In This Chapter
Preparing to pay your employees
Operating the new real-time information system
Dealing with benefits
Paying HM Revenue & Customs
Unless your business employs just one person (you, the owner), you probably need to hire employees, and that means that you have to pay them, offer benefits and manage a payroll.
Human resources staff and bookkeeping staff usually share responsibilities for hiring and paying employees. As the bookkeeper, you must make sure that all HM Revenue & Customs tax-related forms are completed, and you need to manage all payroll responsibilities including paying employees, collecting and paying employee taxes, collecting and managing employee benefit contributions and paying benefit providers.