Payroll & PAYE
Simplifying Payroll So You Can Focus on Your Business
Running payroll can be time-consuming, complicated, and risky — especially with ever-changing HMRC regulations. At Tax Expert, we take the stress out of payroll by offering a fully managed Payroll and PAYE (Pay As You Earn) service tailored to your business needs.
Our Payroll Services
If you are looking to outsource your payroll, look no further than TaxAssist Accountants complete payroll service. Using a specialist payroll provider means we have the up-to-date knowledge and expertise to ensure your business complies with new payroll legislation.
We offer a comprehensive range of payroll services tailored to the needs of UK businesses:
Get Support With Your Payroll
Contact Tax Expert Accountants for a free, no-obligation consultation to get a fixed fee quote.
Why Choose Our Payroll Service?
Our payroll services offer you the complete package for your business:
- Local Expertise: We offer local support from our experienced payroll team.
- Dedicated Account Manager: You’ll have a dedicated account manager to handle all your payroll needs.
- Flexible fees: We can tailor our services for your business, providing Transparent and competitive pricing with no hidden costs.
- Peace of Mind: We take care of your payroll and HR, so you can focus on growing your business.
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Frequently Asked Questions
Can Directors Pay Themselves a Bonus?
Yes, directors can pay themselves bonuses. These are often performance-based and typically awarded annually. Like regular salary, bonuses are subject to Income Tax and National Insurance Contributions (NICs), where applicable.
How Do I Pay Employers’ National Insurance?
Employers’ National Insurance Contributions must be paid either monthly or quarterly, depending on how your payroll is set up. This payment is made alongside your PAYE liabilities to HMRC. You can pay:
- Online via HMRC’s website
- By bank transfer
- By cheque
Make sure your payment clears by the 22nd of the month following the payroll period to avoid penalties.
How Do I Pay Myself from a Limited Company?
As a director of a limited company, you can pay yourself in several ways:
- A salary
- A bonus
- Company benefits (if applicable)
- If you’re also a shareholder, you can receive dividends from post-tax profits
Getting the right balance between salary and dividends can help you reduce tax liabilities. For a more detailed explanation, see our Guide to Directors’ Pay, where we break down all the options and what factors may influence your decision.