Payroll

Setting up payroll and auto enrolment for employees

As a business owner in the Droitwich and Worcester areas, you may need to employ staff to grow your business. This can be an exciting time but also a little daunting, particularly when sorting out payroll. You can set up and manage the process yourself as an employer, although many prefer to outsource it to […]

What is minimum wage?

One of the significant changes to be announced in the Chancellor's 2023 Autumn Statement was the increase in the minimum wage levels employers are legally required to pay. These changes, which come into effect in 2024, could have a huge impact on businesses in Kidderminster, Redditch and across Worcestershire. National Minimum Wage vs. National Living […]

When are P11Ds due? Advice from a bookkeeper

As bookkeepers in Droitwich we are often asked about how and when to file a P11D. The deadline for P11D forms to be filed with HMRC is 6 July, with any Class 1 national insurance contributions (NICs) to be paid by 19 July or 22 July if paid electronically. Your bookkeeper will usually prepare P11Ds […]

Does a bookkeeper also do payroll?

Bookkeepers and payroll specialists are essential in managing a company's finances. However, there are significant differences between the two roles. While a bookkeeper is responsible for recording financial transactions and maintaining accurate financial records, a payroll specialist is responsible for calculating and processing employee salaries and benefits. So, does a bookkeeper also do payroll? In […]

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