We have invested in an automated, computerised payroll service. Most likely, our charges for paying you and your staff are probably lower than your costs. For instance, our software is fully compliant with HMRC’s requirements for electronic filing. Thus, our payroll service covers a full end-of-year PAYE/National Insurance compliance service, and deals with form P11d for benefits in kind, expenses, and National Insurance contributions on benefits in kind.
Moreover, we usually design a renumeration strategy if you use a company for your business activities. Typically, a renumeration strategy comprises a mixture of salary and dividends, but the mixture needs to be configured for your individual circumstances.
