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Are you aware that new legislation affecting breaches in your Payroll could cost you £5,000?

 
 

By 2010 all employers, large or small, will be required by law to submit their P35 annual payroll returns online.

Through legislation introduced in May 2004, all employers face fines of up to £5,000 per employee if they do not adhere to the strict rules covering the prevention of illegal workers in the UK.

The Inland Revenue will soon be implementing plans to make it compulsory to quote addresses, dates of birth and National Insurance numbers on all documentation (P45s P46s P14s etc.) submitted to them. Failure to comply will attract financial penalties.

Payroll has rapidly become a logistical and administrative nightmare with quite onerous consequences for getting it wrong, innocently or otherwise. Keeping up to date with the changes in: SMP, SPP, SSP, Holiday Pay Entit-lement Calculations and new legislation is both costly and time consuming.

We provide a comprehensive and reliable service for the small to medium size employer. Our main objective is to make your life easier by removing all the payroll worries, leaving you to concentrate on running your business. We recognise that each employer’s requirements are different so we tailor our services to suit your needs.

We feel confident that our highly experienced team can provide you with a cost effective and professional service.

 
 

   
 
 
     
 

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Lloyd Barnes Payroll Services, Exeter, Plymouth and Devon

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