Making sure your employees & HMRC are paid on time, the correct amount and for the work done, can be very time consuming. Committing you to form filling or using software, which needs to be updated regularly, due to constant changing tax rates & legislation, can become a real headache.
It is a legal obligation if you are employing someone, casual or full time, to pay them & HMRC relevant amounts & record the information. Regardless if you are a limited company or not. Some of the things you will need to adhere/include (this list is not exhaustive) are:
- Working Time Directive
- Minimum Wage
- Pension Payments
- Auto Enrolment
- National Insurance
- Income Tax
When all you really want to do, is run your business and have less worry.
The legislation is complex and non-compliance, can lead to substantial fines, especially with “real time information and Auto Enrolment”. You could also overpay or potentially have employee tribunals, if it is not carried out correctly.
Our payroll service has been designed to take all these hassle’s away from you and let you get on with what you do best, run your business.
To find out more about our Payroll service and how it can free up your time, call us or complete the form below and we will call you back.