Payroll and RTI Services in Brent
Payroll administration is an onerous task for the business owner, and more and more businesses in Brent are turning to experts to outsource their payroll function.
What's more, the new Real Time Information (RTI) system means there are fundamental changes to the way Pay as You Earn (PAYE) operates, resulting in further compliance requirements for employers.
Here at [[Your name here]] we can remove the pain of administering the payroll function, enabling you to keep on top of costs and saving time, meaning you can get on with what you do best - growing your business.
Managing the payroll involves correctly calculating employees' pay and deductions under the Pay as You Earn (PAYE) system, including:
- Wages and salary
- Income tax
- Employer Class 1 national insurance contributions
- Employee Class 1 national insurance contributions
- Pension contributions
- Statutory maternity, paternity or adoption pay
- Statutory sick pay
Other payments, such as overtime, shift pay, bonuses and commission, and student loan deductions must also be accounted for, further complicating the procedure. As expert providers of payroll solutions, [[Your name here]] can assist you in all of these areas.
As tax and employment law continues to grow in complexity, our comprehensive and efficient payroll services offer peace of mind that your business is fully compliant with the necessary legal requirements, including keeping the appropriate payroll records.
So if you wish to fully outsource your payroll, or are looking for an in-house payroll software solution, our experienced experts can provide a payroll service geared to your specific requirements.
Contact us today to discover how your business could benefit from our professional payroll services in the Brent area.