We operate monthly payroll for many clients with a broad range of wage requirements, including:
- Fixed salaries
- Variable salaries
- Bonuses / commissions
- Hourly rates
- Apprentices
- Zero hours contracts
- New starters / leavers
Payrolls
All payrolls are submitted using HMRC authorised software (Sage) with RTI information, Employer payment submissions and Full payment submissions being submitted as appropriate.
We also offer employers the option to streamline their payroll function by providing all employees with a login to Sage HR, enabling them to access payslips, P60s, P45s etc remotely at any time, meaning the employer will never have to manually distribute pay documents ever again!
We’re all about efficiency at TaxGem™!
Director’s Only Payroll
For owner managed businesses with just the Directors on the payroll, we offer a “Director’s Only” payroll function that can be used along side dividends or other remuneration / profit extraction methods to ensure that both your company and your personal tax positions are as efficient as possible.
Did you know...?
That you may be eligible for relief against employer’s National Insurance (of up to £5,000 for the current tax year), providing certain eligibility criteria are met (such as the payroll is not run for one Director only and last year’s NI bill was less than £100,000).
If this claim has been missed in previous years, you could also claim Employment Allowance for the previous 4 tax years dating back to the 2018 to 2019 tax year, although some of the rules for claiming, and the amount of the allowance, are different.
Payroll taken care of!
At TaxGem™ we can take care of your payroll, allowing you to focus on your business.