How are salary payments processed?

All directors and employees being paid from your company will be asked to complete a Starter Checklist even if they have a P45 to hand. This will be emailed to you by the Payroll Department.

You decide each month how much you wish to pay, or how much you are obliged to pay under IR35.

You advise us of your salary instructions by emailing a payroll template to payroll@competex.co.uk. We will process your payroll within 3 working days of receiving your instruction. Your payslips, reports and details of amounts owed to HMRC will be available on your own password-protected portal.  An email will be sent to you after we have processed your payroll for the first time inviting you to access the portal.

Payroll Template

The payroll template should be completed each time a salary is required, and this acts as your instruction to us, dictating who should be paid and how your salary funds should be split or calculated.  The payroll template should then be emailed to payroll@competex.co.uk.  If you wish us to pay a regular salary to any person on your company payroll, then you can send one initial instruction with full details. This instruction will then stay in place until further notice from you.

Additional employees

Our fees include payroll for yourself & one employee.  We will make an additional charge if you wish further employees to be included on your payroll.

There is also an additional charge if there is more than one fee-earning director or employee.

Any change to the payroll must be notified to Competex as soon as possible.