Why pay more tax and NI contributions than you need to? We can help you to minimise your liabilities, while ensuring that you comply with your obligations. Just view our PAYE and NI guides to find out more.
Real Time Information (RTI) and other PAYE and national insurance (NI) planning guides.
An introduction to PAYE
Whether an individual is an employee or self-employed in a particular situation is a question of fact depending on the terms under which he or she works. When you engage someone to do work for you, you have to decide whether or not to apply the PAYE rules. It is up to you to get it right or suffer the consequences.
Real-time information (RTI) is a system introduced by HMRC for the reporting of payroll information, which requires employers and pension providers to provide detailed information to HMRC every time employees are paid rather than through the year end return.
Employing your spouse
When considering the overall tax position of your family, it is worth considering if you can justify employing your spouse in your business.
Tax-free gifts to staff
In an environment where most employee 'perks' are subject to tax it may be helpful for you as an employer to be aware of the few concessions that have been made by HMRC.
Don't pay too much national insurance If you have income from more than one job, or if you have self employment income as well as being employed, you should take care to ensure that you do not pay more in national insurance contributions than you need to.
National insurance planning
Details of class 1, class 1A, dividends instead of salary and action to save NICs.
Most employees receive payslips and take them for granted, but what are the legal requirements?
How to survive a PAYE and NIC inspection
However confident you are that your records are complete and well maintained, a PAYE / NIC inspection might still catch you unawares. Here are some pointers to help you.
Tax and employment
Many people can go for years paying too much (or, perhaps more worryingly, too little) tax. It is important to know exactly how much you are paying or you could face repercussions later.
Employee share schemes
Employee share schemes, such as share incentive plans (SIPs) and Save As You Earn (SAYE) schemes, are increasingly being used by firms to reward good staff performance and retain workers, and make an attractive remuneration package when recruiting.