Payroll

Payroll

Have I paid my employees on time? Have I deducted the right amount of income tax, national insurance and pension from their salary? Have I accounted for taxable benefits I provide my employees? Have I claimed for the employer allowance and am I eligible for it? By when do I have to pay PAYE to HMRC? Wait! have I enrolled for a pension scheme?….and the list goes on.

With Accord Accountancy by your side, you do not have to ask yourself these rhetorical questions every single time when running payroll and have peace of mind as we can help you with the following tasks:

  • Registration for PAYE
  • Registering with Pension Provider of your choice
  • Weekly or monthly payslips for all employees
  • Payroll summary report
  • Generating P32, allowing the employer to know their PAYE liability
  • Provision of Net Wages Report, ensuring employers can make correct payments to their employees
  • Dealing with new joiners and leavers
  • Generating P60s for employees, providing summary of annual income and taxes
  • Generating P45s for leavers, providing summary of year-to-date earnings and taxes
  • P11D preparation and filing for benefit in kind
  • Filling of RTI PAYE return so HMRC