Payroll is the method by which an employer pays their employees.
Pensions Auto Enrolment has been introduced by HMRC to ensure that eligible employees and their employers contribute towards a pension for them. The idea is to help people pay into a pension on a regular basis, to ensure that they have enough money saved for their retirement.
If you are an employer, you must run a weekly/4 weekly/monthly payroll to pay your employees, and where required, deduct tax and national insurance from them. Every month or three months the tax and national insurance deducted must be paid to HMRC. If you have employees, you also have to operate the Pensions Auto Enrolment Scheme or a pension scheme of your own.
Payroll is a lot of hassle since Real Time Information (RTI) was introduced in 2013. Auto Enrolment has made it even worse. Penalties for late filing can be eye watering. We can take away all the bother of running the payroll on time, and ensuring the correct tax and national insurance is deducted for all of your staff.
We are Pensions auto-enrolment compliant
"we can take away the stress and let you get on with what you do best".
I have used Fernhill Accountants for years now - they provide a professional and friendly service.
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