Make sure your employee PAYE & Payroll is up to date and accurate.
Businesses have a responsibility to ensure that employee salaries and benefits adhere to HMRC’s PAYE tax and national insurance rules. Also making sure all employees receive accurate accountability for the hard work they have given to the business.
Taxation on wages, salaries, mileage allowances, private health insurance, company cars for example, all need to comply with HMRC.
The penalty for incorrect compliance can be sever with interest being charged by the HMRC or penalties of up to 100% of the tax and national insurance in question.
Business often need guidance from professional accountancy firms to keep them up-to-date with the latest rules and to ensure tax compliance is adhered to.
Our PAYE & Payroll services include:
- Advice on the latest rules and regulations
- Assistance at the end of year TAX return with computations
- Advice and support with HMRC investigations
- Solutions for tax efficient benefit packages
- Offer customised payslips
- Carry out payroll reports
- Administer your PAYE, national insurance, statutory sick pay and statutory maternity, paternity and adoption pay
- Summaries and analyses staff costs
Running your own payroll can prove to be very both time-consuming, complicated, and resource draining on the business leading with additional task, stress and overheads. S K Malik & Co offer a professional PAYE & payroll services with trained internal experts who understand the specific requirements of taxation and legislation are adhered to. This will also ensure your employees are paid accurately and on time whilst meeting your obligations as an employer.
Regardless if you’re a small business with one employee through to larger firms with hundreds of staff, we approach each and every PAYE & payroll client with dedication and care.
To find out how we can help you, please contact us.
