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Class 4 National insurance u-turn
One of the significant announcements Chancellor Philip Hammond made on Budget Day was the proposed increases to the main rate of Class 4 Nat...Read more >
14 Apr 2017
VAT Flat Rate Scheme - Limited cost trader
Changes are being made to the Flat Rate Scheme (FRS) which take effect from 1 April 2017. These changes may mean that the FRS is less attrac...Read more >
10 Apr 2017
Spring Budget 2017
Budget announcements contain many fundamental taxation changes which will affect business and personal lives for the years to come. Written ...Read more >
9 Mar 2017
Xero now has over one million subscribers!
At Prime we love Xero and have been fans from the start! It gives us immense satisfaction to see that Xero have now got more than One Millio...Read more >
7 Apr 2017
What business can learn from sport
There are many correlations between Sport and Business, the planning and discipline that goes into being a successful athlete are equally ap...Read more >
8 Dec 2016
Be prepared, the National Minimum Wage rises on October 1st 2016
As of 1st October 2016 the National Minimum Wage rates for apprentices and different age bands will increase. Last year HMRC investigated mo...Read more >
28 Sep 2016
Contact Prime Today
To discuss our PAYE Schemes, please contact us for a free initial meeting.Please Email Us >
As a new employer, you will need to set up a Pay As You Earn (PAYE) scheme with HMRC in order to submit Income Tax and National Insurance payments for your employees. Our guide, Payroll – Basic Procedures, gives a basic overview of what you need to operate PAYE, including which forms you'll need and key dates. Prime can assist you with this process if you wish to manage your company’s payroll in-house.
However, the operation of PAYE, and keeping up to date with the legislation associated with PAYE, can be a difficult and time-consuming procedure for those in business so Prime offers a cost-effective payroll service that manages as much or as little as you wish. Our specialist payroll team, Prime Paysolve, provides:
- Reduced overheads as there is no in-house requirement for specialist staff or costly software
- Tailored services to meet your payroll requirements for weekly, four weekly or monthly pay, and caters for overtime payments and holiday pay
- Complete confidentiality in handling all employees’ pay, including directors’ payments
- Access to a professional payroll team to respond to your queries
- Easy to read, tailored reports to meet statutory and regulatory requirements.
Our flexible approach provides a tailored service that provides a totally outsourced payroll solution through to advice on managing your own payroll. Please contact Prime to determine which level of service best suits you.
Call Prime Today - we're here to help
If you are looking for an accountant for your business or personal finance matters call Prime Chartered Accountants, to arrange a free, no-obligation meeting with a Director.
Coventry - 024 7651 8555 or Solihull - 0121 711 2468