Payroll

Are you looking for a deeper understanding of how payroll works for small businesses? Here you’ll find must-read guides for small business owners and accountants that cover all aspects of payroll such as payslips, RTI submissions, tax codes and statutory maternity pay.

Friendly Disclaimer: Whilst I am an accountant, I’m not your accountant. The information in these guides are legally correct but are for guidance and information purposes only. Everyone’s situation is different and unique so you’ll need to use your own best judgement when applying the advice that I give to your situation. If you are unsure or have a question be sure to contact a qualified professional. I cannot accept responsibility for any losses or penalties you may incur while following the contents.

UK Payroll Basics

Reporting to HMRC

Starter & Leavers

Deductions

Benefits in Kind

HMRC Benefits in Kind & P11d Forms

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Payslip Template in Excel

Download this free payslip template in excel and follow the instructions on how to fill it in.

Employers National Insurance Rates Explained

Understand employers national rates, how employers pay NI on the salaries they pay as well as on benefits in kind.

The Secondary Threshold for National Insurance

Understand the secondary threshold for national insurance, the 2021/2022 NI rates payable and how these will change in the future tax years.

How Payroll Works for UK Small Businesses

A Beginners Guide to Payroll for Small Businesses

Payroll basics for small businesses incl. reporting to HMRC, handling payslip deductions & what you’re legally responsible for as an employer.

Payslips & Payslip Deductions Explained

Understand payslips, tax codes and payslip deductions made by employers on behalf of employees paid under the PAYE system.

How Does Tax Relief Work on Workplace Pensions?

Find out what the qualifying earnings thresholds are, how the calculation is made and how tax relief works on workplace pensions.

What is a P32?

A P32 is an HMRC form used until 2013, when RTI submissions were introduced, to summarise income tax, student loans and national insurance owed by an employer to HMRC by each PAYE month along with details of things like statutory maternity pay and statutory sick pay.