Candid

Accountants

FAQs | Terms and Conditions

Pay As You Earn

Our accounting services includes handling  bookkeeping and payroll and your taxes.

PAYE stands for pay as you earn, this system is used to extract National Insurance contributions and tax from your wage as you earn it. It is done so that individuals won’t have a huge tax bill to pay at the end of the financial year.

Wages includes sick pay, maternity or paternity pay and adoption pay. You pay tax over the whole year, each time you are paid, rather than paying tax in one lump sum. Your employer is responsible for sending the tax on to HM Revenue and Customs (HMRC).


Each pay day you will get a pay slip setting out your pay, tax and national insurance contributions and any other deductions from your pay. If you get a pension, you may not get a payslip for every payment.

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Consulting

The provision to businesses of objective advice and assistance relating to the strategy, structure, management and operations of an organisation in pursuit of its long-term purposes and objectives. Such assistance may include the identification of options with recommendations; the provision of additional resources; and/or the implementation of solutions.

Candid Accountants consulting is the practice of helping organizations to improve their performance, operating primarily through the analysis of existing organizational problems and the development of plans for improvement. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants' specialized expertise.

As a result of their exposure to, and relationships with numerous organizations, consulting firms are typically aware of industry "best practices." However, the specific nature of situations under consideration may limit the ability to transfer such practices from one organization to another.

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