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Chartered Certified Accountants
and Business Advisors

01530 267320

Payroll & Auto-Enrolment

Administering your payroll can be time-consuming, diverting energy and resources from the core activities of your business. The task is further complicated by the growing complexity of taxation and employment legislation and the potential penalties for non-compliance.

Sence Accounting can provide a comprehensive and confidential payroll service:

  • Producing customised payslips
  • Completion of P14, P60 and P35 year end reports
  • Online filing of year end returns
  • Creation of your payroll journals
  • Provision of P11d forms
  • Administration of PAYE, National Insurance, Statutory Sick Pay, paternity pay, holiday pay calculations
  • Administration of incentive schemes, bonuses and ex-gratia payments
  • NEW for 2014/2015 tax year - open payslips which is a new method to electronically distribute payslips to employees. Further information will follow in 2014.

Sence want to make sure that information is available when you need it - please refer to our Resources section. If you can't find what you're looking for, contact us and we'll be happy to get one of our team to look into it for you.

Auto Enrolment

In order to ensure more employees are planning and saving for their retirement, Auto-enrolment has been brought into place with new changes to the workplace pension legislation.  This means all employees who earn over a certain threshold are required to be auto-enroled into a pension scheme organised by the company they work for.  Our Accountants are here to help you understand the requirements for Auto-Entrolment - call us on 01530 267320.

Who Needs to be enrolled?

This easy table will help you to access the requirements for each employee:

        Sence Accounting - Auto Enrolment

 

 

 

 

 

 

 

From the company's staging date, employers will be required to pay regular contributions into their staff pension scheme for staff who have been automatically enrolled or who have opted in.  The table below shows the minimum amounts the employer will need to pay.

Sence Accounting - Auto-Enrolment Advice, Leicestershire

You can also read our FREE Guide covering everything you need to know about Auto-Enrolment here - Auto-Enrolment FREE Guide

For help & support with all your Payroll or Auto Enrolment needs, please contact us on 01530 267 320 or email info@senceaccounting.co.uk

Latest news

Pensions

The contributions into workplace pensions will rise to a 2% employer minimum and 5% total. They are currently 1% and 2% ...

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National Insurance

The lower earnings limit will rise by inflation to £116 per week and the thresholds for when national insurance kicks i...

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Tax rate and allowances

The personal tax allowance will increase to £11,850 from the new tax year. Therefore, the emergency tax code will be 11...

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Overtime Complications

Have you considered the ruling which says that voluntary overtime if paid sufficiently regularly must be included in hol...

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Bank Holiday Problem 2018

The holiday year in England and Wales is 1 April to 31 March, and you might not yet have looked at where Easter falls in...

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HMRCS’s interest rate rises

In August 2016 the interest rate HMRC charges you for not paying your tax bill on time (which tracks bank interest rates...

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Scotland’s Finance Secretary has made radical changes to income tax rates for 2018/19

The table below shows the Sottish income tax rates and allowances for 2018/19: Personal tax-free all...

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Another year of the flat rate National Insurance

From 6 April 2018, the flat rate Class 2 national insurance contributions for the self-employed was due to be scrapped; ...

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