Payroll, PAYE & RTI
Payroll is possibly one of the biggest and almost certainly one of the most emotive expenses incurred by any business.
An improperly paid employee is an unhappy employee; an incorrectly calculated PAYE liability or failure to make the proper return at the correct time and in the correct manner is likely to attract unwanted attention and, in the worst cases, fines from HMRC. As of April 2014 all employers are required report to HMRC for every payroll run: RTI, or Real Time Information (limited exemptions still exist but will expire in April 2016).
None of these things is adding to the continued success of your business.
What will, is an efficient and cost effective solution to your payroll and PAYE responsibilities. Let Wood Street Books relieve the administrative and legislative burden Payroll and PAYE increasingly creates:
Contact us today to see how we can help.