The task of payroll processing can often divert you from your core business activity. It is our job at Tax4Today to help and take the worry and time out of this process for you.
By allowing us to look after your payroll activity, we will free up more time for your staff to attend to other business areas, therefore creating more opportunities and raising efficiency in the business.
Our payroll services are thorough and, of course, compliant with HMRC statutory requirements. We can deal with every aspect of UK wages and salary requirements including:
- Setting up a new payroll system;
- Day to day payroll processing;
- Dealing with PAYE and National Insurance deductions;
- Completing your end of year returns;
- Holiday pay;
- Statutory pay and
- Stakeholder pensions.
For an informal chat please call us now to discuss the options available to you.
The Construction Industry Scheme (CIS) is a set of special rules for tax and national insurance for those working in the construction industry. Businesses in the construction industry are known as ‘contractors’ and ‘subcontractors’. Under the scheme, building contractors are required to register with HMRC. These contractors must follow the scheme rules to ensure they deduct CIS tax from a subcontractor’s payments and pass it to HMRC.
This can be a complex scheme and we are experienced with dealing with the necessary paperwork for anyone using the scheme. There are many deadlines that must be met and we can deal with ensuring your compliance with the scheme as well as dealing with HMRC on your behalf. This can include managing all aspects of the CIS contractor monthly returns. There are penalties for late or inaccurate submission of the returns. The requirement to file monthly returns online has been compulsory since April 2016.
As well as helping with the CIS, we also have detailed knowledge of the construction industry and can help with any of your other tax requirements.
Please contact us on 0330 053 7042 to arrange a free no obligation meeting.