According to government figures around one third of the country's 1.2 million businesses are doing the payroll by hand. This is very time consuming and expensive and it is easy to make a mistake.
It can be costly, when the Revenue picks up mistakes. There is no doubt that operating a payroll is getting more complicated with employers having to account for ever changing tax credits such as student loans, maternity/paternity pay and stakeholder pension payments.
Our service takes away the hassle, all you need to do is tell us what the pay is at the end of the month and we do the rest.
We set up a payroll for you registering you with the tax office and setting up your company and staff on our computer system.
We will prepare computerised monthly payslips,
Calculate and advise what to pay to your employees
Calculate and advise how much to pay to the Inland Revenue.
Arrange for settlement of the PAYE by sending your cheque to the tax office.
Complete P60's for your employees and P14's for the Inland Revenue and DSS at the year-end.
Complete the summary P35 and reconcile what you have paid during the year and advise you of any balancing payment.
Prepare the forms P11D and calculate any National Insurance due.
