01992 926 699 / 07540 994 993

PAYE FREQUENTLY ASKED QUESTIONS

When do I need to set up a PAYE scheme?

As an employer you must comply with PAYE regulations set out by HMRC.

If you are paying yourself or anyone else over the Lower Earning Limit (LEL) you must operate a PAYE scheme.

LEL for last tax year 23/24 | LEL for the current tax year 24/25

£123 per week                        £123 per week
£533 per month                      £533 per month
£6,396 per year                      £6,396 per year

Can I set up my own PAYE scheme?
Yes, however we always advise you engage with a payroll provider to ensure you are complying with PAYE regulations to avoid any penalties being issued by HMRC.
Do I need to report to HMRC once I have set up my PAYE scheme?
Under Real Time Information regulations, you must report to HMRC on or before you make any payment to yourself or your employees.

FREQUENTLY ASKED QUESTIONS

Do I need a payroll provider?

  • Do I need a payroll provider? 
  • Are you a new company looking to employ staff for the first time?
  • Do I have the knowledge, or manpower to run a PAYE scheme in-house?
  • Do I struggle to keep up with ever changing legislation?
  • Do I know enough about workplace pensions to be compliant?
  • Do I have the time or knowledge to do it myself?

Gross pay payroll services can assist with all the above, we know payroll and you know your business.

SHOULD I CHANGE PAYROLL PROVIDERS?

Are you happy with your current payroll provider?


Is your current payroll provider delivering the same old service?

Are your PAYE liabilities up to date? 

Maybe it’s time to move to a different approach – Gross pay offers as standard:

  • On time, every time 
  • Secure online document exchange portal for every client
  • Secure online document receipt portal for every employee
  • Paperless payroll
  • No hidden costs
Gross Pay Ltd
Hours

Mon 09:00 – 17:30
Tue
  09:00 – 17:30
Wed
 09:00 – 17:30
Thu 
09:00 – 17:30
Fri  
09:00 – 17:30
Sat
 By Appointment
Sun
 Closed  

Payroll and Accountancy Services in Colchester. Call Gross Pay Ltd for a free consultation, or PAYE advice.

Head office – Second Floor Unit 107 Albany Gardens, Colchester, CO2 8HQ