New to Payroll?
We help clients to stay compliant with the latest tax legislation, and keep them informed of upcoming changes to the way they pay their employees. This might include changes to the minimum wage or workplace pension contribution changes, which can change as often as once a year.
Getting payroll right is important
Most cloud-based systems have intuitive payroll suites, but the devil really is in the detail when it comes to payroll. Nobody likes underpaid tax reducing their expected take-home for future months.
If you're a Director, take extra care
For Directors with a shareholding, getting the right balance of salary and dividends (providing the company is eligible to pay them) is key to being tax efficient. The benefit of paying Dividends has reduced in recent years - the right balance has never been more important.
and don't forget your P11Ds!
There’s expenses and benefits declarations to think about too — with a P11D and P11Db submission to HMRC due by 6th July after every year end. If you miss the deadline, you're likely to incur penalties from HMRC.