Payroll services for your business
Gone are the days when Payroll reporting use to be on paper and annual basis. HMRC has moved on with latest IT trends and so are the PAYE filing requirements.
We can manage all payroll matters for you and your business. Our payroll service includes as follows
- Preparation of Monthly or Weekly payroll
- Submission of Monthly PAYE or Weekly returns to HMRC through RTI system using specialist Payroll software
- Payslip for you and your staff either weekly or monthly
- Help and guide you with HR matters
- Handle annual P60s
- Deal with holiday pay
- Process any benefit in kinds through payroll e.g company car etc
Do I need to buy Payroll software?
You don't have to, we have our own special software to manage payroll for our clients. We can manage up to 100 employees for a single employer and unlimited employers.
How would I get payslips?
Once we get payroll data from you, we will processes pay run and EMAIL you payslips for you and your staff so that you can double check before hand it to your staff.
How much are charges for Payroll?
We work on Fixed Fee basis, you don't need to pay extra for payroll services, it will all be built in the price agreed between us at accountancy contract stage.
Can you take over pay mid year from my previous accountant?
Yes we can, you don't need to worry about any thing, we will gather all required information from your previous accountant or if you are running payroll on HMRC's Free Payroll software, we can collect data from you to start payroll on our own software.
Person working for me is employee or subcontractor?
It is very important to get employment status correct for your HR otherwise heavy financial penalties can be imposed on non compliance businesses. We suggest run through this employment test calculator to start with.
Can I use my online book keeping in built payroll function?
Yes you can, we can still compile your accounts and tax returns and account for payroll data from your own software. Please note that you might have to pay extra to your online book keeping software for using payroll feature.
I have more questions what do i do?
Please contact us for free initial consulting.
We are confident that we can add value to your business too like we already did and will keep doing to many of our existing customers, see reviews about Faraday Keynes by our clients.