Payroll

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 service including:

  • Auto enrolment pension calculations, electronic feeds and associated reports
  • Electronic payslips
  • Payroll cost analysis
  • Production of P60s and P14s
  • Calculation of gross and net pay
  • Calculation of PAYE and NI
  • Statutory payment calculations such as: sick pay [SSP], maternity pay [SMP] and paternity pay [OSPP] and shared parental pay [ShPP]
  • Loan deductions and repayments – court orders and student loans
  • Set up and amendment of employee records – starters and leavers
  • Timesheet details recorded and overtime applied
  • Production of P45s
  • Secure data exchange via our dedicated payroll portal
  • Secure data back up
  • Implementation of payment method facilities
  • BACs submissions for net pay and PAYE and auto-pay transfers
  • PAYE registration of new businesses with HM Revenue & Customs

Real Time Information (RTI)

HM Revenue & Customs is moving towards greater and 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. We’ll help you stay compliant, as well as saving you time, by ensuring that you make your online submissions and pay your liabilities on time.

Auto Enrolment

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.

Get in touch for more information about our Payroll services