Payroll

At Current Accountancy, we understand that handling payroll, pensions, and P11D forms can be time-consuming and sometimes overwhelming. But don’t worry! We’re here to help take the stress out of these processes, allowing you to focus on what really matters—growing your business!

Our Payroll Services Include:

  • Timely Payroll Processing: We make sure your employees are paid accurately and on time, every time. Our team handles all the calculations for salaries, overtime, bonuses, and any deductions, so you don’t have to stress about mistakes.
  • Tax Compliance: Keeping up with tax rules can be tricky. We stay updated on the latest HMRC guidelines to ensure your payroll is compliant, helping you avoid penalties and ensuring all taxes, like PAYE and National Insurance, are calculated correctly.
  • Claiming Allowances: We ensure that all applicable allowances are claimed and applied to save you money where possible.
  • Managing Employee Records: We keep detailed records of employee information, such as pay rates, hours worked, and deductions, making it easy for you to access any information you need.
  • Payslips and P60s: We generate and distribute payslips to employees, clearly outlining their earnings, deductions, and net pay for full transparency.
  • Flexible Solutions: Whether you have a small team or a large workforce, our payroll services can be customised to fit your specific needs, accommodating different pay schedules, bonuses, or commissions.
  • Ongoing Support: Our friendly team is always here to answer any questions you may have about payroll, providing guidance and assistance whenever you need it.

Pensions and Auto-Enrolment

Handling pensions and auto-enrolment can feel overwhelming, but we offer comprehensive support to simplify the process and ensure your employees are well taken care of.

  • Auto-Enrolment Guidance: We help you understand the auto-enrolment process and your responsibilities as an employer. We’ll assist you in determining which employees need to be enrolled in a pension scheme and what contributions are needed.
  • Accurate Contributions: We take care of the calculations for both employee and employer contributions, ensuring payments are made accurately and on time.
  • Compliance Monitoring: Staying up-to-date with changing regulations can be tough. We monitor your pension scheme’s compliance with government rules, helping you keep proper records and submit necessary information on time.
  • Clear Communication: We support you in explaining pension benefits to your employees so they understand their options and the importance of saving for retirement.
  • Ongoing Support: Our team is always available to answer your questions about pensions and auto-enrolment, providing the support you need.

P11D Services

Managing employee benefits and expenses can also be complex, especially with P11D forms. We’re here to help simplify this process for you.

  • Understanding P11D Requirements: We guide you through the P11D process, explaining which benefits and expenses need to be reported for your employees.
  • Accurate Completion: Our experienced team ensures P11D forms are filled out correctly and submitted on time. We gather information on benefits like company cars and health insurance.
  • Tax Calculations: We help you calculate any tax implications linked to the benefits provided, making sure you and your employees understand any amounts that are taxable.
  • Compliance Support: We stay updated on the latest rules regarding employee benefits, helping you keep everything compliant and avoiding penalties.
  • Clear Employee Communication: We assist in making sure your employees understand their benefits and any tax implications.
  • Ongoing Assistance: Our friendly team is always available to address your questions about P11D forms or any related topics, providing help whenever you need it.

Let Current Accountancy be your trusted partner in payroll services, pensions, auto-enrolment, and the P11D process. We’ll give you peace of mind knowing you’re compliant while ensuring your employees are secure in their retirement plans. This frees you up to focus on the growth and success of your business!

Contact us today to find out how we can help streamline your payroll process!