WHR Accountants Ltd has the specialist skills to help and advise you in a range of employment areas, including PAYE & CIS.
PAYE
WHR Accountants Ltd payroll bureau provides a professional payroll service for small businesses.
Our aim is to make life easier for small businesses and relieve the employer of the stresses associated with payroll administration, allowing them to concentrate on running their business.
What is PAYE?
PAYE is a system set up to collect income tax and national insurance contributions from employees.
Employers are responsible for making theses deductions from employees’ wages before paying them and forwarding to HMRC.
National Minimum Wage
Employers must pay their employees a set minimum wage determined by the National Minimum Wage.
Real Time Information
All employers are required to submit Real Time Information to HMRC. This ensures that HMRC holds a consistent view of employees, therefore employers will have to provide HMRC with an extract of their payroll every time they pay their employees.
For the assistance you need for your business or for more information contact us now.
The CIS scheme sets out rules for how payments by contractors to subcontractors for construction work are handled.
It applies mainly to mainstream construction work, however it can apply to businesses that have a high annual spend on construction, which can also count as contractors. Businesses can include sole traders, partnerships, companies & LLP’s.
CIS
Are you a contractor under CIS?
Are you a subcontractor under CIS?
Contractor Obligations
As a contractor you will have to register for the scheme, check if your subcontractors are registered with HMRC, pay subcontractors correctly and submit monthly returns.
Subcontractor Obligations
If you are a subcontractor you will also need to register with HMRC. For more information contact us now.
WHR Accountants Ltd. Making Life Easier for Small Business Owners.