Pay as You Earn (PAYE) is the standard way for employees to get paid in the UK. If you have had a job with a regular salary then you will have been paid through PAYE.
Everyone who is paid through PAYE gets a tax free allowance. This is currently £10, 600 per year making PAYE one of the most tax efficient ways to take money out of your business. Paying yourself through PAYE also means your National Insurance payments will be kept up to date.
PAYE Registration has to be done through the online government gateway. If you don’t already have a gateway account for your business you have to apply online. You will then be sent an activation code which takes around 7 days to arrive (longer if you live abroad). Once you have this you can then register for PAYE and your employers reference number will be sent out in the post. In total this process takes around 21 days. We can normally get you registered for PAYE in between 10 and 14 days.
As well as being quicker our PAYE registration service also includes running your 1st payroll for you.