Primis Contractor Services’ Post

A PAYE Settlement Agreement (PSA) is a handy arrangement that lets employers cover certain tax and National Insurance contributions on behalf of their employees. It's perfect for those small, irregular, or impractical-to-report benefits, like gifts or staff entertainment. With a PSA, instead of processing these perks through your employees' payroll, you pay a lump sum to cover the tax due. This makes things easier for both you and your team, ensuring everyone enjoys the benefits without the extra admin hassle! 🔗 https://lnkd.in/enSt_ETR 📞 020 3962 4212 #Payroll #PayrollServices #Alliance #AllianceCombined #PAYE #PSA #PAYESettlementAgreement

📊 Understanding payroll jargon is key to smooth operations! Let's identify some essential terms: ** National Insurance (NI): Contributions that fund state benefits. ** Real Time Information (RTI): Reporting payroll data to HMRC in real-time. ** Auto-enrolment: Automatically enrolling eligible employees into a pension scheme. ** Gross Pay: Total earnings before deductions. ** Net Pay: Take-home pay after deductions. ** Compliance: Adhering to legal payroll requirements. ** P60: Annual statement detailing earnings and deductions. 👩💼💼 Whether you're navigating NI contributions or ensuring compliance with RTI, We Contract is here to simplify payroll for your business. 💬 Drop your payroll questions below or visit the link in our bio for expert guidance! #WeContract #PayrollServices #Contractors #Freelancers #EmploymentSolutions #Payroll #Contracting #FreelanceLife

Where's my payment after three months of waiting? Source: https://lnkd.in/geDCZfqU "Where is my unpaid salary after three months of waiting? How to handle a boss who keeps giving excuses about payroll issues, What can I do to ensure I get my money? #UnpaidSalary #WorkersRights #FinancialIssues #SmallBusinessTroubles"

𝐏𝐚𝐲𝐫𝐨𝐥𝐥. 𝐒𝐜𝐡𝐦𝐚𝐲𝐫𝐨𝐥𝐥? One of the biggest pains for businesses in the UK when running payroll is ensuring compliance with ever-changing legislation and regulations. This includes staying up-to-date with: 👉tax codes, 👉National Insurance contributions, 👉pension schemes, 👉statutory payments (like sick pay and maternity pay), and 👉reporting requirements such as Real Time Information (RTI) submissions to HMRC. Failing to comply can result in penalties, making the process both time-consuming and stressful for businesses. If you're one of our clients, you don't need to worry about any of that - and if you're not one of our clients, perhaps you might like to be. Email nikki@nsaccounts.co.uk and let's talk! #Payroll #Schmayroll #Painroll #RTI #Employer #Accountant #DigitalAccountant

𝐏𝐚𝐲𝐫𝐨𝐥𝐥. 𝐒𝐜𝐡𝐦𝐚𝐲𝐫𝐨𝐥𝐥? One of the biggest pains for businesses in the UK when running payroll is ensuring compliance with ever-changing legislation and regulations. This includes staying up-to-date with: 👉tax codes, 👉National Insurance contributions, 👉pension schemes, 👉statutory payments (like sick pay and maternity pay), and 👉reporting requirements such as Real Time Information (RTI) submissions to HMRC. Failing to comply can result in penalties, making the process both time-consuming and stressful for businesses. If you're one of our clients, you don't need to worry about any of that - and if you're not one of our clients, perhaps you might like to be. Email nikki@nsaccounts.co.uk and let's talk! #Payroll #Schmayroll #Painroll #RTI #Employer #Accountant #DigitalAccountant

𝐏𝐚𝐲𝐫𝐨𝐥𝐥. 𝐒𝐜𝐡𝐦𝐚𝐲𝐫𝐨𝐥𝐥? One of the biggest pains for businesses in the UK when running payroll is ensuring compliance with ever-changing legislation and regulations. This includes staying up-to-date with: 👉tax codes, 👉National Insurance contributions, 👉pension schemes, 👉statutory payments (like sick pay and maternity pay), and 👉reporting requirements such as Real Time Information (RTI) submissions to HMRC. Failing to comply can result in penalties, making the process both time-consuming and stressful for businesses. If you're one of our clients, you don't need to worry about any of that - and if you're not one of our clients, perhaps you might like to be. Email nikki@nsaccounts.co.uk and let's talk! #Payroll #Schmayroll #Painroll #RTI #Employer #Accountant #DigitalAccountant

📅 **Attention Employers! October is here, and so is your crucial deadline!** From October 1 to October 31, it's time to submit your Employer Interim Reconciliation (EMP501). This submission is vital for ensuring accurate PAYE deductions and compliance with the South African Revenue Service (SARS). By completing your EMP501 on time, you not only avoid penalties but also maintain a trustworthy relationship with your employees and the tax authority. ✅ Don’t wait until the last minute! **Set a reminder today to ensure your submission is completed by the deadline #accountant, #taxadvisor #bookkeeper #payroll #secretarialservices

📌 𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧 𝗡𝗢𝗧𝗜𝗖𝗘 📌 The Employer Interim Reconciliation filing season is approaching fast! From 16 September 2024 to 31 October 2024, all employers must submit their EMP501 Reconciliation to SARS. During this critical period, employers across both private and public sectors are required to reconcile their Monthly Employer Declarations (EMP201). This reconciliation must include: 📊 Interim IRP5/IT3(a) certificates, 📊 Accurate payroll data, and 📊 PAYE payments made between 1 March 2024 and 31 August 2024. Need assistance with your PAYE Reconciliations? We’ve got your back! At LTM Accounting, we can ensure your submission is accurate and compliant, helping you avoid unnecessary headaches. 📧 admin@ltmaccounting.co.za 🌐 www.ltmaccounting.co.za #EmployerReconciliation #EMP501 #PAYE #SARSCompliance #Payroll #TaxFiling #LTMAccounting #SouthAfrica #TaxSeason