Payroll and Pensions

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:

Our Services for Small Businesses

Articles & Advice

National Insurance if you’re Self-Employed

National Insurance if you’re Self-Employed

National Insurance pays for certain state benefits and the State Pension. Almost everyone pays National Insurance on their earnings, but self-employed individuals need to make contributions too. What is National Insurance? National Insurance Contributions (NICs) are...

Payroll Year-End – What do you need to do?

Payroll Year-End – What do you need to do?

With the end of the tax year fast approaching on 5th April, make sure you know what payroll tasks you need to do to start the year right. Payroll is based on the tax year, which runs from 6th April to the following 5th April, and an employee’s pay details for the tax...

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