The benefits

  • Save time
  • Compliance
  • Hassle-free
Accountant4
Accountant4

Why do I need to start a company payroll?

It's essential to pay your employees correctly and on time

  • Payroll is essential in any business in which people are employed to work. Payroll is needed to:
    • Calculate how much your employees need to be paid each month
    • Calculate how much tax and NIC you need to deduct from an employee's gross pay and the amount to pay over to HMRC on their behalf
    • Report employee pay details to HMRC 
    • Pay your employees! 
  • You will need to report any payments and deductions to HMRC on or before each payday and make payments before strict deadlines.
  • Maintaining a good relationship with your employees is essential to a successful business, if they're not being paid on time this can put that relationship at risk.  
Accountant9
Accountant9

How do I prepare PAYE returns and complete payroll each month?

Let Caldwell Penn do the hard work for you

  • We have a team of in-house experts with vast detailed knowledge of the latest Payroll legislation who will be managing your payroll and submitting your PAYE returns, they will:
    • Ensure you are RTI compliant and your employees are paid on time.
    • Provide electronic payslips to your employees making things easier for you.
    • Make the PAYE submissions on your behalf and remind you when payments are due.
    • Provide assistance with automated payment set-up to your employees.
    • Provide monthly summaries and departmental reports.
    • Deal with leavers and starters.
    • Attend to all year end PAYE reporting.
Accountant8
Accountant8

What are the benefits?

Free up your time

  • We will give you the confidence that your company is compliant with all payroll legislation
  • Your employees will be paid correctly and on time every month
  • We will free up your time allowing you to concentrate on the more important day-to-day running of your business 

Frequently asked questions

What should I do if a new employee does not have a P45 when they start working?
What happens if an employee has under or overpaid tax through PAYE?

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