Small to Medium Business Payroll Services
We focus on your payroll, so you can focus on expanding your business.
Our professional payroll team has the expertise to provide you with a secure, state of the art payroll system. This system is specifically designed with your business in mind.
It doesn’t matter whether you have one employee or hundreds, paying your people accurately and on time is crucial. The number of employees you have is irrelevant if you don’t find payroll very easy to manage.
Manual payroll systems are time consuming as well as open to error. Keeping on top of legislation changes can also be a real challenge. Having experts manage your payroll for you takes the pressure off and frees you up to focus on your business success.
Whether you are looking for a fully managed payroll service or a partially managed one, Accounting Preneur has the solution for you. Our fully managed payroll services encompass comprehensive management of all payroll obligations, ensuring compliance and personalised support. With over 10 years of experience, you can rest assure that your payroll is in safe hands with us. Payroll outsourcing with Accounting Preneur reduces costs and saves time, allowing you to focus on growing your business.
Dedicated PAYroll Experts
We have both tax experts and payroll service providers that are assigned to managing your payroll needs. For a fully managed service and help with tax issues, we have got you covered.
You will have the same team in charge of your payroll every fortnight, month or quarter. You can be assured of a consistent handling of your organisations’ needs with someone who speaks your language. Opting for an outsourced payroll service is a strategic investment that can streamline your payroll functions, reduce costs, save time, and ensure compliance with regulations.
Our systems are tailored to each individual business ensuring you get the best setup for your payroll.
Why Choose FULLY Managed Payroll services?
By choosing managed payroll services, you don’t have to worry about staying up to date with the real time information on PAYE rules or HMRC legislation. In fact, you may not have to talk to HMRC at all.
Our team of experts can liaise with HMRC on your behalf. This is especially beneficial with regard to the HMRC issuing a wrong tax code, or to change a non-beneficial tax code.
All your payroll reports are securely stored so that you can gain access to them whenever you need to.
We import the data directly from your systems to ensure maximum accuracy in your payroll. Our payroll outsourcing services cater to businesses that require expertise in navigating payroll complexities and compliance with regulations.
Using the latest technology, we can provide you with fortnightly, monthly, quarterly or annual payroll reports.
We assure best practice and keep up to date with all compliance requests and changes.
If you want to:
- Pay employees accurately and on time
- Save time by streamlining processes
- Reduce errors
- Always be compliant
- Know your data is safe and secure
Contact us today to see how we can help you.
By using our payroll service, you free yourself of the headache and can focus on the importance of running your business.
BENEFITS OF OUTSOURCED PAYROLL SERVICES
Outsourcing payroll services can bring numerous benefits to businesses, including cost savings, increased efficiency, and reduced risk. By outsourcing payroll, businesses can free up valuable time and resources to focus on core activities, such as growing their business and improving customer service. Additionally, outsourced payroll services can provide access to expert knowledge and specialised software, ensuring that payroll is processed accurately and in compliance with UK payroll regulations.
Some of the key benefits of outsourced payroll services include:
- Cost savings: Outsourcing payroll can help businesses reduce their payroll costs by eliminating the need for in-house payroll staff and software.
- Increased efficiency: Outsourced payroll services can process payroll quickly and accurately, reducing the risk of errors and delays.
- Reduced risk: Outsourced payroll services can help businesses mitigate the risk of non-compliance with UK payroll regulations, reducing the risk of fines and penalties.
- Access to expert knowledge: Outsourced payroll services can provide businesses with access to expert knowledge and specialised software, ensuring that payroll is processed accurately and in compliance with UK payroll regulations.
CHOOSING A PAYROLL SERVICE PROVIDER
Choosing the right payroll service provider is crucial for businesses that want to outsource their payroll. With so many providers to choose from, it can be difficult to know where to start. Here are some key factors to consider when choosing a payroll service provider:
- Experience: Look for a provider with experience in providing payroll services to businesses in your industry.
- Expertise: Ensure that the provider has expert knowledge of UK payroll regulations and can provide guidance on compliance.
- Technology: Look for a provider that uses specialised software to process payroll, ensuring accuracy and efficiency.
