Payroll
Payroll can be time consuming and complicated. Whatever, the size of your business, whether you have 1 employee or 1,000 we provide a complete bureau service providing you with timely and accurate payslips, calculation of monthly payments due to HM Revenue and Customs and completion of all statutory return forms.
We can also help you prepare employee contracts and disciplinary procedures. We encourage ongoing training to our experienced team, so that they are always able to advise you on current employment matters such as Paternity Leave and the Working Time Directive.
CIS
The new Construction Industry Scheme (CIS) was introduced on 6 April 2007.
Under the new scheme subcontractors may be entitled to receive payments without deduction of tax, have a standard deduction rate of 20%, or could even be liable to a higher rate deduction of 30%. Contractors will now have to issue payment and deduction summaries to their sub-contractors and submit monthly returns to HMRC.
To ensure that your business is compliant with these new rules and avoid the automatic penalties that HMRC can now impose, our team can advise on the procedures that you need to make or take the task in-house on your behalf.