Payroll

We provide a fully comprehensive service preparing payrolls on a weekly, monthly or other basis from start to finish. Once you have provided us with the salaries for your staff, we calculate the PAYE tax and National Insurance Contributions, prepare reports and payslips that can be sent by post, fax, or email, and can make payments directly to your employees bank accounts using your internet banking facility.

Our system is approved by HMRC and is updated regularly with the most recent legislation. It holds several years’ history for every member of staff and we can reprint payslips, reports and P60 forms at the touch of a button. Other features of our system include the ability to:

• Calculate gross to net salaries

• Calculate net to gross salaries

• Export reports to Microsoft Excel and Word

• Import data from Microsoft Excel and Word

• Send forms online to HMRC

• Write reports tailored to clients needs

• Create PAYE journals to post to the following accounts programs

• Sage

• Concorde

• Dataflow

• Dream

• Exact

• Exchequer

• ICE

• Iris

• SAP

• Sun

We have experience of payrolls for companies with just one employee, to companies with over a thousand employees; no job is too big or too small.

At the tax year end we prepare all the necessary forms including the P35 Employer's Annual Return, forms P14 and P60.  Please click on the link below for more information:

End of Year Online Filing

If you would like us to do your payroll please give us a call or email for further information.

We can also assist you with the following:

P11D Preparation

HMRC Payroll Inspections

Employment Law and Redundancy

Construction Industry Scheme

The Construction Industry Scheme (CIS) was extensively revised in April 2007 replacing the old certificate and voucher system.

Under the new scheme payments made by contractors to sub-contractors must take account of the tax status of the sub-contractor as determined by HMRC.  Contractors must ensure that each sub-contractor is verified with HMRC before any payment is made and there are strict guidelines to ensure that contractors complete and submit monthly returns to declare all payments and tax deductions.

Failure to comply with the requirements  such as failure to submit a monthly return, failure to produce records when requested to do so or failure to provide sub-contractors with a monthly statement of payment and deduction of the CIS can result in severe penalties.

K N Martin & Co is able to provide a fully HMRC compliant Contractor service which includes registering your company as a contractor with HMRC, preparation of a monthly contactor return, calculation of the amount of CIS tax due to HMRC and preparation of monthly statements to give to your sub-contractors.  We can also verify sub-contractors with HMRC on your behalf when you provide the relevant information.

Please contact us if you would like further information.

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