Stress Free Payroll
...With RIFT Accounting
If you're an employer, whatever the size or nature of your business, you've got to stay on the right side of employment law.
It's not just a case of hitting the National Minimum Wage or organising Statutory Sick Pay for your employees; you've also got to sort out regular pay slips, set up any necessary PAYE systems or pension deductions and maintain detailed and accurate payroll records.
If all of that sounds like a lot of paperwork, congratulations - you've just glimpsed the tip of the iceberg!
If you're just setting your company up, we can help you get registered as an employer and organise a payroll system for you. Even if you're already established, we can still take the load off your shoulders as your agent with HMRC. We'll make sure that the Income Tax, National Insurance and any other payments and deductions of each of your PAYE employees are calculated correctly and on time. All your expenses and benefits reports will be taken care of, and we'll calculate the P60s of all your employees each year.
When you're setting up a payroll, you need to account for every single person you employ, regardless of how much or how often you're paying them. If they earn over a certain amount, you'll need to operate a PAYE system, which means calculating and deducting their income tax and national insurance and reporting all that information and more to HMRC every time you pay them.
You also have to keep track of any other benefits your employees are getting - for example, company cars and private medical insurance. All this information has to be submitted electronically, so you'll need some payroll software to make sure all the details get where they need to be safely and on time.
As if that’s not enough you need to consider, for example, student loan payments, national minimum wage rates, sick pay, maternity pay - the list can seem endless.
We can set up and manage an entire payroll system for you that will:
RIFT Accounting can act as your agent with HMRC, so we can take all the cumbersome legwork out of the equation when you start hiring whatever henchmen and minions you need to keep the lights on in your volcano lair. If you're just bolting together the first cyborg assassin for your workforce, we can register you as an employer with HMRC before the welding cools on his laser-Gatling arm (patent pending).
Your PAYE responsibilities:
Let us take all the guesswork (and a lot of the stress) out of running your business. We can be the best business wingman you ever had.