Payroll- wages- salaries can be complex – even when it’s just the business owner! You need to understand tax codes, pensions, national insurance contributions – and so much more.
How do you know how much tax to deduct?
What’s an emergency tax code for?
Who receives a tax rebate
There are dozens of things you need to know, but there’s another question:
How long will all this take you?
Payroll is part of our expertise – you don’t need to know the answers to all the questions – just leave it to us, because we do!
All you have to do is give us the raw information on pay rates, overtime, salaries, pensions, etc and we’ll do all the calculations and deductions, prepare the payslips and tell you what your tax and national insurance payments are and any pensions deposits required.
Management of starters and leavers P46 – P45’s
Year end P35 and P14 on line filing automatically with the Inland Revenue
Issue of P60’s to your employees
Preparation of P11Ds, if required
You can have a fully managed CIS scheme (Construction Industry Scheme) to ensure that your subcontractors are deducted the correct amount of tax and that verification is obtained from the Revenue.
CIS Monthly returns have to be filed monthly to avoid fine and penalties. Don’t let this role get in the way of your business. Accounting Plus UK is fully equipped to deal with this is a quick and efficient manner to ensure your returns are filed correctly and on time.
Legislation constantly changes and you can be sure we’ll keep up to date and ensure you don’t suffer from being fined for missed deadlines.