If you employ people, you will be subject to a large number of rules, regulations and tax liabilities. For example, you must make sure that:
- you are paying your employees the National Minimum Wage
- you have provided employment contracts
- you deal with any disciplinary issues correctly
- dealing with the new Real Time Information (RTI) filing requirements
I can help you with the running of your payroll and assist you with complying with the various regulations. There are several websites that provide a wealth of information on the various rules and regulations. These include the Business Link website,www.businesslink.gov.uk, and the ACAS website, www.acas.org.uk.
Another important area when employing people are pension contributions. There are new pension regulations coming into in effect in the next year or so, which will affect all businesses that employ people. There are new requirements for providing and contributing to pension schemes, regardless of how big the business or how many employees it has.