- Customer service: Choose a provider that offers excellent customer service, including a dedicated account manager and support team.
- Security: Ensure that the provider has robust security measures in place to protect your payroll data.
How We Integrate PAYROLL With You
Working directly with you, our payroll experts gather all the relevant employee data to create the system that suits your pay cycle, ensuring seamless integration for our payroll clients. We will guide you through every step of the implementation of the new system.
When our payroll is established, we will check it in tandem with your existing payroll to ensure everything is running smoothly. Our comprehensive payroll management services ensure compliance and improve efficiency for your business. After this, all payroll runs are managed by our experts. We will send you reports to authorise on the timescale that you request and your employees will have easy access to their payslips online.
IMPORTANT PAYROLL DATES AND COMPLIANCE
As a business owner, it’s essential to stay on top of important payroll dates and compliance requirements. Here are some key dates and requirements to keep in mind:
- PAYE deadlines: Ensure that you submit your PAYE returns on time to avoid fines and penalties.
- National Insurance contributions: Ensure that you pay your National Insurance contributions on time to avoid fines and penalties.
- Auto-enrolment: Ensure that you comply with auto-enrolment requirements, including staging dates and contribution rates.
- RTI: Ensure that you submit your RTI returns on time to avoid fines and penalties.
SECURITY AND DATA MANAGEMENT
When outsourcing payroll services, it’s essential to ensure that your payroll data is secure and protected. Here are some key factors to consider:
- Data encryption: Ensure that the provider uses data encryption to protect your payroll data.
- Secure servers: Ensure that the provider stores your payroll data on secure servers that are protected by robust security measures.
- Access controls: Ensure that the provider has access controls in place to prevent unauthorised access to your payroll data.
- Compliance: Ensure that the provider complies with UK data protection regulations, including GDPR.
By considering these factors, businesses can ensure that their payroll data is secure and protected, and that they are complying with UK payroll regulations.
What We Provide
A Designated Person
We will ensure that you have one person that is your designated team contact to ensure continuance. This person will be the one who runs your payroll so any queries will be handled quickly and with ease.
You will be given access to the payroll team and your contact via a direct phone line and email. All queries will be answered within a 24 hour period.
Salary Sacrifice
We can advise you on salary sacrifice options such as the provision of a company car for employees and any employment benefits such as bonuses.
HMRC
If an employee has an incorrect tax code, or a non-beneficial tax code, our team of experts will lease with HMRC on your behalf to sort this out.
We make sure that your systems are up to date with any changes in HMRC legislation and changes to PAYE schemes. Keeping on top of the constantly changing rules is vital to having a smooth running payroll system and avoiding any penalties for not doing so.
Safety and Security
Our state of the art payroll system ensures minimal room for errors. We also check the results to ensure a problem free payroll run every time.
All data is securely encrypted and stored for you to access at any time you need, for a minimum of seven years, as required by law.
Data security is our top priority and our portal is highly secure. We also use encrypted emails and have a secure online payroll dashboard for employees
Reporting to HMRC
Our payroll software will send a Full Payment Submission (FPS) to let HMRC know about all payments to your employees including any deductions that you have made.
We make sure that the FPS is sent on or before your employees’ payday as per HMRC guidelines even if you pay quarterly rather than monthly.
HMRC require a consistent reporting of pay. For example, even if payday falls on a Bank Holiday and employees are paid early, they still want the entry on the regular payday. We make sure of this consistency.
Payments
We are approved to pay salaries via BACS and can also make any pension payments, HMRC and 3rd party payments on your behalf.
Most importantly, we ensure your employees are paid the correct amount every time and on time.
We understand that payroll is something that you just want to run smoothly without having to worry about it.
Your staff want to be paid the right amount, on time, every time. We know that you want to ensure this happens.
At AccountingPreneur, our systems ensure that this is exactly what happens. Contact us today to find out how we can help you with your Payroll.
Auto Enrolment Systems
We can advise on and set up auto enrolment pension or personal pensions such as SIPPs. This will ensure the smooth running of any pension plans taking the pressure off you and making sure you are compliant with all legislative requirements.