Management Accounts

Payroll

Managing your payroll can be time consuming and a drain on your resources

Payroll, in summary, is the company’s list of employees, but the term is commonly used to refer to the total amount of money that the company pays to its employees. Businesses normally have to operate PAYE(Paye As You Earn) as part of payroll. PAYE is HMRC’s system to collect income tax and national insurance from your employees.

 

The task is made more difficult by the constant changes with tax legislation each year and the possibilities of incurring penalties for non-compliance. The introduction of Auto-Enrolment to make businesses responsible for pensions is another time-consuming payroll task which can prove daunting for employers.

 

We can provide a fully compliant payroll service which is crucial to the running of your business, ensuring all your payroll and pension processes are effectively managed and submitted on time.

 

We prepare accurate trading figures as early as possible for you, which allows you to make better decisions, which helps you to drive your business growth.

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