Hiring staff is a fantastic step in business growth. As you begin to hire your first staff members, it’s important to consider all the logistical details that come with being an employer. One of the most important of these is payroll.
Ensuring that your employees are paid accurately and on time is essential for creating a positive and productive work environment, but it can also be time-consuming and daunting for small business owners who might not have a lot of experience in this area.
Here at CloudAccountant.co.uk, we have over 15 years of experience helping businesses thrive by taking care of their accounts and finances, including online payroll services.
When it comes to managing your payroll, there are certain things you’ll need to do as an employer. These are:
You’ll have to provide the employment contracts to employees.
You’ll need to monitor and track contract details.
This involves enrolling employees into a workplace pension scheme.
This includes confirming hours worked, bonuses, deductions, changes to fixed salaries etc.
This includes notices to leave, salary changes etc.
You’ll need to pay your employees.
You’ll need to pay HMRC and your pension provider
This is required by law
Our responsibilities as your payroll accountants are:
We will provide payslips to you and issue them to employees via Xero.
We will calculate the amount you pay to HMRC
We will calculate the amount you pay to your pension provider.
We will provide P45s and P60s
If appointed for pension filings.
We’re located in the Cheshire town of Wilmslow, just outside of Manchester, but operate nationally across the UK. No matter your individual needs, there are some basics that are guaranteed across the board, designed to ensure you’re getting the best service possible
You’ll be able to contact your dedicated accountant either in person, or via phone, email or video call.
We are partners with leading accounting software specialist Xero and FreeAgent. Training and integration with these platforms are included in your monthly fee.
We will conduct annual tax efficiency reviews to reduce your tax bills.
Submit your details and we’ll arrange a chat at a time that suits you
