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 seems to grow almost every day, 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, child care vouchers 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.

The recent introduction by HMRC of the Real Time Information (RTI) system for PAYE, and the Auto Enrolment regulations set to become compulsory for all businesses by 2017 is adding to the already-high 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/managers to focus on running the day-to-day operations that make their businesses successful.

Your individual payroll requirements will be assessed immediately 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 is becoming more and more of a specialist activity.

Our Payroll Services Include

• Weekly, monthly or mixed payrolls
• Auto Enrolment (AE)
• New joiner/leaver administrations
• 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 From Oct 2012, changes took place on pension provision in the UK, with the emphasis on pension provision falling to the employer. It is now the responsibility of the employer to enrol staff automatically into a pension scheme and to make contributions into that scheme.

These changes will have financial and administrative implications to your business and early planning for these changes will minimise any issues and help reduce the danger of any unbudgeted costs. There are also significant penalties for noncompliance.

We have the tools and knowhow to minimise the administrative burden of AE and our experienced team provide a complete outsourced service.

Benefits Of Using Us

• No payroll security problems
• Cost effective service
• Adaptable to your business growth
• No need for recruitment or training
• Time saving
• Employees receive fast and efficient service
• No need to keep up to date with legislation
• 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 can result in hard penalties and cancellation of gross status. It is therefore essential that these rules and regulations are followed. This is where using our Payroll Service can ensure you do not fall foul of HMRC.

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