Payroll can be difficult for any employer running a business, especially if you are new to Payroll.
Problems can arise such as:
Incorrect calculation of taxes and national insurance contributions
Incorrect PAYE coding
Incorrect wage payments to employees
Incorrect pension contributions
This will lead to:
Penalties and fees.
Unhappy employees with incorrect pay or tax.
More admin work and time spent rectifying the errors.
Whether you are a one-person business or have hundreds of employees, you will be required to file Payroll with HMRC on a weekly and monthly basis and have annual filing requirements on top of that.
P. McGirr & Co can take the stress out of Payroll and provide you with expertise in all of the following areas:
Monthly/Weekly Payroll
Employee Payslips
P45’s for leavers
HMRC Reporting
Compliance with workplace Pension Legislation
Benefits in Kind
Statutory payments such as maternity, paternity and sick pay