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choose us
The Big Picture
| How we help
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PAYE
As PAYE becomes more and more complex, time consuming
to process and expensive to update the annually changing parameters,
many businesses are now outsourcing this accounting function to
a specialist PAYE bureau. This bureau is then responsible for
wages processing, staff cover, technical aspects, IT equipment
maintenance, stationery procurement and maintaining the general
confidentiality of this sensitive information.
We offer a complete PAYE bureau facility, where
individual services can be selected from the following options,
to free your time and allow you to concentrate on running your
business:
- You advise us of the gross pay, for a weekly, fortnightly,
four weekly, monthly or quarterly pay period. We calculate the
net pay, supply you with security payslips and advise you how
much PAYE and NIC to pay HM Revenue & Customs,
- Preparing all necessary forms P45, P35 and P60/P14's, before
filing these with the Inland Revenue,
- Arranging for your employees to be paid by BACS, or other
electronic means,
- Providing ongoing ad-hoc support for all of you wages queries,
- Performing PAYE/NIC
healthcheck reviews, prior to a control visit,
- Preparing forms P11d
and calculating the resultant class 1a NIC liability,
- Advising you in relation to the payroll implications of IR35,
- Advising you of the journals necessary to update your computerised
accounting records,
- Tax efficient remuneration
planning.
As well as releasing your time and ensuring the
quality of wages administration, outsourcing this function will
usually save you money. We will be responsible for software updates,
purchasing stationery and staff absenteeism cover. We will also
ensure that you pay no more PAYE/NIC tax than you absolutely have
to.
Practical Examples of our PAYE Expertise
- Operating both a PAYE and CIS bureau service for building
contractors.
- Advising in relation to the National Minimum Wage requirements.
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