Your own accredited accountant
All returns and filing included
Unlimited help and advice
Leading cloud accounting software
Real-Time Bookkeeping
Reminders – never miss a deadline
We understand that ensuring your staff are paid the right amount on the right day we understand is crucial to running of your small business.
Again like VAT, the obligation to operate a payroll is often viewed as a significant overhead to a small business, fraught with potential problems and all at the employer’s liability.
We offer a full Payroll Outsourcing flexible enough to be tailored to suit each clients needs. Pay slips will be delivered directly to your employees through email with encrypted reports and pay slips.
Getting the right advice on payroll issues is another area that can improve the performance of your small business. Our payroll is not simply a processing service. We offer advice and answer questions about a whole range of payroll issues.
Get started with an accounting solution that meets your needs
Get started with the right accounting solution for your business
Any small business that has employees will need to run a payroll. There are strict rules around who is classified as being an employee, so be sure that all positions filled have been assessed.
Payroll is the term used to describe records and calculations for the pay and deductions of employees under the PAYE (Pay As You Earn) system. Under PAYE, Real Time Information (RTI) Returns are to be submitted to the HMRC on each pay day.
Unfortunately, the HMRC issues penalties starting at £100 per missed RTI return are payable to HMRC and any underpaid tax and NI due will also accrue interest.
This makes it essential you have a good provider in place to avoid costly penalties and to ensure a smooth process when paying your employees.
Payroll’ s can be very complex to manage correctly. Therefore, unless you have experience with this it is almost always better to seek advice from a professional.
Some of the benefits of using outsourcing your Payroll and PAYE submissions to Accounting Wise to manage:
Peace of mind
By using professionals you know that your PAYE calculations will be correct and accurate. Capturing and managing various employee benefits can be complex.
PAYE Investigations
You are less likely to be investigated by HMRC if you use an adviser. This is because HMRC have ways of knowing if figures submitted on a return are likely to be incorrect. This is a common trigger for a tax investigation.
Save Time
In most cases it will take you a lot longer to complete your own Payroll and PAYE submissions than it would for an adviser. This time could be better spent running your business.
Managing the Payroll and PAYE submissions with the best intentions of the business
This is usually in the form of badly planned benefits schemed offered to employees. Most business owners are not aware of all the different types of benefits in kinds and the various taxes that they incur.
Get started with an accounting solution that meets your needs
Our online accountants have a range of qualifications from the Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). We are also an Institute of Certified Practising Accountants (ICPA) accredited firm, and a HMRC registered Agent.
Get started with the right accounting solution for your business
1 Choose Your Package
Choose from our pre-built packages or customise your own to see exactly what services you need and how much you’ll pay each month. We make it easy to find the perfect fit for your business!
2 Sign up with Us
After selecting your preferred level of service, simply provide a few additional details to register with us through our easy sign-up form or by giving us a call. It’s that simple to get started!
3 You’re ready to go
That is it, we will begin to set your services up for you, contact you previous accountant if required, and begin the authorisation process with the HMRC
Everything you need in one place
All official documents provided
Online Hub to manage your company
London Registered office Address
Your own incorporated limited company
Get started with the right accounting solution for your business
