When your business has developed to the level where you need to employ staff, you face new challenges such as: employment contracts, employer responsibilities, salary, PAYE taxes etc. With all that in mind it very important to start on from the right foot.
We at VMK Accountatns provide various services from registration as an employer with HM Revenue & Customs, to payroll services.
We can find the best solution for you in this area.
Consulting & Accountancy Services can provide a full package of payroll services, including payroll, monthly/annually returns preparation and submissions, P11 calculations etc.,
We help you decide what option is best for you.
From 6th of April 2013 a new RTI system was introduced. Therefore, it means it’s no longer a matter of
- how much you pay,
- how long the person is employed, or
- how many people you are employing
Any salary paid, has to be reported to the tax office.
Furthermore, this information must be reported to the tax office BEFORE the payment is made. If these compulsory declarations are not carried out, or completed incorrectly and if deadlines are not met, HM Revenue & Customs have set up high penalties.
Consulting & Accountancy Services will run your payroll for you. We will save you time and ensure that penalties are avoided.
We run payrolls on time and can provide a tailor made service for your business, including:
- Employee pay slip,
- Monthly summaries,
- Departmental reports,
- Dealing with starters and leavers,
- Provision analysis of staff cost,
- PAYE returns for Revenue,
- Assistance with automated payment set-up to your employees,
- Completing CIS returns.
You will never have to worry about calculating statutory sick pay or maternity pay nor dealing with student loan deductions ever again! And as an HMRC Accredited Agent, we will file on-line all or any of the above and ensure you obtain the benefit of any incentive payments for doing so.
VMK Accountatns provides help with running payroll quickly and efficiently, with clear prices, without any hidden charges.