What does managed payroll service include?

You will have a professional, dedicated Payroll Manager who is familiar with your company and your account.

As part of a Fully Managed Payroll service we will undertake the following processes for you-

  • Requirements capture – Each of our clients are unique. We work with you to define your requirements and understand what your business needs from a payroll service.
  • Data – We take receipt of data from you by email or phone regarding hours worked, bonuses and other details which affect wage calculation.
  • Calculations – We perform all calculations necessary to produce a payslip including: tax and National Insurance, PAYE, pensions, SMP, OMP, SAP, SSP, SPP and OSP. The calculations are validated and audited.
  • Payslips – We produce a security sealed payslip for each employee these are also available via email on a secure portal.
  • Payments – We can arrange BACS payments of wages and pensions direct into employee bank accounts.
  • Additional documents – We produce necessary documents for individual personnel and HMRC as required including P45’s, P46’s, P35’s, P11’s, P11d’s, P14’s, and P60’s.
  • Reports – We provide regular reports (e.g. weekly, monthly) as required. We also provide bespoke accounting reports if these are needed. Instant reporting is also available.
  • End of Year – We calculate and compile all end of year figures and submit them to the HMRC on your behalf.

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