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Greycoat Payroll If you employ a member of staff in your household and they are paid more than £105 per week (Tax Year 08/09) you have the same legal responsibilities as a commercial employer. These obligations can be very time consuming and complex therefore Greycoat Placements have teamed up with Stafftax, the market leaders in household payroll support and advice, to create Greycoat Payroll and offer clients direct access not only to a dedicated payroll provider but also, for those who subscribe, access to an Employment Law helpline. An Employer has a Legal Requirement to do the following:
• Deduct employee’s Tax and National Insurance contributions • Pay employer’s National Insurance contributions • Provide Payslips to the Employee • Provide an annual summary of payments and deductions Greycoat Payroll - The Service we provide:
• Quarterly summary of monies due to HMRC • Special rates for Multiple Employees • Specialists in Part-time Employment • Ensure compliance with Statutory Liabilities • Keeping you up-to-date with tax changes • Online advice and guidance - because we recognise that time is of an essence to busy working professionals and that you may not always be able to contact us during office hours • Electronic filing of End of year returns Plus • Unlimited Access to Employment Law Advice Helpline The Alternatives
• Not declaring a full salary also affects an employee’s rights to unemployment benefit, state pension and Statutory Maternity Pay. • Self Employment is not usually an option for domestic employees as they do not meet the HMRC criteria for self employment • Using an accountant is usually far more expensive and….quite simply doing it yourself is not that easy! Fees
• Annual subscription currently £254.47 (including VAT). Subscription
• or call 0844 871 1696 |