Payroll & year-end returns

How we can help with your end of year payroll

Once you take on employees, this opens up an additional responsibility for payroll. The payroll year end process can be complicated and must be done accurately and on time to comply with HMRC requirements. Navigating multiple deadlines, submission dates, and ensuring all employee payroll records are correct can be daunting and confusing.

We can take all this on for you. We run payroll the right way and on time, providing a tailor-made service for your business, which includes:

• Employee payslips and final payslips for the payroll year end

• Monthly payroll summaries and departmental reports

• Completion of P45s for leavers and processing new starters

• Submission of PAYE returns, including full payment submission (FPS) and employer payment summary (EPS) to HMRC

• Assistance with automated payment set-up to your employees

• Construction Industry Scheme (CIS) returns

• Production of payroll year end returns at a reduced cost, including P35, P60s, and P11Ds

How we help

We can produce the end of year returns from your own payroll data and assist with the correct completion of P11Ds for employees’ expenses and benefits, including payroll benefits and childcare vouchers.

We calculate statutory sick pay, maternity pay, and deal with student loan deductions, ensuring compliance with intermediaries legislation where applicable. Our comprehensive advice covers employment tax issues, from planning tax-efficient remuneration strategies to preparing for retirement.

Whether considering inducement payments or termination payments, the tax issues are often fundamental to the decisions involved. When recruiting new employees, a tax-efficient remuneration structure can be significant in today’s competitive market.

We ensure your payroll year end submission is accurate and timely, including the final full payment submission (final FPS) and final employer payment summary (final EPS), helping you meet the payroll year end deadline and avoid penalties.

Why choose us?

Our expertise as seasoned payroll professionals means we can manage multiple payrolls, weekly payrolls, monthly payrolls, and handle complex payroll year end returns with ease. We also assist with claims for employment allowance and manage deferred National Insurance contributions where applicable.

Trust us to help you navigate the payroll tax year smoothly, so you can focus on growing your business.

For more information on payroll & year-end returns, contact us.

Why choose us?