NIC & PAYE
P11Ds advice and completion
Did you know that most benefits and payments you make to your employees are taxable in their hands, even if these are paid outside of the payroll?
We are able to advise you on these issues, to prepare P11Ds for your employees, and to arrange HM Revenue & Customs settlements so that you comply with current tax legislation.HM Revenue & Customs are undertaking more and more PAYE investigations, and uncovering an alarming number of inconsistencies and errors with respect to payments to employees.
Instead of being caught by an investigation, rather seek professional advice upfront and ensure that you are following best practice with regards to employee payments
National Insurance Contribution
National Insurance Contribution is tax on earnings designed to fund social security benefits. Organisations employing staff are required to provide the appropriate payment each month in respect of both employee and employer’s contribution to the Inland Revenue. Deductions must appear on the employee’s pay statements.
If you require any advice on NICs, we can provide expert help and support.
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