Outsourcing Payroll

Outsourcing Payroll

Does it make sense for your business? Around 1.4 million businesses in the UK employed members of staff in 2018, and all of them shared one thing in common: the legal requirement to run payroll. This task consumes a large amount of time each month, with multiple...
Payroll issues for Employers

Payroll issues for Employers

A guide for employers on topical payroll issues. Employers need to keep an eye on changes affecting payroll so all employees have the right amount of tax deducted under PAYE. This is a round-up of the latest payroll-related developments. Dynamic coding In July 2017,...
Accounting for CIS

Accounting for CIS

Accounting for CIS  So we understand the principles of CIS, but how do we account for the transactions in our accounting software? See An introduction to CIS if you need to recap. Account Codes We recommend that you set up the following general ledger account codes in...
An introduction to CIS

An introduction to CIS

The construction industry scheme works a little like a payroll scheme but for the constructions industry. Contractors employ subcontractors for jobs, on which they must deduct tax but not national insurance and pay it monthly to HMRC. Deductions count as advance...

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