As soon as you start to employ staff (even if it's just yourself) you need to set up and run the Pay As You Earn scheme. Whether you intend to manage the monthly and annual submissions using the HMRC's RTI software yourself or not, we can help to set up your business with HMRC. If you prefer we can take this responsibility off your shoulders and our team can provide a comprehensive Payroll service for your business on your behalf.
We can also advise on the contractors scheme (CIS) and provide support in managing the reporting of payments and liabilities under the scheme.
Our management of your payroll can include some or all of the following:
- National Insurance
- Annual returns
- Issuing payslips
- Providing journals for nominal ledger recording
- Submitting records to HMRC
- Making payments (BACS) on your account to transfer funds to employees and HMRC
- Accounting for deductions, Statutory Sick Pay and pension contributions
- Assisting with RTI filing
- Advice and guidance on auto enrolment
Talk to our friendly team today on 01305 264573 and discuss how we can help your business by running your Payroll for you.
Our website is being improved and will shortly include a facility for file sharing and secure messaging between Client and Accountant....
HMRC’s Making Tax Digital (MTD) initiative is set to transform the way that accountants work with their clients. Starting from 2018, this new digital tax system will revolutionise the tax return as we know it for both individual and business. The main aim is to make tax administration more effective, efficient and easier for taxpayers through the implementation of a fully digitalised tax system. The changes will apply to a wide range of taxpayers, including most businesses, self-employed professionals and landlords....