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Payrolling Benefits in Kind – Everything you need to know

Menzies

Menzies LLP - A leading chartered accountancy firm. The Payrolling Benefits in Kind scheme was set up by the UK Government in 2016 and this refers to the practice of processing employees benefits through the payroll rather than on a P11d. Check that your employees are eligible for the benefits you plan to payroll.

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Setting up a UK Payroll

Menzies

Menzies LLP - A leading chartered accountancy firm. If you employ staff in the UK or want to pay yourself a salary you will need to know how to set up and process your payroll. Once you have the scheme references you can set up your payroll and calculate payments to employees.

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Should Payroll be outsourced?

Menzies

Menzies LLP - A leading chartered accountancy firm. As an employer you will have many responsibilities and the question of whether you should outsource your payroll may have crossed your mind. At first glance it seems that payroll is a simple task that you can handle without help. Benefits of Outsourcing your payroll.

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Preparing for Payroll End

Menzies

Menzies LLP - A leading chartered accountancy firm. As an employer you will need to ensure that you have completed your payroll year end by 5th April 2023. We have broken down the year end payroll process for you so that you can make sure you have completed all tasks and submitted your returns to the HMRC on time.

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What’s the difference between accounting and bookkeeping?

Reckon

Much like those people who don’t understand the difference between Aussie rules, league and association football and call them all footy, a number of small business owners use the terms accounting and bookkeeping interchangeably. An easy start is to say that an accountant can be a bookkeeper but a bookkeeper isn’t an accountant.

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Preparación del Payroll Year end

Menzies

Menzies LLP - A leading chartered accountancy firm. Como empleador, sus obligaciones incluyen completar el cierre de su ejercicio de nóminas( Payroll year end ) antes del 5 de abril de 2023. contact-form-7] The post Preparación del Payroll Year end was written by Menzies Demi Fossitt and appeared first on Menzies LLP.

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Menzies recognised as Sunday Times’ Best Places to Work 2024

Menzies

Menzies LLP - A leading chartered accountancy firm. Menzies isn’t just a leading firm of accountants, finance, and business advisors—we’re a community of passionate professionals dedicated to excellence, balance, and cultivating a vibrant workplace culture.