Payroll Services | Accountants, Tax and Business Advisers in Cumbria and Carlisle

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. To help employers may offer support with childcare costs. Childcare Vouchers function via a salary sacrifice mechanism. This approach involves an employee agreeing to a reduction in their cash earnings, typically to gain a non-cash advantage.

Employees have the option to forego a portion of their salary in exchange for Childcare Vouchers. This exchange allows them to benefit from savings on tax and National Insurance Contributions. However, to capitalise on these savings, employees must use the Childcare Vouchers exclusively for registered childcare services.

Each qualifying parent is permitted to transfer up to £243 monthly from their salary into their Childcare Voucher account.

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

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.