What is Pay As You Earn (PAYE)?

If you are an employer, you typically need to operate PAYE (Pay As You Earn) as part of your payroll system. PAYE is HMRC’s method for collecting Income Tax and National Insurance from employment.
Every time you pay your employees, you must make PAYE deductions. This process can be complex, and errors can be costly.
Employee payments include salary, wages, tips, bonuses, and statutory sick or maternity pay. From these payments, you’ll need to deduct tax and National Insurance for most employees. Additional deductions might include student loan repayments and pension contributions.

You must report your employees’ payments and deductions to HMRC on or before each payday.

Uptax Payroll Services:
What Does Uptax Offer?
• Preparation and submission of payroll under Real Time Information (RTI)
• Administration of National Insurance, PAYE, statutory sick pay, and maternity pay
• Formal payslips for employees
• Clear reports showing exactly what to pay your employees and HMRC
• Year-end documents such as P60s, and documents for new starters or leavers
• Declarations for employee benefits to HMRC, such as company cars or health insurance