Barbara Selkirk Qualified ACMA and ACIS   Accountant   offers  IT  expert proactive  accountancy  services  to   new  or  ongoing  small  businesses, sole traders, clubs  and small limited companies. 


Self Assessment

VAT Services


Limited Company

Bookkeeping Service

Corporation Tax Return

Tax Advice

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Pay Slips


PAYE On Line returns


Changes in legislation



BSW Accounting Services


Ballards Place


Tenbury Wells

Worcs WR15 8JR


Tel : - 01584 814594



Payroll & PAYE – The Basics


PAYE (Pay As You Earn) is the system that HM Revenue & Customs (HMRC) uses to collect Income Tax and National Insurance contributions (NICs) from employees' pay as they earn it. The term 'employee' includes directors of limited companies.


An employer must deduct tax and NICs from the employees' pay each pay period and pay Employer's Class 1 NICs if earnings are above a certain threshold.  Employers pay these amounts to HMRC monthly or quarterly.


Employing staff can actually a greater headache to the business owner than taxation.

BSW Accountancy Services will calculate your employees' wages and provide you with payslips and a summary of the payroll run.

We can calculate the wages on a weekly or monthly basis;
track holiday pay, sick pay, maternity pay, pension contributions and attachment of earnings and handle working families tax credits.

We will keep you informed of changes in legislation, the minimum wage and holiday pay for example.

BSW Accounting Services willfill in and submit many of the PAYE forms over the Internet using HMRC’s PAYE Online for employers service. Sending information like this is quick and easy and is more reliable and efficient than using paper format. The forms that you can send online include:

·                     P9(D) Return of Expenses Payments and Income

·                     P11D Expenses and Benefits

·                     P11D(b) Return of Class 1A National Insurance contributions due

·                     P14 End of Year Summary

·                     P35 Employer Annual Return

·                     P38A Employer Supplementary Return

·                     P45 Part 1 Details of Employee Leaving Work

·                     P45 Part 3 New employee details

·                     P46 Employee Without a Form P45

·                     P46 (Car) car provided for private use of an employee or director




















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