Payroll Services Outsourced LtdE-Mail : firstname.lastname@example.org Web: www.payrollservicesoutsourced.co.uk
Construction Industry Scheme (CIS)
Expenses and Benefits (P11D,P11Db)
Outsourced Payroll Services For Small Business
Outsourcing Payroll – Why?
There are a number of reasons why you should outsource your company payroll, below are some of them....
Financial burden – We have already done it for you, we have the software (HMRC compliant), hardware and technical capability. Do you want to know the true cost of setting up a payroll department within your business?
Legislations – We know and keep on top of all the rules and regulations so you don’t have to, including Auto Enrolement (A.E) and RTI
Experience – With more than 20 years in the industry you get more than just a payroll service, you get a wealth of knowledge.
Security and Confidentiality – We are registered under the data protection act (ZA225460) so all information is secure as confidentiality is key.
Simply contact email@example.com and see how we can save you money.
Payroll Services Outsourced Ltd provides an inclusive service which consists of the following:-
Set up of PAYE scheme (if applicable) and computerized payroll including standard forms for new employee details etc.
Weekly, fortnightly, four weekly or monthly payroll processing. To ensure the timely and efficient processing of all payrolls clients of Payroll Services Outsourced will be given a time and day of the week/month by which notification of hours to pay etc. should be emailed for processing. The deadlines given are for the mutual benefit of both parties and any information received after the specified deadline has passed is not guaranteed to be processed in accordance with the client’s requirements. Pay frequencies cannot be changed part way through a tax year.
Clients must provide us with details of hours/wages/expenses/ commissions/mileage claims etc to pay and any payroll amendments by phone and email. If any payroll information is advised by phone written/email confirmation is also required.
Payslips and payroll reports are emailed to clients in PDF format as standard. Clients may choose to have paper copies posted to them for an additional fee. Example reports are Year to Date Figures, Employers Summary for the Tax period, Employers Payslip P30, Accounts Reconciliation, Pension Contribution etc. A full list of reports is available on request.
Calculation and notification of your monthly or quarterly Tax & NI liability (PAYE) including details of how and when to pay it.
Notification and implementation of changes to National Minimum Wage, Tax and National Insurance contributions etc.
Management and electronic filing of incoming employees P45’s, P46’s & P38’s. Issue P45’s for departing staff.
Calculation and Management of Statutory Sick Pay (SSP), Statutory Maternity Pay (SMP), Statutory Paternity Pay (SPP), holiday/absence records, student loans, subs and attachment of earnings etc.
Calculation and notification of pension liabilities. Employers with 5 or more employees are currently obliged to offer access to a stakeholder pension scheme to employees who earn more than the National Insurance lower earnings limit (£109 per week in the tax year 2013-2014). Employers do not have to offer a Stakeholder Pension if there is a Company (occupational) Pension scheme in place or if an employee joins an alternative personal pension scheme where the employer pays into it an amount at least equal to 3% of the employees pay.
Reconciliation, completion & electronic submission of mandatory payroll RTI (Real Time Information) documents. Please note that once an RTI submission has been sent to HMRC your payroll cannot be amended.
As an employer it is your responsibility to ensure any changes you wish to make to your payroll are emailed as soon as possible to M Anderson t/a Payroll Services Outsourced.
To assist our clients Payroll Services Outsourced Ltd are also able to offer the following optional payroll services:-
Additional charges will apply. See Fees list.
Completion and submission of Construction Industry (CIS) returns. Including online verification of subcontractors, monthly CIS300 returns, CITB levy deductions, subs, advances and payment retentions, subcontractor payslips and subcontractor invoices.
Posting of employees payslips to their home addresses.
Completion of claim forms for, employee housing benefit, mortgage earnings enquiry etc.
© Payroll Services Outsourced Ltd 2017
Contact us on : firstname.lastname@example.org | Data Protection Act Registration Number ZA225460