How we can help you
As a business your people are your greatest asset. Making sure that they are motivated, productive and engaged alongside the demands of complying with new legislation, managing tax compliance and reporting can seem daunting.
This is where we come in. We have specialist payroll, compliance, employee benefit, share scheme, employment status and global mobility teams that can help. They can deal with the issue, so that you can get on with running your business.
Payroll & National Minimum Wage Compliance
The risks and penalties of non-compliance are high. We can help. Our team can carry out a health check where we review your policies and procedures on payroll, expenses and benefits and/or national minimum wage. We then provide a full report highlighting any issues and how these should be resolved. HMRC is increasingly active in this area. Learn more about our tax investigation service by following the link below.
Construction Industry Scheme (CIS)
The Construction Industry Scheme (CIS) can be complex and confusing for contractors and sub-contractors alike, whether you are starting out and new to CIS or you have been in the construction sector for a number of years. The expectation of compliance from HMRC is very high. Penalties for failures by both contractors and sub-contractors are harsh and difficult to mitigate, so we can help you get things right.
Employment Status (IR35)
Legislation that was due to come into force on 6 April 2020 has been delayed for 12 months. However, from April 2021 the way in which businesses engage with individuals who provide their services through a personal services company will change. So you need to understand your obligations and plan ahead.
Employee Benefits & Rewards
The right employee benefits scheme creates value for employees and employers alike. We know that there is no ‘one size fits all’ solution. Companies have different needs and a scheme should reflect the workforce, be adaptable and relevant to achieve maximum impact and return on investment.
At PKF Francis Clark we not only provide businesses with tailored financial planning services to meet their strategic goals, but also ensure that they are structured in the most tax efficient way to make sure businesses get maximum return on investment in their employees.
Increasing share ownership is proven to help retain and motivate staff and there can also be some potentially substantial tax savings available – although there are a number of challenges and ways to structure share participation.
Outsourced Payroll Solutions
We manage the payrolls of over 1,090 clients nationwide, in businesses of all sizes. The team of qualified, experienced payroll professionals provides an efficient and comprehensive service, delivered with a personal touch that makes us part of your team.
Our service is cost-effective and releases you from the time-consuming administration and compliance headaches.