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PAYE

PAYE is a system from HMRC by which tax and National Insurance Contributions are collected. Each time your employees are paid, tax and employees NIC are deducted from your their gross wage if necessary.

The tax, employees NICs and Employers Class 1 NICS are paid by the employer to HMRC. These payments are normally paid monthly to HMRC by specific deadlines. If you have a managed account with us these payments are made by us on your behalf.

The new Real Time Information from HMRC requires the payroll information to be submitted to them each time the payroll is run. This is submitted for you by us as your agent.

HMRC should send any correspondence directly to us but if you do receive any paperwork please forward this on to us.

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