Payroll

Running a payroll is time consuming as well as complicated, especially with all of the new legislation that HMRC implement each year.

Real Time Information and Auto Enrolment Pension Schemes are just the latest areas of red tape that small businesses have to deal with. Imagine having to assess whether your employees are eligible for a pension scheme each month and then running a payroll that incorporates this into their salary.

Add in the complications that exist when you have joiners, leaver, statutory sick pay, maternity pay, minimum wage etc. Need I go on! 

Why bother doing this yourself when we can do this for you for a very small fee.

We would supply you with an electronic monthly payslip for all employees and submit the data over to HMRC to ensure you are fully compliant and tax efficient.

If your payroll is a little more complex than standard, we work closely with a payroll provider who would run this for you with us monitoring and maintaining the whole process. All you would have to do is to inform them each month of exactly what your employees earned and they will do the rest.


So what are you waiting for?

Call us today on 0151 724 3960 to arrange your free consultation.

Alternatively, you can email us at admin@mjfaccountancy.co.uk or you can use our website contact form.

Changing priorities at HMRC

HMRC has shared a statement about how they are prioritising change in the department and as a result some parts of MTD will be delayed.

08 May 2018

GDPR compliance deadline looms

The Federation of Small Businesses (FSB) is warning small and medium-sized enterprises that time is running out for them to prepare.

08 May 2018

Tax reliefs following the Scottish Budget

The Government has stated that it will ensure that tax reliefs continue to work as they were intended as the new Scottish Income Tax rates and bands are introduced.

08 May 2018

EMI options may not qualify for tax relief

The Enterprise Management Incentive (EMI) allows selected employees (often key to the employer) to be given the opportunity to acquire a significant number of shares in their employer through the issue of options.

08 May 2018

P11D deadline approaching

The forms P11D which report details of benefits and some expenses provided to employees and directors for the year ended 5 April 2018, are due for submission to HMRC.

08 May 2018

VAT fuel scale charges

HMRC have issued details of the updated VAT fuel scale charges which apply from the beginning of the next prescribed VAT accounting period starting on or after 1 May 2018.

08 May 2018

HMRC consultation on benefits exemption for workplace charging facilities

HMRC are consulting on the tax exemption which will apply from 6 April 2018 on workplace electric charging facilities used by employees.

08 May 2018

GDPR

New data protection rules from General Data Protection Regulation (GDPR) will replace the Data Protection Act in the UK from 25 May 2018.

04 Apr 2018