Payroll without the stress...
Why outsource your payroll?
- Save time and money
- Ensure compliance
- Avoid any software issues
- Minimise the risk of error
Payroll Management - Options for small businesses regarding payroll
- You can do it yourself; although, you will have to buy the software and keep it up to date. Furthermore, it can be tidious and you also run the risk of error
- Your accountant does it; however, they usually charge by the hour and the cost of their service can be hidden away in an ‘all-inclusive’ package
- You can get a Payroll Agent, such as Purple Thistle Accounting, to do the process for you. We are committed to proving a smooth and seamless transition as you outsource your payroll.
Note – if you are not registered with HMRC for PAYE & NI, with your permission we will register you free of charge. We will ask you to sign a FBI-2 form, which allows us to receive Tax Code changes & other HMRC notices. This also enables us to file your year-end declaration online.
What is included?
- Setting up of the Payroll Service to include payment & deduction requirements
- Registering you with HMRC, free of charge, if needed
- Payroll runs to suit your requirements e.g. Monthly, Weekly, Four weekly etc
- Giving you advice on monthly or quarterly payments to HMRC
- Summary of Tax and NIC payable at the end of every month or quarter
- Producing electronic or physical payslips
- All ‘P’ Forms, Statutory sick pay, Statutory maternity/paternity pay, WF tax credits, minimum wage, Student Loans, pensions, court orders
- We will complete your RTI submission and ensure compliance
- We will file your year-end return online & supply P60s
- Preparation and Submission of the Coronavirus Job Retention Scheme Claims (Furlough Claims)
All we ask of you...
- Provide us with all employee details & any changes in a timely manor
- Starters & Leavers details
- Notify us if an employee works less or more hours than usual
- Notify us if an employees rate of pay changes
Get in touch to see how we can help you and your Business...