PAYE Registration Service

Go for PAYE registration with Finacbooks and report employee salary deductions to HMRC.

Submit the query form.
Get Calls from Experts Near You
Provide Required Information & Upload Document Online
Congratulations! You're Done!

PAYE Registration

Home / PAYE Registration

PAYE Registration

PAYE registration is mandatory for every individual who is running a company and paying himself or his employees any amount in the form of salary. After the company registration, you can easily register for PAYE (pay as you earn) scheme. The main purpose of PAYE scheme is to deduct income tax & national insurance at specified rates every time you pay a salary. The deductions made to the salary are reported to HMRC as per the new real time information system introduced by HMRC.

There are tax codes provided by HMRC to employers which help them in understanding that how much PAYE amount to be deducted from salary of each employee. In case HMRC doesn’t have sufficient information about the PAYE details of the employee, employer need to use emergency tax code at the time of deducting PAYE until the tax department gets enough information about the employee and adjust the deductions accordingly. The tax code given to the employer can be found on –

Pay slip
Pension statement (In case of occupation pension)
E–mail received by you from the tax office

What we do?

Setting up of PAYE
PAYE registration
Taking care of registration formalities
Processing of application to HMRC.

How Finacbooks help in PAYE registration?

Finacbooks is a leading UK portal providing accounting, finance & taxation services to freelancers, contractors, consultants and small businesses. We are having more than 10 years of experience in helping individuals, freelancers, contractors, consultants and small businesses in PAYE registration. We will guide you through the entire process of PAYE registration. To avail the best deals on PAYE registration, kindly call us at 03300886645 or you can also e-mail us at business@finacbooks.com

PAYE Registration FAQs

How much PAYE amount should be deducted from employee earnings?

The amount of PAYE deduction depends upon employee earnings and his tax code. Our accountants are having updated payroll system which not only calculates PAYE amount but even file it to HMRC.

How employees kept informed about the amount they paid under the PAYE scheme?

The tax & the national insurance amount paid by an employee under PAYE scheme is shown on the payslip of the employee for that particular month. Employee can also see the full deducted tax and national insurance contribution amount in P60 statement which are issued to the employee at the end of the year containing details of gross income paid, all deductions made and the amount of net PAYE.

What happen if I don’t pay tax to HMRC or file RTI returns on time?

If you will not pay the tax amount to HMRC or not file RTI returns on time, you will be charged with fines & penalties from HMRC.

Whether company director is considered as an employee or not?

Yes, a company director is viewed as a separate legal entity from the company and hence considered as an employee. In such case, company is your employer.