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Payroll refers to the records – paper or electronic – and calculations that you make to work out your employees' pay and deductions under the PAYE (Pay As You Earn) system.
Should you offer employment within your business to another individual it is highly likely you will require a payroll scheme.
Payroll not only covers wages but includes employee benefits and deductions made under the construction industry scheme.
For more information please give us a call and we will be happy to help.