Anyone with experience in working in a company or a practice environment will probably be familiar with the complications of payroll systems. As a GP Practitioner, Consultant, Dentist or a healthcare representative you most presumably are aware of the complexion and strain of accounting & payroll responsibilities; The full employee set up, Payroll calculations; SSP/ SMP/SAP and SPP Administration.
With Practices and clinics we are familiar with the Weekly, Fortnightly and Monthly Payrolls
Modern day Change in Payroll systems:
In this digital information age, it is essential for a company to set up a suitable financial plan and this includes focusing on accurate and important data. Making the right business decisions whether it's small clinics forming new payroll systems or larger companies outsourcing rather than hiring extra employees.
We are a medical accounting and payroll firm based in Barnet, and Enfield. We deal with Payroll Preparation such as:
Full gross calculations
Meeting statutory requirements
Real Time Information (RTI)
Production of Monthly reports
Production of HMRC reports
Production of Pension schemes
Tax Advice for GP Practices/Practice Doctors:
Corporation Tax Self Assessment for private GP Practitioners
Corporation Tax typically applies to profits made by limited companies, members’ clubs and to trade and housing associations.
Tax Rates:
FY 2016: 20% FY 2017: 19%
Submissions:
The submission must include the company’s Self Assessment return alongside details of any trade and other losses such as capital losses.
A company has a right to amend its return, including the Self Assessment within 12 months from the statutory filing date.
Feel free to visit our site for more guidance, advice or services for setting up or adjusting your payroll systems.
http://Healthcare Payroll Systems made simple
|