Biking Bookkeeper: Payroll (PAYE)

If you currently run your own payroll then imagine not having to worry about your payroll software updates, the ever changing payroll legislation and adequate payroll staff cover for sickness and maternity. We are convinced that you will make a saving using our specialist service.

Our online PAYE service takes care of all of the payroll needs of a small UK business. This includes the calculation of PAYE and NIC deductions from each wage payment and enabling you to print payslips. Our software is accredited by HM Revenue & Customs as meeting Payroll Standard, including electronic filing of P14 and P35 annual returns.

Below is a summary of the different ways a small company could calculate the PAYE and NIC deductions from its monthly wages.

Payrolls for small and medium businesses:

Calculation and amendments
The calculation of statutory payments for sickness, paternity and maternity leave
The processing of overtime, commissions and other payments
The administration of student loans, pension contributions and all attachment orders
Stationery and forms
Security payslips and analysis by office, department or cost split centre reporting
Completed End of Year Return forms P60, starter forms P46 and leaver forms P45
E-filing of the End of Year Return forms P35 and P14
E-filing may entitle your company to a tax free payment
Weekly, bi-weekly, monthly payments.
Setting up new deduction sheets at the start of the tax year
Receiving and using new tax year tables
Receiving and applying new tax year codes

PAYE:

Finalising form P11 at the end of the tax year - Deductions Working Sheet
Completing the Employer Annual Return: P14s and P35 - submission online to ease paper load
PAYE forms: P45, P46, P60, P11D

Most organisations seek a fully-managed service. We appreciate that all businesses are different; there is no one single payroll solution that will be suitable for every client.

We therefore offer you the ability to obtain a specific solution that meets your needs. For example, this may involve us advising you to change your pay frequency from weekly to monthly.

The processing of the payroll is only the tip of the iceberg with regards to the benefits of using biking bookkeeper as your payroll provider.The increasing complexity of UK government legislation means that many organisations find it difficult to ensure their payroll meets full legal requirements.