Payroll 2018-11-15T12:35:32+00:00

How to run your payroll

Payroll has become a very complex area of running a business and it is fraught with the hazards of inaccurate pay for employees. This has a domino effect as it is emotive for staff and untimely errors can result in fines and penalties from HMRC under the relatively recent introduction of Real Time Information (RTI) provision.

Payroll

Our Payroll Team leave you with peace of mind offering an abundance of knowledge and expertise but tailored to meet your needs.

  • Monthly summaries
  • Leavers and starters
  • Real Time Information (RTI) submissions
  • Forms P11D and P9D regarding benefits and expenses
  • Departmental reports
  • Automated payment to your employees
  • Forms P60 at the end of the fiscal year
  • PAYE health checks
  • Analysis of staff costs
  • Tax efficient remuneration strategies
  • Termination payments
  • Inducement payments
  • Benefits planning
  • Company car strategies
  • Disaster recovery planning and implementation
  • Auto-enrolment

Auto enrolment

Providing pensions for employees has recently changed and has become a required using a more structured approach which is being controlled by the Government through the Pension Regulator. Each and every employer in the UK will be required to ensure their staff save for retirement.

All employers are obliged to consider if they are required to set up a pension scheme and to check if they need to auto-enrol eligible employees by a specific date “staging” – these dates are “staged” and you will be notified by the Pensions Regulator when your “staging” must be completed.

These new regulations are onerous and may prove costly for small owner-managed businesses and many of you may receive conflicting advice about your own responsibilities. We can work with you to minimise the headaches and to provide peace of mind from fines. It is not sufficient for you as an employer to be running a normal pension scheme; for the first time, employers are having to automatically enrol eligible employees into a compliant Workplace Pension Scheme, pay contributions and collect employee contributions. This may sound easy enough but when you have several factors to consider for eligibility; are required to communicate with employees and maintain an audit trail and repeat the process when there are any changes to staff and every 3 years; the effect of this new legislation will prove time consuming and costly for employers.

We can take on responsibility for ensuring you meet your obligations but it is crucial that you start planning for these changes sooner rather than later.

Why we are different

What makes us stand out is the personal service we offer. We work with you to understand you as an individual.

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01522 546606