There are several points you need to deal with when administering the payroll of your employees and yourself. Without proper skills this might turn out to be a cumbersome and time taking process. You need to be well aware of the complex tax and employment legislation and the penalties for non-compliance
Pegasus Accountants provide comprehensive payroll services confidentially:
Administration of PAYE and National Insurance
Statutory sick pay or maternity pay etc.
Completion of statutory forms, including year-end returns to issue to your employees and submit to the HMRC
Summaries and analyses of staff costs
Administration of incentive schemes, bonuses, ex-gratia and termination payments
Administration of pension schemes
Even with only a few employees you will save time and money by having Pegasus Accountants as your accountants for administering the payroll.