist you and your business prepare for Auto Enrolment, help assess the cost of running a scheme and assist in the set up and administration of a scheme which is fully compliant.
Construction Industry Scheme (CIS)
If you work within the Construction Industry and employ the services of subcontractors, you may have to deduct CIS tax from payments and report these to HMRC.
In order to do this, you will need to check and verify the status of any subcontractors with HMRC prior to engaging their services.
This can be complicated and take a lot of time for a contractor. We can help by:
- Registering your business for CIS
- Verify the status of any subcontractors
- Calculate net payments to be made
- Calculate amounts due to HMRC
- Submit monthly CIS returns to HMRC
- Claim CIS overpayments
- Avoid penalties of at least £100 per monthly return
Require more information?
If you would like more information or would like to speak to us direct then call us on 01964 631451. Or if you would prefer, ask us a question online.