Do I need to pay employees using my company's business bank account?

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I own a convenience store in Dundee. I have three part-time employees that I have just hired. Tell me, do I need to pay these individuals using my business bank account, or can I do so in cash?

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You can pay your employees through your business bank account, or you can pay them in cash or by cheque., whichever suits you best.

Any funds used to pay your employees must be recorded in your company accounts and payroll records. You are also responsible for deducting Income Tax and National Insurance from their wages and paying this money, along with Employer’s National Insurance, to HMRC.

To find out more about what you need to do when you employ staff, please take a look at this guidance.

a year ago
 

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