Payroll & VAT

Payroll-We have a dedicated payroll department can provide weekly or monthly payroll services, dealing with all aspects of PAYE, NIC, Statutory Sick Pay, Statutory Maternity Pay, Student Loans and Tax Credits. The introduction of Real Time Information for the processing of payrolls has introduced a level of complexity and compliance that did not exist before and it is vital that anyone who employs staff takes advice on the implications. The costs of an error can be large with monthly penalties being a possibility. We are here to make sure that your payroll runs smoothly and you meet all your requirements. Our service is totally electronic to avoid delays and make processing your payroll easy.

We are also able to process Construction Industry Returns on a monthly basis either in conjunction with our payroll service or on a stand alone basis. There are monthly fines for non compliance in this area which we can help you avoid.

Auto Enrolment for your staff into a Pension Scheme is an area on which businesses need to take early and clear advice. We are able to help you in this new area which may prove challenging for employers.

VAT-We also supply many VAT Services including the preparation of your VAT Return often in conjunction with our monthly bookkeeping services.

VAT can be one of the most complex taxes faced by a business and it is very easy to make errors that can cost you large amounts in unpaid tax, penalties and interest. We are able to advise you on partial exemption, the flat rate scheme, annual accounting, cash accounting as well as the operation of the standard scheme. It is vital that you account for your VAT correctly and do not inadvertently make an incorrect return.

We are able to advise on the more complex areas of VAT law such as property and exempt or zero rated supplies.

If you do receive a VAT assessment we will work with you to minimise the amount you are being asked for so that you pay the correct amount of VAT.

Our Fee Protection Scheme also covers the payroll and VAT aspects of your business.