If your company wants to take on employees or directors, you are required by law to register as an employer and run a PAYE payroll. This can also be the case if you privately employ a domestic help, such as a cleaner, cook or a gardener. Even if you are the only person in your limited company, if you receive a salary you will be both employer and employee and as such may need to operate PAYE.

Running a payroll takes time that could be better spent earning money for your business. And the growing complexity of tax and employment laws means that you face the growing risk of paying penalties for unintentionally breaking those laws.

That is why we offer a competitive, comprehensive and confidential payroll service, which includes:

• Processing payslips and advising you on the tax to pay HMRC and the net pay for each employee
• Dealing with complications, such as statutory sick pay and termination pay
• Completing all year end employer returns for HMRC and filing them online for you.

We also offer advice on:

• Saving tax using salary sacrifice schemes
• Tax free employee benefits and share incentive schemes
• National insurance savings on bonus payments
• Remuneration planning for directors
• Reduced compliance for students and part-time employees
• Exemptions from completing additional forms for expense payments
• Quarterly payroll systems, if your PAYE levels are low.

Alternatively, it may be more cost effective for you to operate a payroll system in-house. In which case, we would be happy to work as your payroll consultant: helping you select the appropriate software and providing ad-hoc advice on payroll queries.

Please contact us if you would like to discuss any aspect of staff remuneration including payroll management.