When you run a business that has employees you also have to run your payroll, and the more employees you have the more complicated it can get. If you have a large business, then you can afford to employ someone to handle your payroll on a full-time basis. Indeed, some companies have a payroll department with several people working on payroll.
However, the vast majority of companies in the UK do not have sufficient employees to justify that, so they resort to appointing a member of staff to attend to payroll alongside their main job. This can mean that they need to train that staff member in how to carry out payroll duties and invest in software and systems to run the payroll in-house.
Of course, there is always a lurking fear that the employee taking care of the payroll may make mistakes. This, of itself, can result in fines for the company. Prompt payment of taxes are the responsibility of the employer, no matter who is doing the payroll. The problem is that you can have people on different rates of pay but doing the same job. You can have people earning the same but paying different tax rates because of personal circumstances. You can have people doing overtime, sales staff on commissions, and it all becomes very time-consuming and very easy to make errors.
We Take It Off Your Hands
This is why so many businesses today choose to use the UK payroll services that we provide at PayCheck. We can take the entire business of running your payroll off your hands and do it for you. We have been providing payroll services to UK businesses since 1994 and we have streamlined systems that will handle your payroll with ease. We also keep up to date with all the ever-changing legislation.
In addition, we are a BACS approved bureau. This means that we have been audited to the very highest standards and it allows us to send BACS payments on behalf of our clients. So, we can send BACS payments to your employees, HMRC, and other third parties.
We can also take over the running of your auto enrolment pensions scheme. That is another area in which things can become very complicated, as you have employees who are eligible to enrol, others who are not but wish to do so, employees who choose to opt out: the list goes on.
Give us a call on 020 7866 4600 to find out more about our UK payroll services, or email paycheck@paycheck.co.uk.
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