Running a payroll doesn’t have to be hard, but it does have to be right, and the implications of making a mistake can be costly.
There are many legal requirements to comply with and keeping up-to-date with legislation is vital.
The introduction of RTI (Real Time Information) submissions to HMRC and Auto Enrolment for pensions has had a massive impact on the payroll industry and the penalties for failure can be significant.
Payroll services include:
- Managing starters & leavers
- Calculating PAYE, NI & statutory payments
- Processing other payments & deductions
- RTI submissions
- Auto Enrolment reports
- Annual reports such as P60s
- Payroll journals