payroll and paye Archives

The Benefits of Payroll Outsourcing for London Businesses

Leave a Comment / Accountants, blog, payroll and paye / Alexander

Managing payroll is one of the most crucial yet complex responsibilities for any business. Whether a company operates with a handful of employees or commands a large workforce, the obligation to calculate wages accurately, process statutory deductions, handle reimbursements, and ensure timely payments remains indispensable. Payroll, however, is far from simple. One miscalculation can ripple […]

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What Is PAYE? A Complete Guide for 2026/27

Leave a Comment / Accountants, payroll and paye, Taxation / Alexander

If you have ever looked at your payslip and wondered why your take-home pay is less than your gross salary, the answer is usually PAYE. Short for Pay As You Earn, PAYE is the UK’s system for collecting Income Tax and National Insurance directly from wages or pensions. If you want to understand what is

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What Is PAYE on Payslip? A Complete UK Guide for 2026/27

Accountants, accounting services, blog, payroll and paye / Alexander

If you’ve ever looked at your wage slip and wondered what is PAYE on payslip, you’re not alone — it’s one of the most searched payroll questions in the UK. In simple terms, PAYE (Pay As You Earn) is the system HMRC uses to collect Income Tax and National Insurance directly from your salary before

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What Is a Tax Gross Up for Payroll?

Leave a Comment / payroll and paye, Taxation / Alexander

In the intricate world of payroll management, few concepts spark as much curiosity and, at times, confusion as the idea of a Tax Gross up. While payroll professionals encounter it routinely, many employees remain unaware of its practical implications. Understanding grossed up taxes is essential for both employers and employees to navigate compensation packages effectively,

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How To Update HMRC Payslip Tax Code | A Complete Guide

Accountants, HMRC, payroll and paye / Alexander

Everything you need to know about the HMRC payslip tax code and why it can allow you to get cash back from HMRC is provided here. Have you ever checked out the tax code on your pay slip? This combination of letters and numbers is the key to knowing how much tax you’re paying on

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What is Back Pay on Payslip?

Accountants, payroll and paye / Alexander

Late pay can occasionally be confusing to both employers and employees in the UK. Whether a late payment is the consequence of an oversight an error or the need to adjust a previous pay period it is important to understand what is back pay on payslip and how it affects you. Each element of late

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Can a Sole Trader Have Employees?

Leave a Comment / Business Growth Ideas, payroll and paye, Self-employment / Alexander

Wondering can a sole trader have employees? The quick answer is yes. But it is not practised on common grounds. Being a sole trader, it is not necessary to work all alone. Of course, you can hire employees to expand your business. By employing people, you became an employer and there are legal obligations you

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Employer Payment Summary (EPS): When to Submit?

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If you are a UK-employer running PAYE for your payroll, you are bound to do certain tasks every month. Along with other tasks whilst paying your employees, you need to report their pay, and NI & tax deductions to HMRC in Full Payment Submission (FPS). After sending your FPS, send an Employer Payment Summary (EPS)

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