Payroll

If you run a limited company, as a director, you may draw a salary subject to PAYE and national insurance. You may also have employees, who would be subject to the same requirements. As a sole proprietor or a partnership, although not subject to PAYE yourselves, any employees would be.

The PAYE (Pay As You Earn) system is complicated and becoming more so. You may find that you either don’t have the skills and confidence to operate a PAYE scheme, or maybe you just don’t have the time. It is not a task you can pass onto any employee, unless it has been specified as part of their job description.

At Samwood and Co we can prepare your payroll, provide you with payslips, carry out the end of year returns and even instigate bank transfers to your employees and the Inland Revenue, as appropriate. We have the necessary software to enable the entire process to be carried out in our office, to ensure the maximum confidentiality and minimum distraction to you.