Payroll

Administering payroll has become increasingly burdensome for many businesses, taking more and more time and resources away from core business functions.

Real Time Information (“RTI”) is a new way of reporting payroll information and it requires that employers submit payroll information to HMRC in real time, every time a payment is made to an employee.  Failure to do so will result in late filing penalties.  Employers are also now required to automatically enrol employees into a workplace pension scheme, and this adds a further layer of complexity onto the payroll process. 

Fortunately payroll can easily be separated from your other accounting activities and outsourced to a specialist agency such as our team of payroll professionals.

We offer a completely confidential and cost-effective service that includes:

• Free initial set up
• Electronic or paper payslips for your employees
• Calculation of tax, student loan and national insurance payments due to HMRC
• Electronic submission of FPS and EPS returns to HMRC
• Statutory sick pay, maternity pay, paternity pay and shared parental leave calculations
• Holiday pay, notice pay and redundancy pay calculations
• Production of P60s and P45s
• Advice on taxable benefits and preparation of P11D returns, where required
• Assistance with pension schemes, including compliance with auto enrolment regulations

Require more information?

If you would like more information or would like to speak to us direct then call us on 0141 956 4454. Or if you would prefer, ask us a question online.