Payroll for Growing London Businesses: PAYE, RTI and Pensions Made Simple

Hiring your first employee is a big milestone — and it comes with a set of payroll duties that HMRC takes seriously. Getting people paid correctly and on time, while staying compliant, is more involved than many London employers expect. Here is what is involved and how to keep it simple.

What payroll involves

Every pay run means calculating gross pay, deducting the right income tax and National Insurance, producing payslips, and paying HMRC what is owed. On top of that sit statutory payments such as sick pay and maternity pay, plus starters, leavers and year-end forms like P60s.

Real Time Information (RTI)

Under RTI, employers must report pay and deductions to HMRC on or before every payday, not once a year. Miss those submissions and penalties follow, so accuracy and timing really matter.

Workplace pensions and auto-enrolment

Most employers must automatically enrol eligible staff into a workplace pension and contribute to it. That means assessing employees, making the right contributions and submitting the details to your pension provider each pay run — an ongoing duty that is easy to overlook when you are busy.

Getting it wrong is costly

Payroll errors do not just upset staff; they can mean penalties, interest and time-consuming corrections with HMRC. As your team grows, the admin grows with it.

How BES runs payroll for you

We run payroll for growing London businesses on any schedule — weekly, fortnightly or monthly — handling payslips, RTI, pensions and statutory pay, with CIS payroll available for construction firms. It is fixed-fee and fully managed, so your team is always paid right and on time.

Taking on staff? Call BES Accountancy on 0333 224 4111 or ask for a per-payslip quote today.