When you are going to withhold payroll taxes

When you are going to withhold payroll taxes you are governed by a number of administrative obligations. You must make arrangements for the following:

• You register as an employer.
• You establish the identity of your employee.
• You ensure that you obtain the data required for the payroll taxes.
• You maintain payroll records.
• You calculate the payroll taxes.
• You file payroll tax returns and you pay the payroll taxes.

The following issues may also be of importance to you when withholding payroll taxes:

• wage expense allowance
• pension schemes
• private use of company car
• Expat Scheme (30% facility)
• exemption from filing an income tax return for your employees