Quiff Accountancy
Quiff Accountancy 

Payroll and RTI

As you will know, running your own payroll can be time consuming and frustrating.  The task is made all the more difficult by the increasing complexity of tax and employment legislation.  Added to this, nothing is guaranteed to upset your employees more than getting their pay wrong.

 

At Quiff we can take responsibility for the running of your payroll system, giving you peace of mind.  Our payroll services are thorough and, of course, compliant with HM Revenue & Customs (‘HMRC’) statutory requirements.  We can deal with every aspect of UK wages and salary requirements including:

 

  • Setting up a new payroll system;
  • Day to day payroll processing;
  • Dealing with PAYE and National Insurance deductions;
  • Completing your end of year returns;
  • Holiday pay;
  • Statutory pay; and
  • Stakeholder pensions.

 

As if things weren’t onerous enough already, HMRC has introduced a new way of reporting PAYE, known as Real Time Information, or RTI. The new system has introduced fundamental changes to the way in which employers and pension providers must report the payments and deductions they have made under PAYE.

 

RTI requires employers and pension providers to submit information to HMRC regarding deductions they have made for PAYE, NICs and student loans when or before each payment is made, rather than at the end of the year.

 

Let Quiff take the hassle.  Even if you only have a small number of employees, our payroll services will still prove to be cost-effective.

We are located at:

Quiff Accountancy


32 Rhodfa Mes

Bridgend

CF31 5BF

Contact us today!

If you have any queries or wish to make an appointment, please contact us:

 

01656 750808 01656 750808

enquiries@quiff-accountancy.co.uk

 

Or use our contact form.

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