You are running a growing business, responsible for paying people a salary, on time.
Paying HMRC is a part of that responsibility, with a zero level margin for error. Isn’t that a reason in itself to outsource your payroll?
If you are still not convinced:
Your business is small, with just one member of staff; your funds are stretched and you can do this job yourself, with the odd headache, at the weekend.
You cannot undertake a highly professional role, and expect to avoid trouble. Your staff deserve better; as a serious company owner, confident and level headed, you owe more to your business, whether small, medium or large.
Using highly developed, error free software (IRIS PAYE Master):
Put simply, weekly, monthly or quarterly payroll is for a qualified accountant to handle, in conjunction with your other accountancy and bookkeeping records.
It makes sense to minimise the danger of high cost in depth tax investigation enquiries.
If you are a subcontractor, you will need to register and communicate with HM Revenue & Customs (HMRC), to ensure that you are paid the correct amount, with accurate deductions.
Ossmans
Tel: 020 8330 7711
Email:
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591 London Road, North Cheam, Surrey SM3 9AG
*specialities at Ossmans
Running the payroll for shareholders of owner managed businesses: dealing with more tax efficient methods on the split between dividends and salaries.
**Construction Industry Scheme (CIS)
If your business operates as a contractor under the Construction Industry Scheme (CIS), certain issues apply when you pay subcontractors for construction work.
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