Payroll Services
Because the burden on employers is so great, many businesses hand over their payroll management affairs to our specialist staff.
Payroll and PAYE legislation have grown dramatically in recent years with the introduction of new areas such as Working Families Tax Credits, Student Loans, Expenses and Benefits In Kind, and multiple rates of taxation. At CBC we have a number of staff who specialise in PAYE services for clients employing between one and two hundred employees. Using the Sage payroll system we remove much of the difficulty associated with running weekly or monthly payrolls, allowing clients to relax in the knowledge that this aspect of their business will be managed efficiently.
Our work includes processing and distribution of pay slips, provision of BACS lists, advice on Tax and National Insurance liabilities and completion of year end work, i.e. P60, P14 and P35 forms. We can also produce Benefit In Kind forms (P11D).
Much of the work here can be provided on line, with client’s emailing to us their gross pay information and us emailing back to them the relevant pay slips and details of the PAYE payment information to pay to HMRC. Very often the costs here mean that it is really not worth carrying out this operation in house.
