Payroll

How our Accountants can help you!

• Do I need PAYE?

  As an employer, you normally have to operate PAYE as part of your payroll. PAYE is HM Revenue and Customs’ (HMRC) system to collect Income Tax and National Insurance from employment.

  You do not need to register for PAYE if none of your employees are paid £118 or more a week, get expenses and benefits, have another job or get a pension. However, you must keep payroll records

• Do I need to pay HMRC?

  Every month you must pay HMRC the tax and National Insurance (and any other deductions) you owe as reported on your Full Payment Submission (FPS) in the previous tax month. Minus the reductions on any Employer Payment Summary (EPS) you sent before the 19th in the current tax month.

  You must pay what you owe by the 22nd of the month (or the 19th if paying by post) – you may have to pay a penalty if you do not.

• What Payroll services do MJ Kane offer?

  Our payroll support services include:

  • Processing of payroll including calculating taxes, deductions, and contributions
  • Preparation and filing of all necessary payroll reports and forms
  • Preparation of payslips
  • Administration of statutory sick pay, statutory maternity pay, and other statutory payments
  • Assistance with the set up and management of auto-enrolment pensions
  • Provide advice on payroll and employment legislation

  We use industry-leading software and technology to ensure that your payroll records are accurate and up-to-date. Our payroll professionals are also well-versed in the latest payroll legislation, ensuring that your business is compliant with all relevant laws and regulations.

  Our payroll support services are designed to save you time and money, so you can focus on running your business. We offer flexible pricing options and can work on a project basis or provide ongoing support.