Accountancy Practices Can Offer Additional Services To Clients

Katie Linstead17 Sep, 2022Finance

More and more small businesses today are choosing to outsource some of their functions to specialists, so they have more time to devote to important things such as growing their businesses. Chief among these is payroll because it has become much more complicated over the last ten years. This is because HMRC introduced RTI ? Real Time Information ? to the PAYE system in 2013, meaning that tax deductions and returns must be submitted every time an employee is paid instead of just at the year-end.