Payroll Services
Get back to your day-to-day business
Looking after your business’s payroll can present a demanding, difficult and protracted challenge, and if your wages are late or your payroll is wrong, your staff will soon let you know about it!
The range of rules, regulations and legislation relating to payroll continues to grow, and it cuts across a huge range of commercial, financial and management issues.
PAYE and National Insurance, Statutory Sick, Maternity, Paternity and Adoption Pay, shared parental leave, completion of forms, pensions, and managing the arrival and departure of company employees all fall under the payroll remit, and this range of responsibilities is making it harder and harder for companies to cope with the demands they place upon them.
HMRC’s Real Time Information (RTI) system for PAYE, together with Auto Enrolment pension regulations, has added to the already high compliance burden, and more than ever before, it makes commercial and financial sense for companies to outsource their responsibilities in this area.
RMT Accountants & Business Advisors’ expert payroll services team provides a comprehensive, flexible and efficient payroll service for companies of all sizes which enables their owners and managers to focus on running the day-to-day operations that make their businesses successful.
Your individual payroll requirements will be assessed to ensure you have a package of support that matches your individual needs.
And, because we have the backing of the whole RMT Accountants team, we can call upon the knowledge of colleagues with expertise in all areas relating to payroll, including all aspects of tax and pensions.
Outsourcing payroll requirements makes a great deal of sense for companies looking to reduce the regulatory burden on their operations, and payroll is increasingly a specialist activity.
Our Payroll Services Include
- Weekly, monthly or mixed payrolls
- Auto Enrolment (AE)
- New joiner and leaver administration
- Processing complex gross pay elements and deductions
- Statutory payment calculations for sickness
- Statutory payment calculations for maternity, paternity and shared parental leave
- Administration of pension contributions, maintenance orders, student loans and earnings attachments
- Paper and e-payslips
- Holiday calculations
- Dealing with RTI and Auto Enrolment requirements
- Year-end processing
- Management reporting
Auto Enrolment
Changes to pension provision in the UK place responsibility on employers to enrol eligible staff automatically into a pension scheme and to make contributions into that scheme.
These requirements have financial and administrative implications for your business, and careful planning helps minimise issues and reduce the risk of unbudgeted costs. There are also significant penalties for non-compliance.
We have the tools and know-how to minimise the administrative burden of Auto Enrolment, and our experienced team provides a complete outsourced service.
Benefits Of Using RMT Payroll Services
- No payroll security problems
- Cost-effective service
- Adaptable to your business growth
- No need for recruitment or training
- Time saving
- Employees receive a fast and efficient service
- Legislative changes managed on your behalf
- Your own dedicated team and manager to provide a bespoke service
- All your payroll and reporting obligations are met by us
- Telephone and email advice always available
The Construction Industry Scheme
If you are a contractor making payments to subcontractors, there are strict compliance procedures to adhere to. Failure to operate the CIS scheme correctly can result in penalties and cancellation of gross payment status. It is therefore essential that these rules and regulations are followed. Using our payroll service can help ensure you do not fall foul of HMRC requirements.
See How We Can Help You
For a no obligation discussion on how RMT Accountants & Business Advisors’ expert team could make managing your business’s payroll responsibilities easier and more efficient, please contact Louise McGuire on 0191 256 9500.