Handling payroll can often feel like an overwhelming and complicated task. With constantly changing regulations, ensuring your employees are paid correctly and on time, while staying compliant with tax laws, can be challenging.
At Pearl Lemon Accountant, we offer reliable payroll services that ease these burdens and provide peace of mind for UK businesses. We understand the importance of getting payroll right every time, and we are here to help you with this critical function.
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Our Payroll Services
We offer a full range of payroll services designed for UK businesses of all sizes. Whether you are looking for a one-off payroll run or ongoing payroll support, we have you covered. Our services are built to accommodate businesses in diverse sectors, from small startups to larger organisations, across the UK.
Payroll Processing
We understand that payroll is more than just writing out paychecks—it’s about ensuring accuracy and compliance. Our payroll processing service ensures employees are paid correctly, and all statutory deductions are made in line with UK tax laws.
We handle the following:
- Salary Calculations: From hourly wages to salaried employees, we ensure everyone is paid fairly.
- Statutory Deductions: We calculate and deduct National Insurance contributions, income tax, and pension contributions.Overtime and Bonuses: We include calculations for overtime, bonus schemes, and commission pay.
- Payslips: We provide employees with detailed payslips showing their earnings, deductions, and net pay.
Outsourcing payroll processing to us ensures that you can eliminate the worry of human error and comply fully with UK tax obligations.
Tax Filing and Compliance
UK tax laws are constantly evolving, and staying on top of these changes can be challenging. Our experts stay up-to-date with the latest developments in payroll tax legislation to make sure you meet all of your obligations.
We ensure that all of your payroll tax filings are completed and submitted on time:
- PAYE (Pay As You Earn) Reporting: We handle all PAYE submissions to HMRC, ensuring that your business is always compliant.
- RTI (Real-Time Information): We submit real-time payroll information to HMRC each time payroll is processed.
- CIS (Construction Industry Scheme): If you’re in the construction industry, we handle all your CIS tax returns to ensure your contractors are paid correctly.
By letting us manage your tax filings, we remove the risk of penalties and allow you to focus on your business.
Employee Benefits Administration
Administering employee benefits can be a challenge. From pension schemes to holiday pay, managing this properly is vital for both the employer and the employee. Our payroll services include detailed benefits management that ensures all employee benefits are handled properly.
We handle:
- Pension Schemes: We set up and manage auto-enrolment pension contributions, ensuring full compliance with UK pension laws.
- Holiday Pay: We calculate holiday pay entitlement, ensuring all leave is correctly recorded and paid.
- Employee Bonuses and Incentives: We accurately calculate bonuses, incentive payments, and commissions based on agreed criteria.
By outsourcing your benefits administration to us, we ensure that your employees receive all the benefits they are entitled to, and your company remains compliant with pension and tax laws.
Year-End Reporting
The end of the financial year can be stressful for any business, especially when it comes to payroll. We handle all the necessary year-end payroll tasks to ensure your business stays compliant with HMRC regulations.
Our year-end services include:
- P60 Forms: We generate and distribute P60 forms for each employee, summarising their total earnings and tax deductions for the year.
- P11D Forms: If your employees have benefits in kind (such as company cars), we ensure that these are reported correctly to HMRC.
- End-of-Year Audits: We audit your payroll for the year to ensure everything is accurate and that no mistakes have been made.
Having our team handle year-end reporting ensures that everything is filed on time and in the correct format, reducing the risk of errors and penalties.
Payroll Support
We know that payroll can sometimes raise questions. Our payroll support service ensures that help is available whenever you need it.
We provide ongoing support for:
- Answering Payroll Questions: If you have any queries about tax deductions, holiday pay, or benefits, our team is here to help.
- Addressing Payroll Issues: If there are discrepancies or concerns regarding your payroll, we work to resolve them promptly.
- Ongoing Communication: We ensure that you are kept up to date with changes in tax laws, employee benefits, or pension contributions that may affect your payroll.
With our payroll support, you’ll never feel uncertain about your payroll again.
Custom Payroll Solutions
Every business has different payroll needs. Whether you’re a small startup or a large corporation, we offer flexible payroll services that can be adapted to suit your business model.
- Scalable Payroll Solutions: Our services grow with your business. Whether you have 5 or 500 employees, we’ve got you covered.
- Industry-Specific Solutions: We understand the nuances of different industries, including retail, hospitality, construction, and more, and can design our services to meet the specific needs of your sector.
Our flexible approach ensures that you always have a payroll service that fits your business requirements.
Payroll Reporting & Analytics
Tracking and understanding your payroll data is crucial for managing costs and ensuring financial accuracy. Our payroll reporting service provides you with detailed reports and actionable insights into your payroll expenditure, helping you make informed business decisions.
We provide:
- Customised Payroll Reports: We offer customized reports that highlight important payroll metrics, including employee wages, deductions, bonuses, and tax liabilities.
- Cost Analysis: We help you assess payroll costs and provide insights into how you can manage these expenses effectively.
- Trend Analysis: Our team tracks payroll data over time, offering insights into trends such as overtime, sick leave, and bonuses, allowing you to adjust budgets and forecasts accordingly.
- Compliance Reports: We ensure you have all the necessary reports required for HMRC, pension schemes, and other regulatory bodies.
Why Choose Pearl Lemon Accountant?
Choosing the right payroll service provider is crucial for the smooth operation of your business. At Pearl Lemon Accountant, we bring a combination of knowledge, experience, and commitment to every payroll task we undertake.
- Expertise: Our team has extensive knowledge of UK payroll law and keeps up-to-date with the latest legislation and tax changes.
- Accuracy: We ensure your payroll is processed accurately, so your employees are always paid correctly and on time.
- Reliability: With us, you can trust that your payroll will be compliant with all necessary regulations, minimizing the risk of penalties or fines.
With our payroll services, you can rest assured that your business will run smoothly and your employees will always be paid correctly. Connect with us today!
Frequently Asked Questions
A VAT return is a document submitted to HMRC that reports the VAT your business has charged on sales and the VAT you’ve paid on purchases. It’s used to calculate the amount of VAT your business owes or the refund you’re entitled to.
Most businesses submit VAT returns quarterly. However, if you’re on a different VAT scheme, such as annual accounting, you may submit annually. We’ll help you determine the correct submission frequency for your business.
Missing a VAT return deadline can lead to penalties and interest charges from HMRC. We ensure that your returns are filed on time to avoid these costly issues.
In general, you can reclaim VAT on most business-related purchases. However, there are exclusions, such as VAT on non-business items or certain vehicles. Our team will help you determine what can and can’t be reclaimed.
You must register for VAT if your business’s taxable turnover exceeds £85,000 over 12 months. If you’re unsure whether you need to register, we can assess your situation and guide you through the process.
Get Started with Hassle-Free Payroll Today!
If you’re ready to simplify your payroll process and ensure compliance, schedule a consultation with us. Let Pearl Lemon Accountant handle the details while you focus on growing your business.
