Ensuring your staff are paid in a timely manner and keeping up to date with ever changing payroll legislation can truly be a nightmare. Since the introduction of RTI the person running payroll needs to be much more on the ball than before. Large firms rely on a well-staffed payroll department to take care of these issues, but for smaller firms it makes sense to have your payroll taken care of by the accountants taking care of your bookkeeping – and then of course you have no more worries about keeping up to date with the latest legislation.
Some of our clients in the construction industry working under CIS have a combination of PAYE employees and CIS regulated sub-contractors, and a combination of us taking care of PAYE and the client looking after the CIS side can work very well – whatever solution works for you is usually the best way forward.
Auto enrolment is relatively new, and as with any new legislation there has been the usual bedding in process and changes to legislation. It is another area where there are many pitfalls – not least of which is it’s a criminal offence not to be compliant – scary!