Payroll Management: As an employer, you are responsible for managing your employees' pay and ensuring that you are compliant with all PAYE regulations. Our PAYE services can help you streamline your payroll processes, ensuring that your employees are paid accurately and on time, and that you remain compliant with all regulations.
Employee Benefits: Offering employee benefits can be an effective way to attract and retain top talent. Our team can help you design and implement employee benefits packages that are tailored to your unique business needs and that are compliant with all PAYE regulations.
Tax Compliance: Staying on top of your tax obligations can be challenging, especially as tax laws and regulations are constantly changing. Our team can help you navigate the complexities of PAYE regulations, ensuring that you remain compliant with all tax laws and regulations and avoiding penalties and fines. At Credery, we are committed to providing you with the support and advice you need to manage your payroll and tax obligations effectively. Contact us today to learn more about our PAYE services and how we can help you achieve your business goals.
HOW STRATEGY WORKS
Pay As You Earn (PAYE) is a tax deduction scheme that applies to all UK employers. Under the scheme, employers must deduct income tax and National Insurance contributions (NICs) from their employees' pay and submit these deductions to HM Revenue & Customs (HMRC). Employers must also report their employees' pay and deductions to HMRC on or before each payday. The PAYE scheme is designed to help ensure that employees pay the correct amount of tax and NICs and to simplify the tax-filing process for employers.