Running a Business – Paying Employees
Running your own business or starting a limited company you will need to carry out a PAYE registration to setup a PAYE scheme and be able to pay your staff while making the appropriate NI and tax deductions/contributions.
Even if you don't intend to employ other to help run your business, a director of a limited company is deemed to be an employee of that company and PAYE will need to be set up to allow payment of appropriate wages.
Managing and running an appropriate payroll system can be a bit of a headache as the business expands and employs more people. Which is why many small businesses choose to outsource their payroll in an effort to save time and money.
You too could put your time to better use by choosing to use our low-cost payroll service.
Managed Payroll Benefits:
Using our managed payroll service allows you to:
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Save money with reduced payroll costs – no expensive accountancy fees!
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Save time to spend on the more important elements of your business
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Ensure compliance with HMRC rules and regulations
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Professional support and guidance
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Ensure employees are paid accurately and on time
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Leave the hassles of payroll up to our trusted team
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Be flexible – employing new staff? They can easily be added to our payroll bureau
Managed Payroll Services – The Options
There are essentially 3 options to running an employee payroll system:
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Pay an accountant (as much as £75.00+ per hour) to run a payroll service for you;
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Buy payroll software, update it each year and run you the payroll calculations yourself;
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Use our Payroll Bureau where we will provide a fully managed payroll service and do everything for you from just £1.89 per employee per month*!
Squashing The Cost of Payroll
Our payroll bureau service includes:
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Updating employee details
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Inputting variable payments and adjustments
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HMRC compliant payslips
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Payment to HMRC report telling you how much to pay to HMRC and when to pay
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P45 processing if an employee leaves your employment
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