Small business payroll checklist

Small business payroll checklist

when you need to hire staff

1. Make an offer and issue an employment contact
2. Ask staff to complete a new starter form to capture important details
3. Provide staff with payslips each week/month.
4. Report staff pay and deductions to HMRC on the same date as you make a payment to your staff
5. Pay PAYE tax (each month or quarterly if you are a really small business)
6. Enrol staff into a payroll scheme
7. Provide staff with a P60 (end of year earnings summary) by 31 May following the 5 April tax year end
8. Issue P11Ds (summary of non-cash benefits) to staff by 7 July following the 5 April tax year end (and pay any tax theron)

If staff leave

1. Follow the correct procedure and seek legal advice if there is any ambiguity
2. Issue staff with a P45 (summary of their year to date earnings and tax deductions) if they leave your business during the tax year
3. Don't forget to hold back any money they owe you from their final pay