Why Should I use a Payroll Service?
I only have a few employees - Why should I worry?
You mention BACS, what does this mean?
What is the cost involved? Is it expensive?
Every year I dread tax year-end - Does a payroll service get rid of that worry?
I worry about fines that can be imposed if I get things wrong. How does the service help me with this?
Will payroll services save me money?
What equipment will I need?

Why Should I use a Payroll Service?
Payroll is an important but not a core activity for you. It is, however, the core activity for a payroll service company. You want to concentrate on the actual money generating side of your business, not on the paperwork and admin that comes with it. Many of our clients also find real benefit from the fact that the hassle of worrying about the reliability, security and legislative side of running an in house payroll disappears when using a payroll service company.
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I only have a few employees - Why should I worry?
Payroll services are suited for companies with any number of employees. The service (and its level) is designed with you and your company in mind. All companies - big and small - have the responsibility for compliance with the latest rules and regulations. In addition, if you only have a few employees, you may not have an office manager and the admin paperwork probably ends up on your desk. Furthermore, the payroll service provides you with the security and reliability of BACS money transfers (rather than using cheques or cash), ensuring that your staff are paid accurately and on time.
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You mention BACS, what does this mean?
Payroll is frequently thought of as a two-stage process: calculation and then payment. You tell us your payroll data or changes and we take care of the calculation and the payments to your staff. On your chosen date(s), the monies are debited from your account and credited to your employee's accounts using the Bankers Automated Clearing Service (BACS) which is a very efficient way of transferring money. This means improved cash flow and no more signing cheques or carrying cash (unless you want to, of course).
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What is the cost involved? Is it expensive?
Generally speaking, the cost depends on the number of employees and how frequently you pay them (weekly to monthly). The service starts from £13 per week for a weekly payroll and £25 per month for a monthly payroll, and includes year-end returns, NI, PAYE, P11Ds, P45s, P60s, P35s, etc. There are no hidden charges.
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Every year I dread tax year-end - Does a payroll service get rid of that worry?
Payroll service companies take responsibility for all aspects of PAYE Tax Year End. This means that we provide P60s for each member of staff and P35 Summary information for submission to the Collector of Taxes.
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I worry about fines that can be imposed if I get things wrong. How does the service help me with this?
Not only do we ensure that your payroll is correct at all times, we also keep you up to date with the relevant information from any legislative changes. These simple and concise information sheets are included with your payroll output. If you have any doubts or have further questions we are never more than a phone call away.
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Will payroll services save me money?
The payroll service pays for itself in a number of ways: it saves time, bank charges and effort as well as gives you the comfort of knowing that a professional company we are responsible for your payroll. Leaving you free to concentrate all your efforts on managing the business.
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What equipment will I need?
None! This is a fully managed service; you don't even need any payroll knowledge. All you need is access to a fax, an envelope or the Internet to send us the payroll data or changes.
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What do I do next?
Use our QuickCalculator to find out how much it could cost to your company. Provide your details and we will call you to review your current methods of processing payroll, with no obligation.

Useful Glossary

Payroll - list of employees receiving wages or salaries, with the amounts due to each, or total sum of money to be paid out to employees at a given time, both stating the deduction of taxes and National Insurance contribution.

Payroll Service - a service that automates (and outsources) the regular payment of wages and salaries to and the deduction of taxes and national insurance contributions from a company's employees

Accounting - A term used to describe the methods used to record business financial information , including costs and expenses such as payroll (salaries and wages)

Accounting Service - A service who keeps or inspects a business 's accounts

PAYE - (Pay As You Earn) The Inland Revenue description for the process used to deduct tax and national insurance at source (i.e. by the employer).

Pay As You Earn - The Inland Revenue description for the process used to deduct tax and national insurance at source (i.e. by the employer).

Year End Tax - The submission of the statutory returns P35, and P60 to the Inland Revenue and employees after the 5th April each year

Paying Staff - The paying of wages and salaries and deduction of tax and national insurance from those who work for you each month or week.

Paying Employees - The paying of wages and salaries and deduction of tax and national insurance from those who work for you each month or week.

Sage - Software for bookeeping and payroll

Pegasus - Software for bookeeping and payroll

TAS - Software for bookeeping and payroll

DOSH, DO$H - Software for bookkeeping and payroll

Quicken - Software for bookeeping and payroll"

Manual Tax Tables - Table provided by The Inland Revenue to calculate a payroll and tax deductions without the aid of software