Accurate payroll is essential for both staff and HMRC. With evolving rules around RTI, student loans, statutory pay and auto enrolment pensions, outsourcing payroll can save time and reduce risk.
What this service includes
- Weekly or monthly payroll processing for directors and employees
- RTI submissions to HMRC each pay period
- Calculation of PAYE, National Insurance, statutory sick and maternity pay
- Management of starters, leavers and tax code changes
- Setup and ongoing administration of workplace pension schemes and auto enrolment duties
- Preparation of year end reports and P60s
How this helps in practice
- A small practice with both part time and full time staff pays employees correctly and on time while staying fully compliant with RTI.
- A retailer with high staff turnover outsources payroll processing and avoids the cost and complexity of in house systems.
- A growing company introduces a pension scheme and meets all auto enrolment obligations without overburdening internal staff.