Haris & Co Accountants

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Accounts • Taxation • VAT • Payroll • Business Advice & Development

Payroll & PAYE

Payroll & PAYE

At Haris & Co, we understand that managing payroll can be a complex and time-consuming task for businesses. Our dedicated payroll management services are designed to streamline this process, ensuring accuracy and efficiency while allowing you to focus on your core business activities.

Here’s how we can assist you with your payroll needs:

  1. Payroll Processing: Our experts will handle all aspects of payroll processing, including calculating salaries, deductions, and tax withholdings, ensuring that your employees are paid accurately and on time.
  2. Compliance: We stay up-to-date with the latest tax regulations and employment laws, ensuring that your payroll processes comply with all legal requirements.
  3. Efficiency: Our payroll management system is designed to save you time and resources. By automating payroll tasks, we help reduce errors and administrative burdens.
  4. Custom Solutions: We understand that every business is unique. Our services are tailored to your specific payroll needs, whether you have a small team or a large workforce.
  5. Cost-Effective: Outsourcing payroll to Haris & Co can be more cost-effective than maintaining an in-house payroll department, saving you money in the long run.
  6. Expert Advice: Our team of payroll experts is available to provide guidance on payroll-related matters, ensuring that you make informed decisions.

 

Don’t let payroll complexities burden your business. Partner with Haris & Co, and experience hassle-free and efficient payroll management. Contact us today to learn more about how we can assist your business.

In addition to assisting with managing your business’ payroll needs, Haris & Co ensures that you receive all the necessary year-end forms, including P35, P60, P14, P11D, and P9D.

Here’s what each of these forms represents:

  1. P35: The P35 is the Employers’ Annual Return, summarizing the total payments made to all employees and the total deductions made throughout the tax year. Haris & Co will help you complete and submit this important document to HMRC.
  2. P60: P60s are provided to each of your employees. They summarize their total earnings and deductions for the tax year. Haris & Co will ensure that P60s are generated accurately and distributed to your employees.
  3. P14: P14s are employee-specific versions of the P35, detailing the income and deductions for individual employees. We will prepare and maintain P14s as part of our payroll services.
  4. P11D: The P11D is used to report expenses and benefits provided to employees and directors. Haris & Co will assist in recording and submitting this form to HMRC.
  5. P9D: Similar to the P11D, the P9D is used to report expenses and benefits provided to employees who earn less than £8,500 per year.

 

Further to compliance with payroll services, we offer comprehensive advice on all employment issues including tax:

  1. Tax efficient remuneration strategies
  2. Planning for retirement
  3. Termination benefits
  4. Incentive payments
  5. Company car and van strategies
  6. Benefits planning.

 

With our comprehensive payroll services, including year-end reporting, Haris & Co ensures that your business remains compliant with tax regulations and that your employees receive the necessary documentation for their financial records.