A complex, ever-changing landscape
Payroll can be incredibly time-consuming, with the added pressure of ensuring it is completed accurately and to a specific deadline.
As an employer, you are required to submit payroll information, as well as national insurance and PAYE tax, to HMRC every time you pay an employee. There are many questions you need to answer each time you run your payroll.
How much national insurance should the company be paying? How do you deal with childcare vouchers? How do you reclaim statutory maternity pay paid to an employee? What can you do about auto-enrolment? And should this freelancer really be classed as an employee under IR35?
Payroll can easily be separated from other accounting activities, and so therefore can be contracted out to a professional team to give you peace of mind that your payroll is being run accurately.
Not only can Essendon Accounts & Tax look after your weekly and monthly payrolls, we can talk to HMRC on your behalf to deal with any issues that may arise and save you valuable time that could be better spent on focusing on your business.