Payroll Services for smaller businesses. We operate a Payroll Bureau for our clients to help take care of this sometimes complicated and time-consuming area of running your business.
Our clients include owner managed businesses and those employing 20+ staff, running weekly or monthly payrolls. Talk to us about the type of service you require and we will try to help in the best way possible.
Our Payroll services include the following :-
We process the information you provide to prepare either weekly or monthly payslips, which are emailed securely to your employees.
Payroll information is submitted to HMRC under RTI.
We can verify sub-contractors to determine the correct deduction rate to use and submit a CIS300 each month, on your behalf, to HMRC by the due date.
Any CIS suffered is recorded and utilised, where appropriate, to offset against CIS, PAYE & NI liabilities. CIS Suffered is submitted to HMRC as an EPS by the due date.
Payment Certificates are issued to Sub-contractors each month who are subject to deduction.
We will provide a Report detailing the employees Net pay either on a weekly or monthly basis. The monthly Report will also include the amount to pay to HMRC for PAYE & NI (adjusted for trhe Employers Allowance and CIS, where applicable).
We will also advise you of the due dates to pay HMRC, to avoid interest and potential penalties.
P11D’s should be prepared for all employees earning over £8,500 p.a. There are circumstances where businesses may apply for a dispensation that removes the requirement to report certain expenses and benefits on a P11D.
The P11D notifies HMRC of any benefit the employee has received during the tax year. A P11D(b) must be filed at the same time as the P11D to notify HMRC of any Class 1A NIC liability due.
We will issue P45’s when an employee leaves and distribute P60’s to all employees at the end of the Tax Year. We can handle Auto-Enrolment, Student Loans, Attachment of Earnings, SSP, SMP, SPP & SAP and our system is RTI compliant.
Please Contact Us if you would like more information about our cost effective Payroll Services.
Our Other Services
We are firm believers that the production of regular and accurate Management information greatly helps small business owners control the business finances. Access to up-to-date and accurate financial information is crucial to understanding how your business is performing and helps with the day-to-day decision-making and on-going business strategy.
All Limited Companies must prepare Year End Accounts for their shareholders and a copy must be filed with Companies House. Dependent on the size of the Company (as defined by the Companies Act 2006)** either full or abbreviated Year End Accounts are filed online with Companies House. The accounts are also used as the basis for the calculation of Corporation Tax and a copy is also filed online with HMRC. We prepare full and abbreviated Year End Accounts for small and growing businesses and file these online with the relevant regulatory bodies on behalf of our clients.
Can’t see the wood for the trees? Sometimes it’s difficult to see if things are going wrong when you’re working hard inside the business. The economic downturn has changed our priorities to minimise costs and maximise revenue opportunities, but does this mean the business is under the same tight control it always used to be? Today’s pressures may be impacting on how your business is being run and you may possibly be too busy driving the business forward to stop and review where improvements could be made.
An experienced and qualified finance professional (Chartered Accountant) acting as part time Financial Director/CFO can provide the skills and knowledge you need at a lower cost than a full time employee. If your business is growing and you now need experienced support, then our services can help deliver the right skills and support so you can focus on running and expanding your business with regular and accurate financial information.