You normally need to register as an employer with HMRC when you start employing staff, or using subcontractors for construction work. You also must register if you are employing yourself as the director of limited company.
As an employer you will need to run a payroll and submit RTI (Real Time Information) Returns to HMRC on each pay day. Unfortunately penalties starting at £100 per missed RTI return are payable to HMRC and any underpaid tax and NI due will also accrue interest.
Therefore, it essential to have a good payroll provider in place straight away to avoid costly penalties and to ensure a smooth process when paying your employees.
We can take care of everything necessary for your company to be completely compliant with all of the rules and regulations stipulated by HMRC.
If you choose us to complete your payroll you will receive all of the following benefits for a low monthly fixed fee:
- Submission of your RTI Returns
- The production of your payslips, either weekly, fortnightly, monthly or on irregular basis
- Production and processing of your employee’s starter/leaver/year end forms such as P45, P46, P60 etc.
- The processing and claiming of employment allowance on your behalf
- Your employees holiday pay, SSP (Statutory Sick Pay), SMP (Statutory Maternity Pay) and student loan deductions
- We will email your payslips/forms and other information to ensure a speedy and efficient service
- We will correspond with HMRC on your behalf
- We will email or call you to remind you when your payroll is due, reducing the risk of penalties being issued for late filing
- Unlimited payroll help and advice throughout the year
Our team help
If you you need any help with your business accounting,
feel free to call us at 07500 047910 or
