PAYROLL
You and your employees are the greatest assets of your business. When it comes to paying wages you need to ensure that you understand the PAYE system, and that you are accurately accounting for tax and national insurance on any wages you pay out and reporting this information to HMRC in real time (RTI). This involves submitting your payroll electronically to HMRC every time you run your payroll, and paying the right amount to HMRC every month. You need to understand your auto enrolment responsibilities as an employer and ensure that all eligible employees are enrolled into a pension scheme. You also need to understand how to process other PAYE documents as and when you receive them, and what to do if your employee is unable to work (e.g. because of sickness, or pregnancy etc).
At Misan Assistance we have our own accounting software recognised by HMRC, which is fully compliant for RTI, Auto-enrolment and MTD (making tax digital) purposes. We would be happy to run your payroll for you for a small monthly fee or as part of an overall package. This would include providing you with monthly payslips for your employees, letting you know how much you need to pay HMRC each month, making the necessary submissions to HMRC, and assisting with your Auto Enrolment responsibilities.
If you would prefer to manage your payroll in house, we can help you set this up and be available when you need advice. You might like to consider training to use our recommended accounting software, onto which you can add payroll as an additional option. Please see our section on Accounting Software Training.
Please contact us now for your FREE no obligation initial consultation (up to 1 hour) when we would be happy to discuss which option would best suit your needs.
You and your employees are the greatest assets of your business. When it comes to paying wages you need to ensure that you understand the PAYE system, and that you are accurately accounting for tax and national insurance on any wages you pay out and reporting this information to HMRC in real time (RTI). This involves submitting your payroll electronically to HMRC every time you run your payroll, and paying the right amount to HMRC every month. You need to understand your auto enrolment responsibilities as an employer and ensure that all eligible employees are enrolled into a pension scheme. You also need to understand how to process other PAYE documents as and when you receive them, and what to do if your employee is unable to work (e.g. because of sickness, or pregnancy etc).
At Misan Assistance we have our own accounting software recognised by HMRC, which is fully compliant for RTI, Auto-enrolment and MTD (making tax digital) purposes. We would be happy to run your payroll for you for a small monthly fee or as part of an overall package. This would include providing you with monthly payslips for your employees, letting you know how much you need to pay HMRC each month, making the necessary submissions to HMRC, and assisting with your Auto Enrolment responsibilities.
If you would prefer to manage your payroll in house, we can help you set this up and be available when you need advice. You might like to consider training to use our recommended accounting software, onto which you can add payroll as an additional option. Please see our section on Accounting Software Training.
Please contact us now for your FREE no obligation initial consultation (up to 1 hour) when we would be happy to discuss which option would best suit your needs.