payroll services
We can provide a comprehensive service to include the following:
- Periodic payroll processing of your choice: Weekly / Monthly / Bi-Monthly / Other
- Fully computerised reports and payslips specific to your requirements
- Monthly or Quarterly P32 Inland Revenue Returns
- Year End P35 Inland Revenue Return
- Year End P60's/P14's
- On-line submission of all Inland Revenue required documents: P45/P46 etc
The legal obligations and responsibilities fall heavily on businesses who employ staff and with the increasing complexity and ever changing regulations regarding employment it can be difficult to ensure you are complying with and keeping abreast of all new developments. Payroll administration can be time consuming and complicated for many small businesses, below are some of the main responsibilities employers face.
Pay As You Earn (PAYE)
Introduced in 1944 it places an obligation on an employer to calculate and deduct the amount of income tax from their employee's pay at source, before the employee receives it.
National Insurance
Introduced in the late 1940s, the National Insurance Contribution (NIC) is payable by both the employer and the employee. Class 1 NIC is payable by both the employer and the employee on earnings, Class 1A and 1B may also be payable by the employer should they provide their employee with Benefits-in-Kind.
Statutory Sick Pay (SSP)
Statutory Maternity Pay (SMP)
Statutory Adoption Pay (SAP)
Statutory Paternity Pay (SPP)
These are just a few of the obligations not to mention; keeping up to date with the National Minimum Wage rates and Statutory Holiday entitlements, all these arrive with ample provision for penalties in the event that the employer should choose not to bother.
Our Payroll Service can give you the piece of mind that you are complying with all the necessary regulations and legal requirements.