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NEST (formerly Personal Accounts)

From October 2012 it is planned that all eligible employees who do not have a good private pension will be automatically enrolled into either their employers’ existing pension scheme or a new savings vehicle called a National Employment Savings Trust (NEST).


This is still going ahead but changes are constantly being made. The latest information states that all companies that don’t have every employee in a company pension scheme will have to create a new scheme. All employees not already in a scheme will have to be entered onto the scheme and once the first deduction has been made they can then choose to opt out. They will then automatically be added the following year and the same process (opt out) will have to take place again.


Payroll Genies are hoping to visit with clients who would like 1-2-1 NEST advice for their employees in 2012, so schemes are up and running in time for commencement dates. Please contact Karen if you would like to arrange this.


NEW SERVICES FROM PAYROLL GENIES

Last but not least: Payroll Genies is now offering a full Book-Keeping service which can include anything from creating your company invoices, ready for you to send to your clients, to getting your accounts in order to submit to your accountant at the financial year end. We can also do your Self Assessments and VAT returns online.


We are very pleased to announce that Debbie Gardener will be commencing employment with us in October. She is an accountant with several years experience who will be handling the implementation and running of the new service. Karen Wheeler will still be your main point of contact for new work and queries.


Financial Images

Our Services

  •  Reliable accurate service
  •  Free set up of Payrolls  includes mid year set ups
  •  Inland Revenue Registration
  •  Statutory Payments and  Deductions
  •  Processing starters and  leavers
  •  Input of both permanent and  temporary payroll changes
  •  Clear concise reports &  security sealed payslips
  •  Monthly returns
  •  Bacs payments
  •  Year end filed online
  •  External Agency information  completed
  •  Invoicing at point of payroll  run
karen@payrollgenies.co.uk Website © Payroll Genies, 2012