The payroll team will handle all administrative aspects of paying your employee/s. Whether you are a one person company or two person partnership or a large employer, the payroll team will make all calculations so as to correctly deduct National Insurance Contributions and PAYE. The service will embrace:
- Calculating PAYE and NIC
- Holiday Pay
- Statutory benefit payment calculations
- Calculating and administering non-statutory deductions
- Preparing and printing branded payslips, posted or emailed direct to employees
- Payment by BACS
- Reporting under Real Time Information (RTI) including processing Form P45
- Preparing and processing end of year returns and online filing (subject to registration with HMRC)
- SMS notification of payments if required
- Monthly payroll reporting to HMRC
- Producing Forms P11D
- Payment of Tax and NIC
- Payment of non-statutory disbursements e.g. pension contributions
- Processing expenses
- Payroll Advice and assistance
- Payment transfers
- Detailed Tax planning schedules and computations for small businesses
- Personal Tax planning schedules
- Dividend Vouchers (in case of private companies)
- CIS deductions
