Everything seemed fine running your own business until the day you took on your first employee and became an unpaid tax collector.
Experienced payroll accountants, Pomegranate Consulting is a Payroll Bureau and provider of outsourced payroll services.
Our experienced Payroll team will look after your PAYE requirements, auto-enrolment, record keeping, remuneration and reporting.
Our specialists are also on hand to look at any tax issues that might affect your employment, such as contracting, the Construction Industry Scheme and IR35.
Outsourcing your payroll to us means you won’t have to invest in payroll software and training, so you and your people can focus on your business.
Frequent changes to auto-enrolment legislation and random audits by The Pensions Regulator make it tricky to keep up to date and comply, we can give you peace of mind that the rules are being followed.
As payroll accountants, we’ll make sure you’re complying with the strict record-keeping and reporting responsibilities laid out by The Pensions Regulator, to help reduce the risk of arrears and penalties. We’ll regularly check your employees against the eligibility criteria and enrol them when it’s time.
Additional services offered by our Payroll Bureau include:
- Filing PAYE Returns
- Payroll Journals
- Employee payroll costs split over departments, cost centres or branches
- Pension summaries
- Payroll rate and component summaries
- Processing payments for third party deductions
- Direct posting of payslips to employees
- RTI Returns submitted to HMRC for each pay period
- All reports sent electronically via email
We’ll talk you through the tax advantages of contracting and offer all-inclusive services for contractors.
CIS (Construction Industry Scheme)
We can give your business a free CIS Health Check to check everything’s in order.
Employment Status and IR35
It is important to get your employment status correct in order to pay the correct amount of tax, no more and no less, and to avoid falling foul of tax laws.
We can review your existing arrangements and give you our opinion on whether it will stand up to examination by the Revenue. We can help draft contracts for services to assist you and will advise on how you can maximise your chances.
IR35 cases are often matters of general employment law and not specific tax legislation. There is an enormous amount of Case Law in this area which we can wade through and argue your case on your behalf.
Our experienced team will free up your time, by providing payslips, processing new starters and leavers (including P45s and P46s) and producing P60s. We are experienced in dealing with SSP, SMP, SPP and many other areas. We’ll also instruct the PAYE amount due to the Inland Revenue.
We make sure your records and reports are accurate and will liaise with the Inland Revenue and other official bodies on your behalf. As well as record keeping here, we will tailor reports to you, depending on your needs, on a weekly, monthly or quarterly basis.
We can also process payroll journals in your accounting software, giving you up to date and reliable information.
Contact our specialist team today
For more information about our payroll accountants services, call our team today or send a message using the form below to request a free one-hour consultation.