Hiring Your First Employee? Payroll Checklist for Small Businesses

Описание: Hiring your first employee is a huge milestone 🎉 but it also means setting up payroll for the very first time. Don’t worry, I’ve got you covered. In this video, I’ll walk you step by step through how to set up payroll in the UK so you can stay compliant, avoid HMRC fines, and keep your new hire happy.
I’m Lucy Johnson, an accountant with nearly a decade of experience, and I help small business owners simplify their finances with clear, practical advice.

Here’s what we’ll cover:
✅ How to register as an employer with HMRC
✅ Payroll software vs. accountants (what’s best for you)
✅ Right to work checks and employment contracts
✅ Tax codes, PAYE, and deductions explained
✅ Auto-enrolment pensions (what you must do by law)
✅ How to stay compliant and avoid HMRC penalties

✨ Follow this payroll guide and you’ll be confident paying your first employee the right way ... stress-free and compliant.

⏱️TIMESTAMPS
00:00 Intro
00:38 Register as an Employer with HMRC
01:15 Set Up a Payroll System (software or accountant)
02:49 Check Right to Work Documents
03:27 Provide a Written Statement of Employment
04:18 Get Their Tax Code Right (P45 or Starter Checklist)
06:19 Set Up Auto-Enrolment for Pensions
08:32 Calculate PAYE Taxes & Deductions
10:06 Keep Good Payroll Records
11:29 Pay Your Employee On Time
13:41 Stay on Top of Payroll Compliance


RESOURCES & LINKS:

👉 Book a call with us: https://calendly.com/simplex-accounti...

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📖 Related reads:
Best Small Business Payroll Software for an Easy Payday: https://simplex-accounting.co.uk/best...
Payroll Checklist for Hiring Your First Employee: https://simplex-accounting.co.uk/payr...
Payroll and Pensions – Benefits for Limited Companies: https://simplex-accounting.co.uk/payr...

📂 Free downloads to help your business:
Tax Tables: https://19532438.hs-sites.com/simplex...
Vat Registration Guide: https://19532438.hs-sites.com/simplex...
VAT Cheat Sheet:https://19532438.hs-sites.com/simplex...
Mileage Log: https://19532438.hs-sites.com/simplex...
Financial Habit Checklist: https://19532438.hs-sites.com/simplex...
Invoicing Guide: https://19532438.hs-sites.com/simplex...

🔗 Affiliate Links (Some of the apps mentioned in this video)
Support the channel by checking out these links. If you sign up through them, I may earn a commission at no extra cost to you.
Iwoca Pay – Offer instalments to your customers: iwoca.co.uk/iwocapay-sellers/?referral_code=simplex-accounting-limited
GoCardless – Collect recurring payments easily: https://manage.gocardless.com/refer/g...
SimPRO – Job management & invoicing software (contact us to set up via our partner dashboard)
Stripe – Global payment processing (email us at [email protected] request referral link)

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Or check out our website: https://simplex-accounting.co.uk/

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⚠️ Disclaimer
Please note that I am not a financial advisor. The content in this video is for informational purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any business or financial decisions.

The information provided in this video is accurate as of the date of filming.

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