Payroll Service

Payroll Service

Accurate and timely tax filing

Compliance ensured

Pension contributions and auto-enrollment

 

When growing your business, bringing on employees can be a big step. There is a lot to consider, and we are here to make Payroll easy.

Our Process

Profit & Loss Statement

Shows a company’s revenues and expenses over a financial period

Balance Sheet

Summarises a company’s assets and liabilities at a point in time.

Notes about the accounts

Comments on your accounts to ensure a fair presentation of financial results.

A director’s report

Required for larger companies, a report documenting the financial state of the company.
Payroll, simply, is the process of paying your employees. Whether your payroll is weekly, or monthly, you need to ensure your employees are paid the correct amount, and accurate deductions are made for taxes and pension. Along with correct deduction and payment you have obligation to report to HMRC. Real Time Information, or RTI, was introduced in April 2013, and specifies that employers must submit pay information each time they pay their employees. We will prepare and complete filing of all your payroll information. We will calculate net pay, as well as relevant deductions such as pension contributions, PAYE and National Insurance, and student loan deductions.
Pension auto-enrolment
It is a legal requirement for all businesses in the UK to provide a workplace pension scheme whereby the employer, employee, and government contribute to the employee’s pension pot. There are many pension providers, we will manage the set-up process so that pension payments are automatic every payroll.