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PAYROLL

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Must I register as an employer for PAYE if I employ staff?

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Yes if you pay any employee
A Company must register as an employer even if the only employees are the directors.

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How do I register for PAYE?

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To register all you have to do is complete the on line registration.

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When must I Account for and pay PAYE?

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The total tax deducted from employees pay together with any national insurance payable must be calculated on payments to the 5th of every month and paid over to the H M Revenue & Customs by the 19th of the month. For example all amounts payable on payroll paid between 6 may and 5 June must be accounted for and paid by 19 June.

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What do I have to do when I pay an employee

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On or before you pay an employee you must provide certain information, such as their gross pay and deductions direct to the HM Revenue & Customs.which must be submitted on line. This is their system of REAL TIME INFORMATION (RTI).There are no end of year returns to complete except you must issue a form P60 to each employee who is still in your employment as at 5 April Each year.

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