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:
&bull Setting Up Paytypes
&bull Setting Up Cost Centres
&bull Setting Up Departmental Codes
&bull Setting Up Employee Analysis Codes
&bull Setting Up Employees In Payroll and P46
&bull P6/P9(T) Notification Updates
&bull Net To Gross Conversions
&bull Holiday Payment Calculation
&bull Statutory Sick, Maternity And Paternity Payments
&bull Processing Weekly/Fortnightly/Monthly Payroll
&bull P11 Summaries
&bull PAYE, NIC, Net Pay Summaries
&bull Other Statutory Pay Summaries
&bull Reinstating Employees
&bull Printing P45
&bull Carrying Out Period End Procedures
&bull Nominal Ledger Updates
&bull P43 And Various Other Forms
&bull Backups
&bull 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.
&bull Year End Payroll Reconciliations
&bull Printing Statutory Reports
&bull Issuing P35
&bull Printing P60s
&bull Completing All Required Procedures
&bull Closing Year End Payroll
&bull Data Submission To HMRC
&bull Updating NIC And PAYE Bands
&bull Updating Payroll Tax Codes, Week And Month One Flags
&bull 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.
&bull Advice and Working Out Benefit In Kind Liability
&bull Preparing Benefit In Kind P9Ds Forms
&bull Preparing Benefit In Kind P11Ds Forms
&bull Preparing Employer And Employee NIC, PAYE Liabilities
&bull Other Compliance Letters and Procedures