Payroll and Workplace Pension
Running your own payroll can be time consuming and complicated, particularly with the ever increasing complexity of taxation and employment legislation. There is an increasing burden on business to comply with these issues and non-compliance can lead to substantial penalties.
We can prepare payrolls for businesses with 2 to 200 staff.
Our service is comprehensive and confidential and includes:
- computer generated payslips
- administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
- completion of statutory forms (including year end returns)
- summaries and analysis of staff costs
- administration of incentive schemes, bonuses and ex-gratia termination payments.
- we are a Bacs Approved Bureau which allows us to submit payroll transactions through the BACS service.
Even if you only have a few employees, you will make savings by engaging us to administer your payroll.
Workplace Pension (WPP)
Commonly referred to as ‘Auto-enrolment’ and mandatory for all employers from 2018. This is a major change to how Pensions will be funded in future and will be costly to businesses as the employer will be a major contributor and will shoulder the costs and administrative burden of running the scheme. Full details of how this affects your business can be found here.
We can help you with all aspects of your WPP needs.