Taxation

The interface between Personal Tax of a Director and Company Tax……

Looking at the interface of Personal Tax and Company Tax for small owner Managed Business and year 1 of a Company. There are many elements involved in tax planning in this way and we have lots of options we can discuss with you for what is best. Please feel free to contact us to discuss on 01905 691994 or email us at info@am-accounting.co.uk

About Us

All About Payroll

Written by M Beech FMAAT CIMA Dip MA Managing Partner

Payroll is something that can be a distraction for some businesses.

Would it be more cost effective to pay a Payroll Bureau (like AMA) to do the Payroll for you? So you can earn more money doing other things?

If you think how much time you spend on Payroll, how much Sales or Turnover could you bring in, doing your Core Activity in your Business?

We at AMA offer Payroll Solutions and this is a comprehensive service.

  • Pensions – we can run Pensions for you linked to your Payroll Software and assist you in your obligations with the Pensions Regulator here in the UK. We also provide the Software as part of the fee.
  • The Payroll itself, we have Software and work closely with you to Administer your Payroll.
  • Payroll Month runs from 6th of current month to the 5th of the next month.
  • We run Payrolls on the last day of each month.
  • We Email payslips to you.
  • We notify you about your PAYE NI tax to pay by the 19th of the following month to HMRC.
  • We can help with HMRC Queries or troubleshoot with Payroll / Payroll + Pensions links problems.
That all important Payday ! Take the Strain & Stress out of your Payroll Function = concentrate on what you do best!
  • Prices to Run Payroll Administration including Software =
    • 1 Employee * = £10 per month;
    • 2 Employees *= £13 per month;
    • 3 Employees = £15 per month;
    • 4 employees = £20 per month.
    • 5 employees or more = £3.75 per payslip.
  • Prices for Pension (separate)=
    • Set Up Initial Pension Configuration and Software = £300.
    • Run Pension monthly per employee = £3 per Employee

*= We at AMA often have small Owner Managed Businesses (1 or 2 Directors) where we incorporate Payroll alongside Dividends for tax planning for Limited Companies.

Let us Know if you would like to book a meeting to discuss this.

Our numbers: 01905 691994 / 07518 546810