Payroll & Book Keeping

Payroll

Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. Furthermore, the task is made all the more difficult by the growing complexity of taxation and employment legislation.

Ellis & Co can relieve you of this burden by providing a comprehensive and confidential payroll service including:

  • Employees' payslips
  • BAC's payments
  • Completion of P45's for leavers
  • P11D and employee benefits
  • PAYE returns for the Revenue
  • Administration of Statutory Sick Pay, Statutory Maternity Pay and Statutory Paternity Pay
  • Weekly or monthly payroll

Our payroll service provides the following on an annual basis, regardless of whether we run your payroll throughout the year:

  • Employer's annual return - P35- filed online
  • Employee summaries -P60's
  • Employee benefits and expenses returns -P11D and P9D

Book Keeping

To save you tying up valuable resources with routine bookkeeping and accounting we can set up the appropriate accounting procedures for you that ensure your records are kept fully up to date and compliant with statutory regulations.

But we don't stop there; we can provide you with regular management accounts that keep you routinely informed on essential areas such as:

  • Cash flow
  • Profitability
  • Performance ratios
  • Credit control
  • Budget comparisons

 

Online Filing

In recent years the Government has encouraged the use of online filing, so much so  that it is set to become compulsory in the near future for:

  • Personal, partnership and trust income tax returns
  • Corporation Tax returns for limited companies and clubs & associations
  • VAT returns for registered traders
  • PAYE annual returns for  employers
  • Limited company annual return forms

Ellis & Co can help you avoid sizeable penalties by taking care of your online filing requirements

Construction Industry Scheme (CIS)

If you are a Contractor in the HMRC CIS scheme you are under many obligations and it's possible you may not be aware of all of them. There's a lot to do and let's face it you probably have more important things to do running your own business.

At Ellis & Co we can:

  • Tell you how much tax to deduct from each payment
  • Complete monthly statements for subcontractors and send them out for you
  • Complete the monthly CIS Return and submit it to HMRC online
  • Calculate the amount of tax due to HMRC each month and complete the payslip for you.

We can act as your agent when dealing with CIS submissions; our detailed knowledge of the scheme has saved clients thousands of pounds and a great deal of hassle.