We currently operate a payroll bureau providing services to over one hundred of our clients. The complexity of the payroll has increased over the years and the burden of collecting taxes is increasingly being transferred to employers as the Government seeks to increase its tax take and reduce its administrative overheads.
Currently a pilot operation is being undertaken whereby real time information (RTI) will be transmitted to HMRC on a monthly basis. Ten companies are currently undertaking the pilot and one of these is HMRC! This system is earmarked to go live for all employers by October 2013.
This could be an opportunity for you to consider outsourcing your payroll function to Fitzpatrick & Kearney Limited. Our payroll service ensures a timely, accurate payroll and correct operation of PAYE (Pay As You Earn) and we can also assist with:-
– Completion of annual benefits in kind returns (P11Ds) and associated claims for tax relief;
– Drafting contracts of employment;
– Holiday & sickness entitlements;
– Redundancies, terminations and disciplinary issues.
– Construction Industry Scheme Deductions (CIS)
Our payroll bureau service is priced very competitively and transferring this aspect of your business to dedicated professionals will not only give you peace of mind but will free up your staff for other duties.
If you are interested in obtaining a detailed quotation for the management of your payroll, please contact Mark, Brian or Stephen at our Newry office.