Sorry Ed I have to disagree.
"I'm not talking about an online payroll program, or anything that simple." Simple Ha Ha!!!!! Accredited means I have answered over 2,000 questions correctly to a 1pence resolution. Andrew Stirling 01250 874580 http://www.calcpay.co.uk HMRC Accredited UK payroll program Ed Leafe wrote: > On Dec 22, 2008, at 9:10 PM, Andrew Stirling wrote: > >> In the UK you have to keep 3 years of payroll records, that does not >> include the current year. >> For Accounts you have to keep 7 years records, again that does not >> include the current year. >> The Revenue may well be asked how your accounts produced that wage >> bill, >> in other other words you have to keep 8 years worth of payroll!!!! >> >> I think an online system will not be able to do this. >> If you shut your business you will have to keep your subscription >> going >> for 8 years after you finish!! >> >> When I think of the changes that have occurred over the past 5 years, >> let alone 8 years in the Payroll system then it is quite mind boggling >> to think that a current payroll can resolve all the adjustments. > > > I'm not talking about an online payroll program, or anything that > simple. I'm talking about companies such as Paychex or EDS or several > others that handle everything to do with payroll, including reporting > and archiving records. If you get audited, you are *much* better off > having a certified company like this, as they don't miss a trick. They > have people who do nothing except keep up with the tax laws, in order > to make sure that their clients are not exposed to any liability, > because it would cost the payroll company as much if not more. > > > -- Ed Leafe > > > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
