top of page



Payroll, payment services

Salary payment and payroll accounting services

The UK adopts a global tax system, which means that as long as you are a tax resident, your personal income needs to be taxed no matter which country it comes from. In addition, there are many tax items in the UK, and each tax residentIf between April 6 and April 5 of the following year:1)self-employed earning more than £1,000; or 2) a partner in a business partnership; or 3) Earnings of £100,000 or more as an employee, must declare all income after each tax year to calculate income tax, as well as capital gain tax (Capital Gain tax) and other miscellaneous items that are not in the Hong Kong tax system, for those who are not familiar with British taxation, or those who have just immigrated to the UK For humans, filing tax returns is a tedious and exhausting task. Depending on the situation, the tax returns to be filled are different. Therefore, it is an appropriate way to hire a licensed accountant to fill out tax returns and submit tax refund applications for you.


Setting up a payroll process in the UK

When the customer contacts us, we will carefully understand the customer's business status and salary payment requirements. If the customer has not registered a company in the UK, we will first handle the registration process for the customer to obtain the employer's PAYE login information.

Afterwards, we will recommend and arrange payroll software suitable for your business and payroll needs, so as to manage employee wage records, deductions and other information, to ensure that wage calculation, distribution and all records are correct, and will be processed during payroll Submit reports to HMRC and pay taxes on the day, and pay employees by check or bank transfer.

Withholding wages to pay taxes for employees Pay As You Earn,PAYE

Every employer in the UK has to calculate the tax he should pay for his employees, and then deduct the tax amount from his salary before paying the salary, and then pay it directly to the HMRC of the British Revenue and Customs. Before the day (online payment must be made before the 22nd day), the tax deducted from the salary will be paid to HMRC. In addition, you also need to provide a P60 form for each employee's salary every year, and submit a report to HMRC. Since the UK uses a real-time system (Real Time Information, RTI) to report all salary data to HMRC, employers must notify HMRC of any changes in employees or salary changes. We can handle all payroll-related issues and produce the required reports for you to ensure that the procedures and information are in compliance with UK regulations.


UK payroll/pay slips

In the UK, the items of employee payroll are not too complicated (the complexity lies in the calculation behind it), and a typical payroll will list the employee's gross salary (Gross Pay), net salary after deducting taxes and other contributions (Net Pay), variable deduction (Variable Deductions), such as income tax (Income tax) and National Insurance (NI), fixed deduction (Fixed Deductions), such as regular payment of union fees , Bonuses (Incentives), that is, overtime pay, tips, commissions, etc. In addition, there must be information on the tax code, the employee's National Insurance number (NI number), annual or hourly salary, allowances, etc.

  • How does WONG&YIP Accountants handle tax issues for customers?
    Our professional accountant team is composed of licensed accountants in Hong Kong and the United Kingdom, and serves individuals, companies, and real estate investment in three categories. ‧Personal aspects: We can provide clients with professional assessment and analysis, answer tax-related questions, and handle tax declaration procedures for clients to ensure that all procedures are compliant. ‧Company aspects: We can help customers establish companies from scratch in the UK, handle daily bookkeeping and accounting work, set up payroll systems, contract company accounting services, prepare financial statements, and handle UK and EU value-added tax, etc. ‧Real estate investment: We can handle stamp duty assessment and tax refund for customers, and tax issues for overseas owners.
  • How much is the fee of WONG&YIP Acountants?
    Since the tax issues or handling methods faced by different people are very different, our service charges will be flexible, depending on the needs and circumstances of customers, and we will give customers fair and reasonable quotations.
  • What documents do I need to prepare?
    Since everyone's tax problems are different and the required information is also different, we recommend that customers contact us with WhatsApp first and explain your situation initially. We will discuss the relevant inquiries with customers and then prepare relevant documents for us to improve services. quality and efficiency.
  • How do accountants protect clients' privacy and confidential information?
    All of our accountants are licensed professional accountants. In all cases, the principle of confidentiality will be observed. Unless legal or professional obligations require disclosure, all information will be kept confidential. We will require customers to sign a confidentiality agreement, encrypt the data provided by customers, keep customer information in a safe place, and protect network security through firewalls and anti-virus software. Management customers no longer need to use the data.
  • What are the benefits of finding a professional accountant to handle taxation?
    Our accounting and taxation services can help clients manage their personal or corporate tax situations more efficiently, and at the same time provide clients with professional tax advice, such as providing advice on reducing tax expenses and improving their personal or corporate financial status.
  • What is the use of outsourcing company accounting services? What are the benefits?
    For start-ups, due to limited resources, most of the accounting work will be undertaken by the founders alone. By outsourcing the accounting work to our company, the boss can focus more on business development, and at the same time avoid being unfamiliar with accounting operations or tax systems. resulting in losses. In the UK, the cost of hiring a professional accountant is high. By outsourcing the accounting work to a professional accountant, you can enjoy professional accounting services at a lower price and avoid the problem of hiring the wrong person. Therefore, outsourcing accounting services is often used in many cases. It's all safe practice.
bottom of page