Payroll Services by ESB Accountancy for Small Businesses in Cheltenham, Gloucestershire.
It is now essential to submit PAYE payrolls details at least monthly online to HMRC. Failure to comply with submission deadlines started to incur penalties from October 2014. As HMRC becomes more automated the penalty enforcement procedures will become more rigid.
Do not get caught out by late lodgement and slow remitting of tax and NIC deducted from employees as that produces two separate penalties and the chance that penalties will escalate quite fast.
Payroll services are also relevant for domestic services or charities if the person supplying the services cannot demonstrate that they are self employed and invoice from that business. Builders, cleaners and even church organists are becoming a target as a source of penalties from employers for HMRC.
We at ESB Accountancy are used to dealing with payrolls of varying sizes from a company director solely through monthly to weekly paid and ensuring that the returns to HMRC are submitted. However you have still to make the remittance to HMRC at the frequency appropriate to your size of business.