Archive for January, 2014

Apply, Update or Renew Dispensations before the end of the tax year, 6th April

Any money paid by an employer to an employee must be reported via the payroll or a P11D, or P9. A Dispensation is a notice from HMRC that removes the requirement for an employer to report certain expenses and benefits at the end of the tax year on a P11D or P9. It also removes the requirement for employees to submit claims for deductions against expenses reported on forms P11D or P9D. A Dispensation can take effect from the start of the tax year in which the application is made, so for 2013/14 you need to make yours before no…

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RTI (Real Time Information)

Last year, HMRC introduced Real Time Information (RTI) meaning those employers who do not outsource their payroll needed payroll software to report payroll information to HMRC in Real Time. HMRC provides free basic payroll software for employers with nine or fewer employees, but let’s face it, after a hard days work what entrepreneur wants to calculate the payroll when a small fee to a Payroll Bureau gets the job done more effectively and with no headaches to you? With a genuine desire to alleviate pressure on their clients, Kent Payroll Bureau Ltd brings a wealth of experience to your company…

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