Who we are in the world of PAYE

At Metcalfes, we are a leading provider of payroll and PAYE services in the Bury and Greater Manchester area. With over 30 years of experience in accounting and tax, we have developed deep expertise in navigating the complexities of PAYE (Pay As You Earn) for businesses of all sizes. As a trusted partner to our clients, we pride ourselves on delivering tailored solutions that ensure compliance, accuracy, and efficiency in their payroll operations.

What we offer in the world of PAYE

Our comprehensive PAYE services cover the full spectrum of payroll management, from initial setup to ongoing maintenance and reporting. Whether you’re a new employer or an established business, we can handle all your PAYE requirements, including:

• Registering your business for PAYE with HMRC
• Calculating and deducting the correct amounts of income tax and National Insurance Contributions (NICs) from employee wages
• Preparing and submitting Real Time Information (RTI) reports to HMRC
• Administering statutory payments such as Statutory Sick Pay, Statutory Maternity Pay, and Shared Parental Pay
• Providing detailed payslips and payroll records for your employees
• Handling PAYE-related correspondence and inquiries with HMRC
• Advising on PAYE-related legislation changes and their impact on your business

Our team of payroll experts utilises the latest technology and software to streamline your payroll processes, ensuring accuracy, timeliness, and compliance with all relevant regulations.

The key features of PAYE

PAYE is a system that requires employers to deduct income tax and National Insurance contributions from their employees’ wages and salaries, and then pay these deductions to HMRC. The key features of PAYE include:

• Tax and NIC deductions: Employers must calculate and deduct the correct amounts of income tax and NICs from each employee’s pay based on their individual circumstances and HMRC’s tax codes.
• Real Time Information (RTI) reporting: Employers must submit payroll information to HMRC in real-time, on or before the date they pay their employees.
• Statutory payments: Employers may be required to make statutory payments such as Statutory Sick Pay, Statutory Maternity Pay, and Shared Parental Pay, which must be calculated and reported correctly.
• PAYE documentation: Employers must provide payslips, P45s, and P60s to their employees, and maintain accurate payroll records for HMRC inspections.
• PAYE legislation: Employers must stay up-to-date with changes in PAYE-related legislation and ensure their payroll processes comply with all relevant laws and regulations.

The key benefits of PAYE

By outsourcing your PAYE management to Metcalfes, you can enjoy a range of benefits that will help your business thrive:

• Compliance and risk mitigation: Our expertise ensures your PAYE processes are compliant with all relevant regulations, reducing the risk of penalties and fines from HMRC.
• Time and cost savings: By handling your payroll and PAYE obligations, we free up your valuable time and resources, allowing you to focus on core business activities.
• Accuracy and efficiency: Our advanced payroll systems and experienced team deliver accurate and efficient PAYE calculations, reporting, and record-keeping.
• Personalised support: We work closely with you to understand your unique business needs and provide tailored PAYE solutions that meet your requirements.
• Peace of mind: With Metcalfes managing your PAYE, you can have confidence that your payroll and tax obligations are being handled by trusted professionals.