In a Meeting

Payroll

Get the advice and support you need

Being an employer, brings monthly obligations to collect tax & process payments. We can help you through the process & make sure deadlines are met.

Employing someone for the first time or even ongoing maintenance of a payroll can be a bit daunting. In the UK, if a business employs someone then they have an obligation to process that person’s salary via PAYE and operate a payroll. The salary must be correctly taxed and is subject to national insurance. There are penalties for failing to do this and for any errors that may occur. Monthly reporting is required via Real Time Reporting to HMRC.

Things to Consider

When a business starts to grow then it will often be necessary to employ staff. In the UK that person’s salary is subject to tax & NI. It will be important to get this right from the start. The business will need to register with HMRC as an employer and collect both tax & NI from day one. The correct software is crucial here. If you are looking at re-organising your current payroll then it will be important to use an accountant with sufficient technical & practical experience in this area.

Taxation

Personal Tax
Management Accounts
VAT
Payroll
Partnership / LLP Tax

Boxwood have been our accountants for a number of years and provide us with advice and support for our year-end Statutory Accounts and Corporation Tax Return. We have always found the team helpful and professional. They are always available to chat through any questions we may have and we no longer worry about getting our tax filed on time.

John at Bentley Consultancy Services Ltd

How We Can Help

The team at Boxwood will be able to talk you through the whole process. We will be able to register you as an employer, process your employees pay, collect the right amount of tax and NI and file with HMRC. We will be able to remind you of your next filing & payment dates. We will also be able to help you decide on any director’s salary and the various tax implications. The Boxwood team will always be available if you have any questions and we will always agree a fixed fee with our clients prior to any work being carried out.

Bespoke Reporting

Tailored reports & analysis of your business to help reduce costs and drive performance.

Telephone Helpline

If you have any questions regarding you internal reporting then just give us a call. We will be happy to help

Real-time

Reporting

Real-time reporting of key data e.g.  debtors, sales and cash balances to enhance business efficiency

Accessable & Available

We are here to help our clients. If you have any questions, just give us a call any time. We will be happy to help

Fixed Fee Approach

Our fees are very competitive & are always agreed with our clients prior to starting any task

 Improved Cost

Control

Regular internal reporting significantly helps control costs and & provides valuable business insight

Call us anytime for a free and informal chat 

​Call us anytime if you have any questions at all. We will be more than happy to chat through your queries. You’ll be surprised at how easy and inexpensive it is to get the help you need with your accounting and tax obligations.