Pay as You Earn (PAYE) is a HMRC scheme under which an employer provides employment benefit to employees i.e. salary, wages, other benefits, pension contribution etc. Employer is required to deduct appropriate portion of benefit paid out and pay it to HMRC in due time as well as submitting a PAYE return. At Acumen Accountants our payroll team will be very happy to serve you all your payroll needs. Just give us a call and we will take it from there.
We provide our clients with preparation of all kind of pay slips and record keeping services. We use modern technology to store and collect all information and calculating PAYE, NI contribution, pension contribution and student loan deductions accurately. If you are an employer then contact us for our fantastic package of Payslips.
Under HMRC regulation an employer have to submit PAYE Return to HMRC every time any employment benefit is provided to employees. We can help you to produce the PAYE Return and submit it to HMRC on your behalf and deals with any payroll enquiry with them. Please contact us to know more about our PAYE Return service and to switch your Payroll Return with us.
Whether you are employed, self-employed or employer, if you qualify for National Insurance scheme you need to contribute towards national insurance. There are various classes of NI each having distinct requirement and rates of contribution. Our payroll team can guide you on every step of NI contribution and payment of NI to HMRC based on your circumstances.
Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC). The deductions count as advance payments towards the subcontractor’s tax and National Insurance. Contractors must register for the scheme. Subcontractors don’t have to register, but deductions are taken from their payments at a higher rate if they’re not registered. We provide service from CIS Registration to all return submissions by experienced professional.