Work Smarti

💡Helping Business Owners Work Smarter💡

Payroll, Finance, and Automated Business Processes

28/12/2025

Making Tax Digital

Are you Ready?

28/03/2025

Employers will soon be hit with increased costs due to the rise in Employers National Insurance, also with more rights for employees from day one due to come into force, will this lead to businesses outsourcing more tasks than keeping them inhouse?

26/03/2025

Payroll Year End is fast approaching, you should ensure you process this on time and remain compliant.

* Ensure you make your final submissions to HMRC
* Distribute P60s to employees before 31st May
* Report any expenses and benefits to HMRC by 6th July

Remember to update your software and update any tax codes before you begin processing in the new tax year.

24/03/2025

From April 26 Making Tax Digital will become compulsory for some for Income Tax.

You’ll need to use the service for Income Tax from 6 April 2026 if all of the following apply, you:

* are an individual registered for Self Assessment
* get income from self-employment or property, or both, before 6 April 2025
* have a qualifying income of more than £50,000 in the 2024 to 2025 tax year

Will you be ready?

We can help provide assistance to ensure you remain compliant, drop us a message to discuss.

11/01/2025

We have lots of experience in payroll, our payroll processing costs start form £25 per month. Payroll services can include salary sacrifice, benefits in kind, pensions management and all statutory submissions. If you are considering outsourcing your payroll, contact us for a free consultation to see how we can help you.

09/01/2025

First Full week of 2025 - have you set some financial goals for your business? How will you be tracking them and ensuring you remain accountable?

07/01/2025

Happy New Year! Wishing all business owners a successful 2025! We will be taking on a small number of clients for Bookkeeping / Payroll help and support. We have various deals available depending on the services required, prices start from just £25 per month! We offer a free consultation to discuss your needs, make sure you get your books in order in 2025!

02/12/2024

🎄 61 Days to Go… Deadlines for Tax Returns!

It’s that time of year—counting down the days to Christmas with advent calendars and festive cheer. But here’s a countdown you can’t afford to miss:

🕒 61 Days to the Self-Assessment Tax Return Deadline!

January 31st might feel far away, but it’ll be here before you know it. With the holidays and year-end rush, leaving your tax return to the last minute can quickly turn festive fun into financial stress.

Why Act Now?

✔ Avoid Late Filing Penalties: Missing the deadline could cost you £100 or more.
✔ Stay Ahead of HMRC: Get peace of mind knowing your return is done.
✔ Enjoy Christmas Stress-Free: Tick this off your list before the festive season takes over.

How We Can Help:

We make self-assessment simple! Whether it’s your first time or you’re juggling complex finances, we’ll handle the process from start to finish. But don’t wait—our slots are filling up fast, and we can only guarantee support if you enquire soon.

🎅 Give Yourself the Gift of Time: Let us take care of your tax return while you focus on what matters most this season—family, friends, and festivities.

📩 Get in Touch Today! Start 2025 on the right foot.

28/11/2024

As the end of the year approaches, it’s crucial for employers and employees to understand the updated holiday carry-over rules that became effective from 1 January 2024?

27/11/2024

🎁 Staff Gifts Made Simple: Keep It Festive, Keep It Under £50!

Christmas is just around the corner, and it’s the perfect time to show your appreciation for your hardworking team. But did you know there are rules around staff gifts?

Here’s what you need to know:

✅ Stay Under £50:
To qualify as a tax-free “trivial benefit,” gifts must cost £50 or less per employee (including VAT and delivery). Go over this amount, and it could be classed as a taxable perk by HMRC.

✅ Non-Cash Gifts Only:
Cash or cash-equivalent gifts (like vouchers that can be exchanged for cash) won’t qualify as trivial benefits, so think outside the envelope!

✅ No Work-Related Strings Attached:
The gift can’t be part of their contractual benefits or tied to job performance—this is about spreading festive cheer!

🎄 Gift Ideas to Inspire You:
✔ Hampers filled with seasonal treats.
✔ Personalised mugs, notebooks, or desk accessories.
✔ Gift cards for popular stores or experiences (non-cash equivalent).
✔ Festive wine, chocolates, or local goodies.

Showing your team they’re valued doesn’t have to break the bank—or the rules. Keep it simple, thoughtful, and within the guidelines for a stress-free, tax-friendly holiday season.

🎅 Need help staying compliant? We’re here to support your business every step of the way!

26/11/2024

⚡️Simplify Your Payroll: Let Us Handle It from Just £25 Per Run

😴 Tired of juggling payroll every week or month? We’ve got you covered. For as little as £25 per run, you can outsource your payroll to us and focus on growing your business instead.

Here’s what we do for you:
✅ Accurate Payroll Processing – Weekly, fortnightly, 4-weekly, or monthly—whatever your schedule, we ensure your employees are paid correctly and on time.
✅ Compliance Guaranteed – We handle PAYE, National Insurance, pensions, and HMRC submissions so you stay 100% compliant.
✅ Stress-Free Administration – Say goodbye to the paperwork and calculations. We manage everything so you don’t have to.

Why Outsource Your Payroll?
Managing payroll is time-consuming and error-prone. One mistake can lead to unhappy employees or even penalties from HMRC. For just £25 per run, you’ll have peace of mind knowing that experts are taking care of it all.

Ready to make the switch?
Whether you’re paying staff weekly, monthly, or anything in between, we’re here to help.

📞 Contact us today to get started and free yourself from payroll headaches

25/11/2024

Are You Meeting Your Pension Obligations as a UK Employer?

As a UK employer, you’re legally required to provide a workplace pension scheme for your eligible staff. Failing to meet these obligations isn’t just a regulatory risk—it could also damage your reputation as a responsible employer.

Here’s what you need to know:

1. Auto-Enrolment:
All eligible employees aged 22 to State Pension age and earning over £10,000 per year must be automatically enrolled in your workplace pension scheme.

2. Minimum Contributions:
You, as the employer, must contribute at least 3% of qualifying earnings, while employees contribute 5%, making a total of 8%.

3. Record-Keeping and Communication:
You must keep accurate records of pension contributions and communicate all relevant information to your employees, such as their rights and the details of the scheme.

4. Re-Enrolment:
Every three years, you’re required to re-enroll eligible staff who have opted out of the pension scheme and notify them of this process.

Why This Matters:
Failing to comply can result in penalties from The Pensions Regulator—ranging from fines to legal action. More importantly, offering a pension scheme demonstrates your commitment to employee well-being, which can boost retention and morale.

Next Steps:
✔ Check your current pension arrangements.
✔ Ensure contributions meet legal minimums.
✔ Seek expert advice if you’re unsure about compliance

As part of our payroll service we also manage the employer pensions requirements. Drop us a message if you want to arrange a consultation.

Address

Belasis
Billingham

Telephone

+443337723084

Website

http://worksmarti.co.uk/

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