Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. And the task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance. Understanding payroll legislation and keeping up to date is a time-consuming task requiring considerable technical knowledge. The burden of PAYE compliance seems to increase constantly. The operation of a PAYE scheme today includes the calculation of statutory maternity pay, statutory sick pay, attachment of earnings orders, student loans, tax credits, charity giving, pension scheme deductions, etc. The list seems endless and the penalties for noncompliance are severe particularly in the building and construction industry. RTI means employers will now share information with HMRC on-or-before payments are made to employees We use HMRC-approved, RTI-compliant payroll software.
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