What are your payroll responsibilities for staff members?
You will need to complete payroll for all your employed staff. This means you need to keep records and make calculations for any pay and deductions for employees under PAYE.
All this information must be submitted through Real Time Information (RTI) returns to HMRC on each payday you have in the company. This ensures that HMRC has a full picture of who works for you and what their tax liabilities should be.
Why do you need business payroll services?
You may be used to doing it all yourself or think that it’s not much work for a small business. However, if you miss a Real Time Information submission, you risk a £100 fine. That’s not something a growing business should have to deal with.
That’s why it’s so important to have a good payroll system in place as soon as possible after starting your business. The last thing your business needs is a huge fine for an avoidable mistake.
The best way to ensure you’re doing everything correctly and on time is to hire a professional payroll expert to handle everything for you.
One of the main benefits of hiring a payroll expert is that they will stay up to date with ever-changing payroll legislation that businesses need to be aware of. That means you would no longer have to waste time trying to do it all yourself or worrying whether you have done it right. You can get back to doing what you do best, building your business and making money.
Payroll services for small businesses
We provide professional business payroll services for all types of businesses and industries. Our payroll service is an additional service aside from our accounting and tax return help so you could receive a full package of financial services with Countplus Accounting.
If you opt for our full accounting and payroll service, we can help get your business all set up and running smoothly or take over from whoever was managing it all previously.
Once you start hiring staff, we can then help you manage all those payroll responsibilities so it’s one less thing to worry about. Alternatively, if you have been managing it all yourself so far, we can step in and take it from there.
Countplus Accounting offers a comprehensive business payroll service so that everything is taken care of.
We offer payroll services to small businesses and larger companies, meaning we can help businesses with a range of varied payroll needs.