A comprehensive payroll service is available from Mint Account Solutions accountants in Chelmsford, Essex
The growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance, mean that running your own payroll can be time consuming and difficult, diverting energy and resources from the core activities of your business. A comprehensive payroll service is available from Mint Account Solutions in Chelmsford, Essex, relieving you of this burden. Our confidential payroll service includes:
- Customised payslips
- Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
- Completion of statutory forms, including year-end returns, to issue to your employees and submit to HMRC
- Summaries and analyses of staff costs
- Administration of incentive schemes, bonuses, and ex-gratia and termination payments
- Administration of pension schemes
Even if you have only a few employees, you will make savings by engaging us to administer your payroll.
Are you ready for Real Time Information (RTI)
Since April 2013, if you run your own payroll system you must use Real Time Information (RTI) software to send your PAYE information to HMRC online every time a payment is made.
PAYE itself has not changed, just the way you send PAYE details to HMRC.
Why has RTI been introduced?
a) It improves the operation for PAYE employers, HMRC and employees.
b) It also provides accurate records of wages and tax so eligible employees will get the right amount of benefits.
c) You need to advise HMRC about payments to all employees including lower paid, temporary, irregular and casual staff, even if they are below the Lower Earnings Limit and even if they are paid only once a year.
Mint Account Solution’s Payroll services use Real Time Information (RTI), so if you would like to avoid the hassle of using this new format yourself, just call us and we’d be happy to help.
To find out more about how your business can benefit from our Jones Howard Payroll services, contact us for a no-obligation chat over a coffee.
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