Services
Payroll, CIS, Auto enrolment and Pensions
Payroll and auto enrollment
If you run payroll yourself, you’ll need to report your employee’s payments and deductions to HMRC on or before each payday. This can be a daunting task as you will also need to work out how much tax and national insurance that you are liable for. You’ll also need to send another report to claim any reduction on what you owe to HMRC, E.g statutory pay.
This can all be quite daunting to a new business or a business that is growing, we can help and file your RTI P.A.Y.E for a small charge every payroll run. You have peace of mind knowing that you are compliant with the UK legislation and can focus on running your business.
- Auto enrollment legislation requires employers across the UK to automatically enroll certain workers into a qualifying workplace pension scheme and make contributions towards it.
- Failure to comply could result in a fine from The Pensions Regulator. So don’t get caught out – find out how we are helping employers meet their auto enrollment responsibilities.
- Planning ahead and setting up a pension for your staff couldn’t be easier and the scheme can be activated when you are ready do so – at your Staging Date or when you intend to recruit new employees into your business.
- At Aragonvile Ltd we can administrate your workplace pension scheme and help you and your business stay compliant.
CIS returns
Our CIS team at Aragonvile Ltd can ensure that you are operating the Construction Industry Scheme correctly to give you the peace of mind to focus on other areas of your business.
You must register as a contractor with the Construction Industry Scheme (CIS) if:
- You pay subcontractors to do construction work
- Your business doesn’t do construction work but you usually spend more than £1 million a year on construction
You may be a sole trader, in a partnership or own a limited company. As a contractor there are certain rules you must follow:struction Industry Scheme (CIS) if:
- You must check if you should employ the person instead of subcontracting the work. You may get a penalty if they should be an employee instead.
- Check with HM Revenue and Customs (HMRC) that your subcontractors are registered with CIS.
- When you pay subcontractors, you’ll usually need to make deductions from their payments and pay the money to HMRC. Deductions count as advance payments towards the subcontractor’s tax and National Insurance bill.
- You’ll need to file monthly returns and keep full CIS records – you may get a penalty if you don’t.
- You must let HMRC know about any changes to your business.