Our payroll team here at Silver Tree adopts a flexible approach to deliver payroll services which suits your requirements. We aim to work with you to deliver the services you require in a way which compliments your business. Whether it is a small business payroll services you need or comprehensive payroll management we have in house specialist’s knowledge to provide you quality service.

Real Time Information (RTI) Requirement

In April 2012 HM Revenue and Customs (HMRC) began the phased introduction of Real Time Information (RTI), under which the information about tax and other deductions under the PAYE system is transmitted directly to HMRC whenever an employee is paid from the company.

This eventually led to HMRC being able to implement tight monthly deadlines to submit the payroll info online and also imposing fines for any late submissions and non-compliance.

PAYE Registration

We discuss the requirement of our clients and advise them if it’s in their best interests to register for PAYE scheme and assess their standing against the following conditions that must be fulfilled for PAYE registration:

• You’re paying employees at or above the PAYE threshold.
• You’re paying employees at or above the National Insurance Lower Earnings Limit (£166/week for tax year 2019/20).
• The employee already has another job
• They employees are receiving a state, company or occupational pension.
• You are providing them with any employee benefits.

If any of the above conditions are fulfilled, then we can liaise with you in registering you for PAYE scheme.

Monthly Payroll Processing

We provide efficient payroll processing services to clients that wish to outsource their payroll department. As part of our payroll service we provide the following:

• Monthly/weekly payslips.
• Payroll summary reports.
• P32 PAYE Liability report.
• Dealing with starters and leavers.
• Help and advice regarding statutory maternity pay, statutory paternity pay as well as statutory sick pay.
• P60 for the tax year.
• P45 for any employee leaving your employment.
• P35 (employer annual return).
• Filing of RTI (Real Time Information) PAYE returns to HM Revenue & Customs.

PAYE De-registration

If you decide that running a monthly/weekly payroll is not in your best interests, then we can also provide assistance in regard to getting you de-registered from payroll services, We would also ensure that all the necessary final declarations are submitted, so that no fines are imposed by the HMRC for any non-compliance.