We provide a full payroll service, from initial set-up to leaving, and all reporting in between. With payroll:MS, you have access to all this:
Your managed payroll service includes:
- Calculated wages, deductions and salary, and provide RTI reporting for all employees – including commissions and overtime
- Paying your employer tax and NI contributions direct to HMRC on your behalf
- Full compliance with the Data Protection Act, and complete confidentiality of all company records
- Preparing your payroll data to ensure it all processes ‘cleanly’ through the RTI system
- Processing payroll at all stages of employment, from initial recruitment to bonuses and leaving package
- Full month-to-month, year-to-year, and interim reporting as agreed in your contract
- Division of staff costs against separate cost centres
- Full and up-to-the-minute compliance with all changes to the law, whatever the future may bring
- Processing of all payroll deductions: tax, student loan repayments, NIC, salary sacrifice, including childcare vouchers
- Expenses processed and repaid
- Pay slips and P60s provided in your preferred format (paper/email/electronic)
- Year-end reporting, with close checks to ensure that all reporting to HMRC is clear and correct
- Secure transfer of wages into employees’ bank accounts through secure online payment facilities
- Full disaster planning facility, data restoration plans, and secure off-site information storage
And because our team is small, you will always be able to speak directly to someone you know – never to a call centre.
Cost of the service
Every situation and company is different, but the average company of ten employees could have full payroll services from £55 a month. Pricing varies according to the number of employees in your organisation, as well as how complex your payroll usually is.
Subscribing to a reputable, experienced payroll service is an investment in your company’s legal security – and one you are already making, if you are processing payroll within your firm. HMRC allows for stiff penalties if companies fail to comply with the new regulations, so it’s worth having a conversation with us – you may find that we can remove a great deal of time-consuming complexity from your staff, provide peace of mind, and reduce frustration and worry all round.
Call us on 01603 964760 for a no-obligation conversation about how we can help manage your payroll efficiently.