Payroll Services

At Lamont Pridmore, we provide a range of services to ensure that we add value to our clients’ businesses and ensure they run as smoothly and efficiently as possible.

We know that as an employer, payroll can be a problem. Not only do you have deduct the correct tax and national insurance (NI) from pay, but you may also need to make other deductions such as maternity or sick pay, pensions and student loan repayments, while also dealing with taxable benefits, like company cars.

We have a wide range of services to help your business including:

Payroll bureau

Managing your payroll can be burden that you could do without. Whether you are a sole trader or a large company, we can provide a fast and cost-effective payroll bureau, leaving you free to concentrate on running your business. We can help you and advise on:

  • Calculating wages
  • PAYE
  • Producing pay slips
  • Paying staff
  • Calculate NI due to HMRC and claim £2,000 NI refund
  • RTI returns
  • Pension auto-enrolment

Maternity and Paternity pay

For many businesses understanding and calculating maternity pay can seem a nightmare, and for new parents having a baby is stressful enough without having to worry about receiving the correct payments. We can advise on:

  • Statutory Maternity Pay (SMP) and leave
  • Statutory Paternity Pay (SPP) and leave
  • Statutory Adoption Pay (SAP) and leave
  • Maternity allowance for those who don’t qualify for SMP
  • Parental leave
  • Flexible working hours

Assisting with tax credits

For many people tax credits form a vital part of their income. Tax credits are payments made regularly by the state into individual’s bank accounts to support those with children or those in work with a low income. At Lamont Pridmore we can advise you on:

  • Claiming tax credits
  • Renewing tax credits
  • The introduction of Universal Credit

Childcare vouchers

Paying for nursery and childcare fees is an expensive outlay for parents, with the latest figures suggesting fees have risen by 27% since 2009. Employers can however sign up to childcare vouchers which are treated as a tax-free benefit. These can be provided to employees with a value up to £55 per week, or £28 per week for higher rate taxpayers. We can advise on:

  • Suitable childcare voucher schemes
  • Signing up employees
  • The conditions for the tax-free provision of childcare by employers
  • The provision of childcare facilities on premises

Providing tax-free benefits

Providing tax-free benefits to employees is a great way to reward staff without having to increase salaries on a yearly basis. There are a number of tax-free benefits that can be provided for employees from technology to events. We can advise you tax-free benefits including:

  • Mobile phones
  • Staff activities
  • Travel
  • Office accommodation or supply
  • Home working
  • Relocation
  • Long service awards
  • Medical treatment
  • Parking
  • And more…

Salary sacrifice schemes

Many employers are now offering their employees salary sacrifice schemes where employees agree to sacrifice or give up part of their salary in order to receive tax or national insurance savings for both the employer and employees, increasing the overall value of the pay package. At Lamont Pridmore we can provide advice on:

  • Childcare voucher salary sacrifice
  • Additional employer pension contributions
  • Cycle-to-work schemes
  • Company Cars
  • Parking
  • Work-related training
  • Effect of salary sacrifice on tax credits, life cover, maternity page or mortgage applications

getting-to-grips For more information, download our useful guide ‘Getting to grips with salary sacrifice’.

Expense payments and dispensation schemes

Reporting business expenses can be a real headache for businesses. Some expenses need too be reported and others don’t. To remove the reporting requirements some businesses can apply for special dispensations from HMRC. We can advise on:

  • What can be claimed as a business expense
  • Maintaining detailed expenses records
  • Filing P11D returns
  • Claiming dispensations

Checking employees notice of coding

Employees often receive PAYE coding notices from HMRC where there have been complications with tax codes. This is often as a result of complications with taxable state benefits, benefits-in-kind, work expenses or underpayment of tax in previous years. We can work with employers to:

  • Check their employees coding notice
  • Make changes to their payroll to correct PAYE coding errors
  • Help employees repay tax through PAYE
  • Ensure their payroll is up-to-date to reduce coding notices

Employment law support service

We have access to a team of HR and employment law specialists who can help guide you through the minefield of employment law and contracts of employment.

Want to know more?

For information on how Lamont Pridmore can help you call us on 0800 234 6978 or email info@lamontpridmore.co.uk