Whether weekly or monthly, running a payroll consumes a large amount of time, with multiple processes to complete in order to comply with legislation and pay workers on time.
Failing to pay staff on time can have a catastrophic effect on morale and have knock-on effects in employees’ lives.
Whilst many large businesses have their own in-house payroll team, for the majority of firms, the burden of payroll is patently clear, both in terms of time and the resources it takes up.
Keeping up to date with constantly evolving regulations can be tiring for business owners and the introduction of real-time information (RTI) legislation to the PAYE system can see businesses fined for failing to submit information to HMRC each time a worker is paid.
Add to that GDPR legislation and keeping your employees’ data confidential and secure has never been more important.
That is why for many businesses there comes a time when handling payroll in-house is no longer feasible.
Outsourcing your payroll to the team of specialists at HSKSG reduces stress and leaves you more time and money to reinvest in growth, rather than in specialist software and on-going training for team members who could be more usefully deployed elsewhere in your business.
It also frees you up from the burden of having to keep up with the latest legislation and best practice and the worry of what happens if your payroll person is on holiday or unexpectedly absent.
Our payroll services team can provide:
- Weekly and monthly payroll preparation
- Monthly returns to HMRC for PAYE, NI, Student Loans, SSP, SMP, SPP, SAP, etc
- Annual returns, including P35s, P60s and P11Ds
Contact our team of payroll specialists today to find out how we can help.
So that’s us. What about you?
Drop us a line to discuss all things business, from your aims and ambitions to improvements you’d like to make in the short-term. We are here to help, so contact us to make a no-obligation appointment.