Constant legislative updates mean that payroll responsibilities are becoming ever greater. Staying compliant is key and our aim is to take away the hassle from you so that you can focus on day-to-day matters. Outsourcing your payroll is cost effective and flexible as it caters for your specific needs. Our payroll sister company, Firm Value Payrolls, can provide you with the full payroll outsourcing services including:
HM Revenue & Customs is moving towards greater digitalisation and more frequent reporting. The result is that employers or their agents are required to make an online payroll submission either on the day or before the date they pay their employees.
The system has therefore become more onerous for the employer and the penalties for non-compliance where the employer has failed to meet their RTI filing and payment obligations can be high. Wise & Co can help you stay compliant, as well as save you time, by ensuring that you make your online submissions and pay your liabilities on time.
The introduction of Auto Enrolment has made it compulsory for employers to enrol eligible workers into a pension scheme, to which they must contribute. We can assist you to assess your workforce to establish who should be enrolled as well as keeping your employees updated about the changes. To round the service off we’ll also process the monthly reporting and upload it to your pension scheme provider’s portal.