If you have employees you will need to do payroll reporting to HMRC via RTI and ensure Auto enrolment reporting. The payroll service we prepare and file the company payroll to HMRC via RTI along with the auto enrolment and providing secure payslips to employees. We will also advise on opportunities to reduce your PAYE bill, such as the £3k employers’ allowance that is currently available to reduce your employer’s national insurance bill.
For new employees we will set them up on your payroll and ensure that auto enrolment compliance is carried out if we are doing this for you.
If you provide expenses and benefits to employees or directors, you might need to tell HMRC and pay tax and National Insurance on them.
If you provide benefits to your employees – cars, private medical insurance, gym membership, etc – we will prepare and file the annual P11D form to HMRC.
Examples of expenses and benefits include:
You’ll also need to submit a P11D(b) form if:
Your P11D(b) tells HMRC how much Class 1A National Insurance you need to pay on all the expenses and benefits you’ve provided.