The set-up

As with most things in life, there is a little set-up required. To get started, we collect from you a series of information. Most will relate to payroll, salaries, retained taxes to date, paid NI, etc. (This information should be available in your organisation… if it is not, it's another reason to se our services)

Thereafter

All you need to do is communicate each month your wage changes to your nominated contact.

We will then:
• calculate and process the payroll,
• produce payslips and generate management reports; and
• transfer the money into employee accounts (should you instruct us to)

The complex tax year-end process will also be completed at the end of the financial year.

In short you can rely on us to do whatever you need done to ensure the smooth running of your payroll, at a fixed and budgetable cost. Your nominated payroll contact will always be only a phone call away, and able to help with any questions.

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