You already know about the benefits of professional payroll processing. So how does using professional payroll services compare to your current systems?

You currently use…

• Manual paper systems
  This is highly time consuming and accuracy is often an issue. Furthermore, it requires extensive knowledge of PAYE and other regulation, and requires you to stay up to date on all changes in legislation. Data is kept on paper which makes it accessible to unauthorised personnel and bares the risk of losing all in case of a disaster.
  
  
• Software
  These packages ease the processing yet often won't help you with the payments, making it a two-staged process. You will have to do the payments (cash, cheque or bank transfer) manually with all the paperwork and admin. You also need an understanding of payroll legislation. Changes of the legislation often require an upgrade of software, which in turn may mean you have to re-learn how to use it.
  
  
• An accountant
  Although a specialised person in related fields, an accountant is generally not an expert in payroll processing. Accountants are often not up to date with the legislation. You may end up paying "expert rates" for a "non-expert service". And remember, you are effectively just shifting inefficiencies from you to the accountant while paying the accountant for those inefficiencies, no matter whether the used systems are manual or software based.

No matter what your current situation is you can always take advantage of our service. We will discuss your situation with you to ensure we take the burden of your shoulders while providing high quality to you, your staff (and the Inland revenue).

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