Payment Methods
Payroll Transfer & Set-up
Year End
Admin
Reporting
Confidentiality
Overseas
Looking for a comprehensive, reliable flexible payroll service, with a high level of security and confidentiality to provide total peace of mind?
At Payrolls Ltd we offer a unique payroll service to our customers. Whether your organization has 3 or 300 employees we can tailor the payroll to your needs. Outsourcing your payroll requirements can be extremely cost effective as it eliminates the need for skilled payroll operatives in-house and the associated training costs to ensure their knowledge remains up to date, and as we know in a field where legislation is constantly changing.
Our dedicated team has a wealth of experience and can assist with any queries you may have.
Our services
Payment Methods - BACS System
As a BACS bureau, we are able to assist you in arranging to utilise the BACS system for payment of salaries, although you may choose to pay employees by cheque or any other method.
Payroll Transfer & Set-up
Payrolls may be transferred at any time during the tax year, set up charges apply only where the transfer is complicated and this would be discussed with you along with ascertaining requirements and fully explaining our service.
Year End
In addition to routine payroll preparation, we are able to administer income tax and national insurance payments to HM Revenue & Customs and deal with statutory year end procedures including P14, P35 & P60’s.
Admin - PAYE, National Insurance, Statutory Sick Pay, Maternity Pay
We can do all the admin and ensure payment of overtime, shift pay, holiday pay, SSP, SMP, SPP and SAP, giving you time to do more.
Reporting
A full set of reports are produced at the end of each pay period, whether weekly, fortnightly, 4 weekly, monthly or even quarterly. Should you require reports in addition to those produced as standard, we would be pleased to discuss your needs.
Confidentiality
The major benefit of a payroll service is the external method of preparation and relevant legislative matters. By outsourcing payroll it will be a reduced risk of exposing confidential payroll information to unauthorized personnel.
Overseas
We cover all aspects of staff coming to the UK and going overseas, including tax residence and domicile, looking in depth at the forms that have to be completed and HMRC guidance; which has been updated recently for modified PAYE schemes and tax equalization arrangements.
Let us manage all your payroll affairs, leaving you more time to run your business.