Chartered Tax Advisers & Accountants

Payroll and Employee Taxes

The actual process of paying employees and complying with HMRC’s requirements can be time consuming and sometimes confusing.  Getting it wrong can be very costly due to HMRC’s penalty regime.

We can help with this and our services include:

Since the introduction of Real Time Information (RTI), there is an additional burden for employers to make sure that their payroll software is capable of dealing with the monthly reporting requirements.

We maintain employee records and process RTI compliant payrolls on a weekly, fortnightly or monthly basis.  Our payroll clients range from a variety of different industries, including:

  • Leisure
  • Construction (including CIS returns)
  • Expatriate services
  • Oil and Gas
  • Retail

We keep our clients informed of payroll changes and our in house tax expertise is available to advise on difficult payroll issues.  All data is securely backed up on our servers and there is no need for clients to invest in payroll related software or technology upgrades.

The rules for the reporting of non cash expenses and benefits can be complex.  We work with our clients to gather the information to prepare the annual reporting forms P11D which have to be submitted to HMRC by 6 July following the end of the tax year.  In addition, we prepare the form P11D(b) and calculate the employer Class 1A National Insurance Contributions payable.

There may be occasions when an employer decides to provide employees with an adhoc non cash benefit as recognition for a particular achievement.  Such awards are usually taxable, however, the positive message of the reward might be diluted if the employee was to suffer tax on the benefit.  An employer can agree to take on the responsibility for paying the tax and this can be done by entering into a PAYE Settlement Agreement with HMRC. 

We help identify which benefits can be covered by an agreement and make the application to HMRC on behalf of the employer.  Once agreed, we calculate the liability and prepare the submission to be sent to HMRC.