The proprietor of any small business will tell you that life is simple until the day when you take on your first employee, for it is then that you find what "red-tape" really means. You become an unpaid tax collector and may even be fined for accidentally getting it wrong or sending forms in late.
Actually, dealing with payroll should not be particularly difficult. The Inland Revenue provides each employer with comprehensive manuals, flowcharts, help-cards, tax tables, free pay tables, national insurance tables and a stack of forms ready for completion and submission.
The problem is that, quite rightly, most business people have neither the time nor the inclination to wade through all of the paperwork given to them. Nor do they have the time to perform all the necessary calculations and complete all the legal forms simply to be able to pay the weekly wages.
Northams Chartered Accountants will be pleased to relieve you of the burden. You can get on with running your business in the knowledge that experienced professionals are making sure that the payroll is calculated properly and that your business complies with the law. We will deal with the Inland Revenue on your behalf and make sure that all forms are completed accurately and are submitted by the due date.
We can help with:
- Processing Payroll
- Dealing with the Inland Revenue
- Completing all year end returns
- Pension scheme adjustments
- Bonus, commission and other additional pay schemes
- Maternity and Statutory Sick Pay
- Completion of forms P35, P11d, P45, P60, P14 and all other forms required to run your payroll
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