Payroll

Payroll

When do you need to run Payroll?
If your business employs people, you are obliged to set up a payroll system in order to deduct the correct amount of tax and National Insurance contributions (NICs) from their pay. In addition to their taxes, your system will need to be able to handle any changes in employees' taxable benefits (e.g. company cars), and payroll deductions (e.g. pension contributions or student loan repayments).

How we can help?
We offer a complete payroll service

We will set up PAYE and prepare your UK payroll for each payroll period to meet UK employment tax requirements and calculate:

  • Pay as you earn (PAYE) deductions
  • Employee’s National Insurance Contributions (NIC) deductions
  • Employer’s NIC liabilities
  • Statutory payments, for example, Statutory Sick Pay and/or Statutory Maternity Pay
  • Student loan and other statutory and non statutory deductions


We will prepare and send to you the following documents for each payroll period at or before the time of payment

  • Payroll summary report showing the reconciliation from gross to net for each employee and all relevant payroll totals
  • A payslip for each employee
  • A P45 for each leaver
  • A report showing your PAYE and NIC liability and due date for payment


We will prepare and send you the following documents by the statutory due dates at the end of each payroll year:

  • A summary of the annual employer’s declarations, including the total payroll payments and deductions for your approval before the year end online declaration is made to HMRC
  • P14 or P60 for all staff who were on the payroll during the payroll year
  • We will electronically submit your annual declaration and forms P14

Contact us now to discuss your requirements; call us on 02380760319 or fill out our contact form and we will call you back.

benefits

For more details on services tailored to your type of business, select your type of business above

Lets talk

To discuss your particular
needs, call us at 02380760319 or fill out our contact form and we will call you back.
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