Payroll for Businesses

When should businesses outsource payroll?

Businesses often initially process payroll themselves for a few reasons; they are often protective of wage information, or perhaps they want to maintain control over payroll data to handle last-minute changes.  Ultimately they consider in-house processing to be more cost-effective than outsourcing. 

 

However, even the most meticulous and experienced professionals find that payroll can be a challenge.  Without the proper knowledge of payroll procedure and access to a sound payroll program, it's easy to make mistakes.  Combine the time spent on processing payroll with the financial penalties associated with pay and tax filing errors and it usually works out more cost-effective to hire an expert and outsource your payroll.

How we help

Morewood Accounting payroll services offer an attractive and valuable alternative to in-house processing.  We’re experienced in working with clients of all sizes and can guarantee your move to Morewood Accounting will be seamless and stress-free.  Our service includes:

 

  • Producing and issuing e-payslips for each member of staff

  • Employee payment via BACS

  • Processing timesheets

  • Calculations and advice for salary change; mid-period calculations for new starters or leavers

  • Liaising with HMRC and undertaking submissions and returns as required

  • Advice on Income Tax and National Insurance matters

  • Information-rich management reports

  • Producing P60s and P45s and calculating any Statutory Sick Pay (SSP)

  • Compliance with all statutory requirements including PAYE, NICs, SSP, SMP, SPP, SAP & Student loans

  • Automatic Enrolment (Workplace Pensions)

    • Assess your workforce and assist with setting up your pensions scheme

    • Help with registering with The Pensions Regulator (TPR)

    • Carry out on-going assessment and send information direct to the Pensions company

 

Services & Pricing

We have more than 25 years’ experience in accounting and payroll management.  We will give you peace of mind by taking care of all of your AE workplace pension obligations; when you switch to us we’ll also provide an audit of your payroll at no extra cost and make recommendations for any issues identified.

 

For more details call 01438 743215, email us at enquiries@morewoodaccounting.com or fill in our form to request an information pack.

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