The benefits

  • Save time
  • Compliance
  • Hassle-free

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.  

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.

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?

COPYRIGHT © 2020 CALDWELL PENN LIMITED   |   Company Reg Number: 03872209   |   ICAEW - Institute of Chartered Accountants in England and Wales: C005061064

Cookie policy

We use necessary cookies to allow our site to function correctly. You can disable these via your browser settings but this site may not function correctly if you do so. We also use optional cookies to collect anonymised visitor statistics to help us identify issues and improve our web site. View our privacy policy here

Cookies