The payroll and pensions functions are a required element for a business employing staff. HMRC amended the filing process called Real Time Information (RTI) and under this regime employers and pension providers must submit their information before or on the date each payment is made.
The business/individual must keep abreast of the filing and this can become a laborious task for a trading business. We will take on the task of computing and submitting payroll and pensions.
Our payroll service includes
- Customised payslips
- Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
- Completion of statutory forms, including year-end returns, to issue to your employees and submit to HM Revenue and Customs
- Calculation and completion of CIS deductions
- Summaries and analyses of staff costs
- Administration of incentive schemes, bonuses, and ex-gratia and termination payments