# PayFit
> “Payfit is a payroll software for companies with up to 500 employees. Automate your payroll while eliminating spreadsheets and errors.”

- Canonical entity: https://readyscan.ai/entities/payfit-q55835167
- Website listed in the source snapshot: https://payfit.com/
- Category: [Software](https://readyscan.ai/directory/software)
- Machine record: https://readyscan.ai/discovery/entities/payfit-q55835167.json
- Material fingerprint: fnv1a64:48e73fcfd0c17b06
- Entity revision: fnv1a64:b7aed37c3a32d28c
- Published: 2026-10-18
- Modified: 2026-10-18

## Products & services
### [Payfit](https://readyscan.ai/entities/payfit-q55835167#company-offering-content-native-digital-agencies-8e97151cac912ca5-offering-d30c8dbd75a204197577)
“HMRC-recognised, Payfit combines best-in-class payroll software with expert support. Automate your payroll & HR admin and save time.”
[Product website](https://payfit.com/)
Sources: https://payfit.com/

## Company details
- [Founded](https://readyscan.ai/entities/payfit-q55835167#company-fact-wikidata-p571-41e24765ccfa32a7): 2016 Sources: https://www.wikidata.org/wiki/Special:EntityData/Q55835167.json?revision=2542617370

## Historical figures
Newest available observations first. These figures describe their stated dates, not the company today.
- [Employees](https://readyscan.ai/entities/payfit-q55835167#company-fact-wikidata-p1128-4e61d0dcd38ea5ed): 700 employees (as of 2022) Sources: https://www.wikidata.org/wiki/Special:EntityData/Q55835167.json?revision=2542617370

## Questions & answers
### [01How much does Payfit cost?](https://readyscan.ai/entities/payfit-q55835167#company-answer-content-native-digital-agencies-8e97151cac912ca5-a-4d1a95be2eb23d25e4d1)
“The cost depends on your business size and the level of support you need. Our plans scale with your team, from self-managed payroll to a fully dedicated expert team handling your pay runs.”
Sources: https://payfit.com/

### [02Are there any additional fees?](https://readyscan.ai/entities/payfit-q55835167#company-answer-content-native-digital-agencies-8e97151cac912ca5-a-b436ed6f5f257363b31a)
“No. Payfit runs on a straightforward monthly subscription: you pay per employee, with no hidden charges on top.”
Sources: https://payfit.com/

### [03Does Payfit cover all industries?](https://readyscan.ai/entities/payfit-q55835167#company-answer-content-native-digital-agencies-8e97151cac912ca5-a-42263eafb1efdc79e1ef)
“Whatever your sector, from insurance and tech to professional services, our experts and Payfit AI adapt to your specific pay rules and requirements. We manage the calculations and compliance, you keep full visibility.”
Sources: https://payfit.com/

### [04Will I have dedicated support for my business?](https://readyscan.ai/entities/payfit-q55835167#company-answer-content-native-digital-agencies-8e97151cac912ca5-a-f39cc8da052fc28cb6d3)
“Yes. Our payroll experts handle the technical side: HMRC compliance, your specific pay rules, and payment after leaving for departing employees. They know your account and offer personalised solutions. Ahead of each payroll run, Payfit AI proactively detects anomalies and handles what it can, so you can focus on your business.”
Sources: https://payfit.com/

### [01How much tax should I pay on a company car in 2026/27?](https://readyscan.ai/entities/payfit-q55835167#company-answer-content-native-digital-agencies-8e97151cac912ca5-a-2629248f31225b183760)
“The amount depends on the P11D value, the BiK percentage determined by CO₂ emissions and WLTP-based electric-range bands (for hybrids), and whether you pay at 20% or 40% income tax rate.”
Sources: https://payfit.com/blog/company-car-tax/

### [02Are electric company cars tax-free in the UK?](https://readyscan.ai/entities/payfit-q55835167#company-answer-content-native-digital-agencies-8e97151cac912ca5-a-220bfe43952ea8e80667)
“No. Fully electric company cars are not tax-free; they are charged at 4% BiK in 2026/27 (rising by 1 percentage point per year), so employees still pay tax through PAYE, but usually less than for petrol or diesel vehicles.”
Sources: https://payfit.com/blog/company-car-tax/

### [03How does a company car affect your tax code?](https://readyscan.ai/entities/payfit-q55835167#company-answer-content-native-digital-agencies-8e97151cac912ca5-a-83b2d185a6f656bd618d)
“When HMRC receives a P46(Car), it calculates the BiK and issues a revised PAYE tax code that reduces the employee’s tax-free personal allowance; this increases the PAYE collected each month, with no separate company car line on the payslip.”
Sources: https://payfit.com/blog/company-car-tax/

### [04Do you pay company car tax on a hybrid car?](https://readyscan.ai/entities/payfit-q55835167#company-answer-content-native-digital-agencies-8e97151cac912ca5-a-2dd31782389455723934)
“Yes. Both plug-in and non-plug-in hybrid cars trigger company car tax, with the BiK percentage set by WLTP CO₂ and, for plug-ins, the WLTP electric-range band on the certificate of conformity.”
Sources: https://payfit.com/blog/company-car-tax/

## Company sources
- [PayFit website](https://payfit.com/) — payfit.com · [Related Ready Scan knowledge](https://readyscan.ai/sources/source-8e97151cac912ca5)
- [payfit.com/blog/company-car-tax/](https://payfit.com/blog/company-car-tax/) — payfit.com · [Related Ready Scan knowledge](https://readyscan.ai/sources/source-3102849a8d2d7c47)
- [wikidata.org/wiki/Special:EntityData/Q55835167.json](https://www.wikidata.org/wiki/Special:EntityData/Q55835167.json?revision=2542617370) — wikidata.org · [Related Ready Scan knowledge](https://readyscan.ai/sources/source-c47a1d85837a75b3)

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