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  • Pay As You Earn

The term pay as you earn is quite straight forward if you have the appropriate payroll methods set up beforehand.

Once you have the payments set up you can make sure that everyone at your business is paid on time and most importantly, paid the correct amount every time.

From April 2013 there was an introduction of Real Time Information. This new system of finance involves finding more time factors and recording these time sheets for payment purposes. This also includes making sure that all payments to HMRC are punctual and in line with the payroll agreement. Some added benefits to this are that you no longer have to personally manage the time sheets yourself and you also don’t have to create end of year returns (apart from P11D’s and Class 1A Contributions).

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Call us on 028 9266 3599 for detailed information about how we can help you with your pay as you earn situation.

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