Payroll & Workplace Pensions
Our Services
Seamless pension & payroll solutions
The ever-growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance can make this an extremely worrying concern for employers. It also diverts energy and resources from the core activities of your business. The team at ABMV can help you resolve any issues professionally, accurately, and promptly.
Our comprehensive and confidential payrolls service includes:
Help and guidance with the setup, and day-to-day running of workplace pension schemes and any legislative requirements.
Administration of PAYE, National Insurance, statutory sick pay, statutory maternity pay, student loans and attachment of earnings orders.
Completion of statutory forms, including year end returns, and submit to HM Revenue & Customs Summaries of the analyses of your staff costs.
At year end we will submit final RTI reports to HMRC and produce P60s for your staff.
Administration of incentive schemes, bonuses, ex-gratia and termination payments
Administration of pension schemes
CIS Returns
Through our payroll software we also can provide secure online payslips.
We are a Military College and ABMV have done our payroll for the past few years. During this time I have never had any problems at all with any part of the payroll procedure. I have nothing but good words to say about the service that ABMV provide. We would definitely recommend ABMV as we feel they are a very professional and friendly organisation.
– Michelle Wilson
Director, Forces Prepped
Pensions & Payrolls
Frequently Asked Questions
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If your employee or all your employees earn below the Lower Earnings Limit of £123 per week/£533 per month you do not need to register as an employer, except if
They have another job
They are in receipt of a pension
They receive expenses or benefits from you.
For each employee, you need to establish whether they are in any of these situations and if any one of them is you will need to set up a PAYE scheme. If you do not need to have a payroll you will still need to keep employee records for 3 years plus the current year as evidence that you did not need to set up a scheme. You must follow data protection rules when retaining records about your employees.
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If you have any employees who are eligible for automatic enrolment you have to set up a company pension scheme.
You must automatically enrol any eligible employees into a pension scheme and make contributions to their pension if all of the following apply:
They are classed as a ‘worker’
Are aged between 22 and State Pension age
Earn at least £10,000 per year
Usually (‘ordinarily’) work in the UK (read the detailed guidance if you’re not sure)
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If an employee is working for an employer on 5th April you must give your employee a P60. This must be provided by 31st May, on paper or electronically. A P60 proves how much tax an employee has paid on their salary, for example: to claim back overpaid tax.
ABMV provide a comprehensive and totally confidential payroll service
01732 366077 | admin@abmv.co.uk