Taylor Accounting & Financial Management
Professional Payroll Services
At TA&FM we offer a national payroll service for businesses. Operating payroll can be time consuming for business owners and requires you to stay up-to-date with legislation. We can take the burden off your shoulders. Our experienced team will ensure that all payroll aspects have been dealt with and comply with current legislation. All we need is for you to provide us with is gross pay details and we will do the rest.
Why outsource your payroll to us?
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Hassle free process - just 'fill in the blanks' and we will expedite the salary information to you
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Total flexibility with unlimited pay types
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Dedicated, experienced payroll experts, providing peace of mind
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Quick and easy, with multi-site functionality
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Accurate employee records, constantly maintained
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Payslips
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Extremely cost effective rates
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Free up your time
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CIS Payroll Services (Construction Industry Scheme) for Contractors & Subcontractors
If you are a contractor in the construction industry and you employ subcontractors then you have a legal obligation to deduct tax and National Insurance from subcontractors’ wages each week or month. TA&FM has established a CIS payroll service which helps our clients avoid HMRC fines following a failure to comply with CIS rules.
TA&FM represents contractors and subcontractors alike who seek to ensure HMRC rules relating to CIS are followed correctly. When a subcontractor applies to be a CIS self-employed worker a UTR (Unique Tax Reference Number) will be issued to him or her by HMRC. This UTR allows the team here at The Financial Management Centre to deduct the correct amount of CIS tax from your or your subcontractors payments each month. You can apply for CIS status here or alternatively, contact your local office.
Who our CIS payroll service is for
The CIS service offered at the The Financial Management Centre is available for the following group of people:
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Contractors
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Subcontractors
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What our CIS payroll service covers
Our CIS service will carry out the below list of activities on your behalf:
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We will register contractors for the CIS scheme with HMRC
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Verify your subcontractors with HMRC
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We can produce statements of payments & deductions and on monthly / quarterly basis
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Complete your monthly return and submit to HMRC
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Offer general advice concerning all aspects of CIS