How to Register as an Employer with HMRC

You normally need to register as an employer with HM Revenue and Customs (HMRC) when you start employing staff, or using subcontractors for construction work.

You must register even if you’re only employing yourself, for example as the only director of a limited company.

You must register before the first payday. It usually takes up to 5 days to get your employer PAYE reference number. You can’t register more than 2 months before you start paying people.

If your business starts employing people on or after 6 April, you’ll get your employer PAYE reference number by 17 May.

To pay an employee before you get your employer PAYE reference number, you should:

  1. Run payroll
  2. Store your full payment submission
  3. Send a late full payment submission to HMRC

More information and help can be found here

Reminder!!! National Living Wage

ARE YOU READY?

In only two weeks’ time, that is on 1st April 2016, the Government’s new National Living Wage will become LAW.

http://www.teamjobs.co.uk/wp-content/uploads/2015/10/living-wage.jpgIf you’re working and aged 25 or over and not in the first year of an apprenticeship, you’ll be legally entitled to at least £7.20 per hour.

If you’re an employer, you’ll need to make sure you’re paying your staff correctly from 1st April 2016, as the National Living Wage will be enforced as strongly as the current National Minimum Wage – which still applies to those aged under 25

You can find out more by clicking here – there are sections for Workers and Employers to find out who is eligible.

Workplace Pensions – Your Staging Date

It is very important that all employers should know their Staging Date – that is the date when Automatic Enrolment to the Workplace Pension Scheme  commences at your workplace.

If you do not know it, it can be easily found – all you need to know in advance is your PAYE reference number, an example of which would be 943/WZ5121A, to be found on any of your correspondence from the Pensions Regulator.

Click here to find your Staging Date