Payroll can be genuine task for businesses, from independent business owner to small and large businesses. With constant new changes in legislation payroll is no more a simple job. Consider, outsourcing your payroll.
By Total Tax Accountant
If you are a sole trader or a Limited company who employee and pays more than £116* / week in salary then you must register for PAYE and deduct tax and national insurance at source for your staff.
All such employers have to register for a PAYE Scheme – PAYE i.e Pay As You Earn. This scheme aims at deducting the income tax (PAYE) and National Insurance (NI) from your employee’s salary and pay it to HMRC. The employer is required to contribute into NI (13.8% Class 1) as well. Payroll Tax liabilities need to be paid by the 22nd of the following month.
How we can help !
Payroll can be genuine task for businesses, from independent business owner to small and large businesses. With constant new changes in legislation payroll is not more a simple job.
At Total Tax Accountants we can take care of your payroll for all your staff. We will update you with all new legislation so don’t have to. With over 25+ years of experience you can be sure that your payroll is in safe hands.
Why Choose Us !
- Our prices– We offer very competitive price for payroll.
- Transparency– No hidden cost, you only pay what you are quoted for each employee.
- Guaranteed service– We will never delay your staff payslip or RTI submission to HMRC. This is save you from unnecessary financial penalties.
- We work with you– Our sophisticated system will allow you to update your staff details, remove and issue P45s and P60s as and when required. You will be issued with your own unique username and password to see work in action.