PAYE Payroll
company such as Delta Pay needs to know inside and out if they want to claim that they are payroll savings specialists. The majority of tax payments come through PAYE with only construction workers and IR35 registered people falling outside it.
When you get paid at the end of each working period, the earnings are taxed and paid to HMRC together with the payments for National Insurance. There are many elements to calculating PAYE and the final amount due. Each of these need to be bought into the calculation is accurate and no more paid than is absolutely required. Just because PAYE is an obligation, it does not mean that you should not use payroll savings specialists such as Delta Pay, rather the opposite.
Because of the widespread use of PAYE, it is the bread and butter of any payroll company and understanding it is critical to the business. Without that we cannot serve the majority of our customers. We understand PAYE very well and this is one of our core payroll services.
At Delta Pay, we understand that payroll processing can take its toll, both time and budget-wise, to keep up-to-date with what appears to be ever-changing regulations, as well as investing in software. In addition, the significant expense of staffing the payroll department in-house, making arrangements for holiday and sickness coverage, as well as recruiting and training, you begin to question whether it is such a smart idea to keep this vital job in-house after all.