Payroll and People Services

Therefore, it goes without saying that your employees should be rewarded for their performance and accordingly remunerated in the most tax efficient manner for your business and employees.

Our systematic and focused approach will ensure that your payroll and P11D obligations are dealt with accurately and in a timely manner.

• Flexibility in terms of dates and time for payroll processing
• Production of professional payslips
• Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
• Completion of statutory forms, including year end returns, to issue to your employees and submit to the Inland Revenue P60 / P35
• Summaries and analyses of staff costs
• Advising you on the P11D implications arising from the provision of employee benefits, completion of forms P11D(b) and section 336 claims, preparing class 1A NIC computations
• Administration of incentive schemes, bonuses, and ex-gratia and termination payments

At Capital Tax Accountants Ltd, we will also discuss with you alternative ways in which your employees can be remunerated. Our experience in dealing with the following schemes has played a fundamental part in retention of key employees:

• HMRC approved share option schemes
• Enterprise management initiative schemes
• Share incentive plans