Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. And the task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance.
The Inland Revenue does not have the resources to check every return but if the Revenue picks up a mistake they can impose penalties. In addition to this the employer can end up paying the extra cost as there is no entitlement to collect under declared deductions from employees.
There is no doubt that operating a payroll is getting more complicated with employers having to account for ever changing tax credits such as student loans, maternity/paternity pay and stakeholder pension payments.
Our services take away the hassle. We will prepare computerised monthly payslips, tell you what to pay to your employees and how much to pay to the Inland Revenue.
At the end of the year we will complete P60’s for your employees and P14’s and P35 for the Inland Revenue and DSS.
If you or your employees receive any benefits such as a company car we can prepare the forms P11D and calculate any National Insurance due.
If you would like help with your payroll and are looking for a quality, comprehensive, affordable service, simply complete the enquiry form or call us now on 0121 778 6278.