Employment Taxes & Payroll
Employment tax is becoming an increasingly specialist area of taxation and is widely accepted as an area on which there is regular HMRC focus. At Wylie & Bisset, we can assist clients in keeping abreast of ever-changing legislation and guide them through both their employment taxes compliance obligations and planning opportunities.
Our tax specialists can advise on:
We remove the administrative burden of arranging real time submissions to HMRC and process payroll in line with our clients’ needs, making sure PAYE/NIC deductions are in order.
The workplace pension environment has undergone major change. We can assist clients with the process in anticipation of staging and implementation. This can include reviewing payroll processes and giving advice on improvements required.
We use specialist software to produce year end benefit statements on forms P11D for clients who are providing their employees with annual benefits in kind. Where required we can advise on benefits policies and procedures, to keep record keeping in order.
Employment Taxes Health Checks
We use our health check
–service to advise clients as to whether they are meeting their statutory obligations and what, if anything, they should improve upon, assessing risk and reward along the way.
We work with our clients to assess what is the most beneficial remuneration strategy for them and their employees.
Share Options and Staff Incentives
For clients looking to reward employees via share incentives, we can review share option and incentive strategies. These often play a key part in employee retention and development, and can benefit the business as a result.