Employing staff can seem daunting, but for many small businesses it is the next step. Don’t let your business suffer – we can take care of all aspects of payroll and pensions.
Payroll doesn’t have to be a struggle!
From 1 to 1000, we can help you with all aspects of employing staff
Payroll
Whether you are paying one employee or hundreds of employees, Talking Numbers can make the process effortless. Your team will become one of the most important parts of your business, so make sure to get it right.
All staff in the UK must be paid under Pay-as-you-earn (PAYE), meaning income tax and national insurance contributions are deducted at source from wages and paid directly to HM Revenue and Customs (HMRC). Talking Numbers will register your business to run a PAYE scheme, and make sure that you are compliant before you start to employ staff.
Whether you are paying your staff a salary or an hourly rate, we will calculate all deductions for and send your staff payslips each week or month – depending on your chosen pay frequency. We can provide you with timesheets, checklists and other templates to make sure you have all the right information.
We will submit Real-time Information (RTI) to HMRC as required and provide you with payment totals to allow you to pay HMRC on time for income tax, employee and employer’s national insurance contributions, student loans, earnings orders and more.
Pensions
All employers need to operate workplace pension schemes – to help employees save for their retirement. You need to enrol all eligible employees in a pension scheme unless they opt out. Pensions don’t have to be scary, but they can be complicated. We can take care of your obligations and keep you compliant.
We can give you advice on setting up a pension scheme, and we will calculate the correct deductions from your employees’ salaries for each pay period. We will also calculate your contributions as an employer and send out the necessary correspondence to your employees.
How Else We Can Help
We offer a full selection of services for small and growing businesses! Learn more by selecting a service below:
Articles & Advice
Spring Budget 2024
The Chancellor of the Exchequer, Jeremy Hunt, delivered his budget statement in the House of Commons on 6th March 2024. This sets out the tax and spending plans for the coming year. We’ve summarised the key tax points below. Income tax The controversial “non-dom” tax...
The Side-Hustle Tax
What is the “side-hustle tax” and do I need to be worried about it? From 1 January 2024, online marketplace sites like eBay, Uber, Vinted, Airbnb and others are required to report their sellers’ sales details to HMRC. HMRC has always been able to request this data,...
Scottish Budget: 18th December 2023
The Scottish Government’s Finance Secretary, Shona Robison, set out her budget for 2024/25 on 18th December 2023. This was in the wake of the UK budget being announced on 22nd November 2023, where the Chancellor, Jeremy Hunt, announced a reduction in National...
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