Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. The task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance.

In response to this, a comprehensive and confidential payroll service is available, including customised payslips, administration of PAYE, national insurance & statutory sick pay, completion of statutory forms including year end returns to issue your employees and submit to HM Revenue & Customs.

The term IR35 relates to legislation intended to apply a PAYE and NIC charge on earnings from a company or partnership, which is termed an intermediary by the rules. It prevents the lower rates of tax that would otherwise apply. The firm can advise on whether your company is subject to the personal services legislation on a contract by contract basis and can seek an opinion from HM Revenue & Customs where required.

The service includes calculation of the deemed salary, preparation of the corporation tax computations using the prescribed method, preparation and submission of the supplementary P35 and P14's and advice on how much tax and national insurance to pay.