To get your payroll set up, you’ll need some key info:
- How many employees you have
- Personal details of your workers, including their National Insurance numbers
- How much each worker earns, including any bonuses
- How often you pay your workers – weekly, monthly, etc.
- If you already have a pension scheme, which workers pay into it and how much.
Running your payroll
- When you run your payroll, the software should automatically calculate wages, tax, National Insurance, and pension payments. Easy peasy!
Making payments
- The software will also help you set up ways to pay your workers, send pension contributions, and submit tax and National Insurance to the government.
- The key is having the right systems in place to make payroll a breeze for your small business.