So You Want to be an Employer!

Nick Robinson

Mar 21, 2013 | Payroll

Initially becoming an employer for the first time is an exciting event. Employing staff brings with it additional responsibilities as well as an increased workload.

Registration with Her Majesty’s Revenue & Customs (HMRC) is fairly straight forward. Once the relevant information has been supplied HMRC will recognise you as an employer and supply you with lots of informational that will enable you to fulfill your statutory obligation.

All the information supplied will help you to produce, run and manage your own payroll. Taking the step to become an employer is an ongoing commitment to manage a payroll including the production of pay slips, charging the correct National Insurance contributions and handling tax codes.

In addition you will need to produce end of year records, issue P45’s and P11D”s and much more. This is one of the many reasons why some employers choose to outsource their payroll. Using an experienced company to provide payroll solutions is one way of ensuring that payroll needs are met. Alternatively you could embark on a journey of learning how to manage your own payroll.As well as registering for PAYE you will also need to consider the following:Employment contracts; and disciplinary procedures.
Health and safety.
Staff handbooks.
Registration with the information commissioner.
* Employer liability insurance.

Cloud Roam

09:26 03 Feb 20

THIS ACCOUNTANCY OFFICE IS THE FIRST PLACE YOU HAVE TO VISIT WHILE THINK TO START A COMPANY IN U.K. MANY THANKS FOR YOUR PRECIOUS HELP ALL THESE YEARS. SPECIAL THANKS TO NICK AND BETH

Josh Fisher

15:24 29 Nov 19

Amazing company to work with friendly, local and enthusiastic would be more than happy to work with them again.

Darren Francis

09:00 24 Sep 19

Nick and his team at Yorkshire Accountancy are amazing - we run 3 relatively small professional services consultancy businesses and they are always ready to help and incredibly proactive with all the statutory dates and requirements - they really make it easy for us to get on with the running of our business.

Sean Lilley

19:35 02 Oct 19

Yorkshire Accountancy have been brilliant during my first year as a Ltd company. They're very helpful, make everything easy and I would highly recommend.

Paul Blanshard

10:39 31 Jan 19

I have used Yorkshire Accountancy now for many years. Nick and his team do a fantastic job, always professional with quick responses to any questions, not to mention the value for money. Having a great accountant is invaluable. Can’t recommend highly enough.

oyinda adeniyi

18:05 10 Mar 20

Timely , reliable , helpful , & extremely knowledgeable. The team at Yorkshire Accountancy are brilliant and are on top of all the statutory requirement , which allows me to focus on the important aspects of the business. I can't thank them enough & I would highly recommend

Christopher Salmon

08:57 27 Apr 20

Always efficient everything explained where necessary cannot recommend highly enough

So You Want to be an Employer!

So You Want to be an Employer!

MAKE AN ENQUIRY TODAY