PAYE

Back to Tax Basics: How does PAYE work?

Once you become an employer, you’ll need to set up a pay-as-you-earn (PAYE) scheme All businesses that employ people earning above the National Insurance (NI) lower earnings limit (£120 per week) must register with HM Revenue & Customs (HMRC) as an employer and operate their own PAYE scheme. This applies even if you’re a company owner taking a...

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How to pay your PAYE online

We’ve had a few clients that have contacted us to ask us how to pay their PAYE online. So we thought it would be a great idea to walk you through the process step-by-step! 1. Simply Type HMRC into google. Click the first link that appears (https://www.gov.uk/government/organisations/hm-revenue-customs) 2. Click the ‘Paying HMRC’ option at the top of the...

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