| PAYROLL
This can be a
time-consuming exercise each month taking you away from what you do best -
running your business.
Let us take
this administrative task off your hands.
SERVICES
PROVIDED From the information and documents you supply we can provide all
services in connection with running your company's payroll including-
Making
arrangements to allow for all deductions to be made from pay (including
income tax, National Insurance, pension contributions, repayments of
previous loans/advances from employer etc.). Preparation and provision
of payslips for staff. Calculating/providing details of company
payments required to H. M. Revenue & Customs and net pay figures for
staff. Provision of individual listings giving full breakdown of all
payments to employees and H. M. Revenue & Customs, giving details of each
individual's gross pay, tax, NI and the employer's NI due on each
salary. Advising, in advance, on the timing of payments to H. M. Revenus & Customs
each month to avoid late settlement interest charges, penalties
etc. At the end of each tax year we will deal with preparation of the
employer's annual summary Return forms P35, P60, P14 and all associated
paperwork by the statutory filing deadline If required, we will also
supply details of book keeping entries required and advice for your
company internal accounts department (or external accountants) to ensure
your records are kept up to date at all times.
Our experience shows
that every company will operate its systems differently. We will therefore
tailor a package to meet your company's specific needs and
requirements.
FEES AND
CHARGES Many payroll bureaux and other organisations will provide some of
these services (although not all of them). This can often be for an
initial "set up" fee at the outset, a fixed monthly charge (irrespective
of the size of the organisation) and then probably another fee again at
the end of each tax year for completion of the "end of year"
documents.
We feel that it is fairer for all concerned if an hourly
charging rate is applied for all work, irrespective of its nature. By this
means the charge will be directly related to the amount of work involved
and there will be no confusion over what is, and what is not, included in
a fixed fee. The hourly rate varies from time to time but it will be
discussed at the initial meeting with us. We will also be able to give you
an estimate of the likely costs involved before we undertake the payroll
work.
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