PAYE
Every company that has any employees must register for the Pay as You Earn (PAYE)
scheme. PAYE tax and National Insurance Contributions are deducted at source
and paid over to HMRC. PAYE contributions are paid over to HMRC quarterly or
annually depending on which scheme you register for.
Multisolo offer several PAYE services;
Multisolo Umbrella
For many contractors working through an Umbrella Company is the best option because it removes the administrative overhead of having to chase payments from your agency/client, issuing invoices, calculating tax and National Insurance contributions and completing a tax return. Multisolo Umbrella establishes you as an employee of the company and ensures that you are paid PAYE, i.e. tax and National Insurance is deducted from your payments at source. This option is ideal for any contractor who feels they are caught by IR35 or who do not want the responsibility of running their own limited company
Directors Payroll
As part of our limited company service offering we run payroll for the directors. As the director of your own limited company you set the salary you wish to be remunerated and we will calculate your PAYE and account for these transactions in your company accounts.
Employee Payroll Services
We provide a complete outsourced payroll solution for employees of your company. By outsourcing to Multisolo you can ensure your staff are paid accurately, on time every time. And you can be confident your payroll service will be fully compliant with the latest legislation and regulations.
Multisolo provide a complete range of PAYE services, contact us to discuss your requirements.
