It is unfortunate, but like it or not, as the stewards of the business you are the Treasury’s unpaid tax collector. Not only do they not pay you to perform this vital role in the company, but if you get it wrong, they will penalise you.
The penalties which can be charged for failing to properly apply the PAYE and NIC regulations are amongst the most stringent on the tax statute book. Failure to comply can ruin a business, and as always, ignorance of the law is no defence.
Connect Advisory Partners offers a complete and cost-effective service for payroll. We will make all the necessary submissions and advise you of what to pay and when. We will also deal with the PAYE Inspector as required.
We can release your time and ensure the quality of wages processing, administration, and importantly, we will also ensure that you pay no more PAYE/NIC tax than you absolutely have to.
An important part of our job is to know how each of our agency clients work and being able to fit in with their way of doing things. We raise invoices, collect timesheets, chase payments and do everything we can to make life as easy possible for our sub-contractors. This means everything you need to get paid will be handled by us.
Once you’re fully registered as a sub-contractor of Connect Advisory Partners you’re covered with all the necessary insurances that you’ll need to work with any clients. These include professional indemnity, public liability insurance and an optional personal accident cover.
Whilst working with Connect Advisory Partners you may also benefit from joining the Flat Rate VAT scheme. The Flat Rate VAT Scheme will give you access to even more money with no effort from you. It’s win, win. We have experts that can help you with this.
As all of our sub-contractors are important to us, Connect Advisory Partners has negotiated a rock bottom price for all of sub-contractors Self-Assessment Tax Returns. This will give you access to a fully qualified accountant who will walk you through the Tax Return process making sure you always pay the right tax and claim the right expenses.
