Avoid payroll problems with duplicated employees
A persistent bug in the PAYE system is caused by the HMRC computer creating a duplicate employment record which it then uses to demand PAYE for wages which have not been paid.
Settle the tax with a PSA
You may reward your employees with something special such as a holiday or a hamper. If the value exceeds the tax-free amount permitted under the rules for say long service awards, trivial benefits or staff suggestions it will be taxable.
Whitley Stimpson’s service charge team shortlisted for major national award
Accountancy specialist firm Whitley Stimpson service charge team has been shortlisted for a top property industry award.
Payroll matters
Payroll matters. Find out here the changes to rates and thresholds that impact on payroll from 2022 – 2023.
Beware of early RTI returns
Employers must send their PAYE reports to HMRC on or before the day they pay their employees.
Paying PAYE
As an employer you can pay PAYE to HMRC using a direct debit (DD) but each DD authority only applies for a single payment, so the effort is hardly worth it.