Regular Payroll Processing Services
Our payroll specialists can process your weekly or monthly payroll in the quickest possible time and in most possible, accurate way. By outsourcing payroll services you will be able to minimize potential entry errors caused by internal staff, be upto date with the latest Inland Revenue issued legislations, have HMRC compliant payroll software that meets government requirements and save substantial cost.
We deploy highly technical import, export macros, templates as well as special tools to process client payroll data. The process is mainly automated meaning less human intervention and error free result. The process is done top to bottom, starting from creating paytypes to printing period end reports. We will give you all the required reports for you to submit net pays to your employee and PAYE and NICs to Inland Revenue bank accounts.
The services covered under payroll processing description:
Setting Up Paytypes
Setting Up Cost Centres
Setting Up Departmental Codes
Setting Up Employee Analysis Codes
Setting Up Employees In Payroll and P46
P6/P9(T) Notification Updates
Net To Gross Conversions
Holiday Payment Calculation
Statutory Sick, Maternity And Paternity Payments
Processing Weekly/Fortnightly/Monthly Payroll
P11 Summaries
PAYE, NIC, Net Pay Summaries
Other Statutory Pay Summaries
Reinstating Employees
Printing P45
Carrying Out Period End Procedures
Nominal Ledger Updates
P43 And Various Other Forms
Backups
Other Payroll Related Tasks
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Year End Payroll Compliance Services
Every year employers required to submit statutory payroll reports to HMRC. These are mandatory requirements set by the legislations. We can submit the statutory reports on your behalf to give you piece of mind and hassle free submission.
Year End Payroll Reconciliations
Printing Statutory Reports
Issuing P35
Printing P60s
Completing All Required Procedures
Closing Year End Payroll
Data Submission To HMRC
Updating NIC And PAYE Bands
Updating Payroll Tax Codes, Week And Month One Flags
Other Year End Procedures
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Payroll Additional Payroll Compliance Services
If the company is providing any sort of benefit for company employees, the employer as well as the employees will be liable to pay additional National Insurance and Income Tax. Examples of benefit in kind includes, but not limited to, providing company credit card, private medical insurance, provision of accommodation, paying for private car insurance, payment for private or business travel expenses and many more. In simple terms whenever the employees claim business or private expenses from the company, these need to be notified to Inland Revenue. To simplify P11D submission procedure, we recommend applying for HMRC dispensation.
Advice and Working Out Benefit In Kind Liability
Preparing Benefit In Kind P9Ds Forms
Preparing Benefit In Kind P11Ds Forms
Preparing Employer And Employee NIC, PAYE Liabilities
Other Compliance Letters and Procedures