Service

Payroll

If you employ any staff, or plan to do so, you will need a payroll. The payroll process includes recording, settlement and distribution of wages and salaries, as well as employees' statutory and voluntary deductions. The purpose of this is to calculate the salary entitlement (gross and net) of all employees for the period in question.

The downside of in-house payroll processing

If you choose to run payroll in-house, you will need to:

  • Use approved software
  • Set up payroll
  • Calculate each employee's wages
  • Calculate pay for time not worked (e.g. sickness, holidays, maternity leave)
  • Manage pensions, bonuses, benefits and other payroll deductions
  • Report tax (PAYE) via payroll

Even for a small organisation, this can amount to a lot of work.

Accuracy and dependability are also paramount. Payroll can be onerous for a non-specialist to handle, leading to wasted time and potential mistakes. In turn, this can damage your relationship with HMRC and your own employees alike. Similarly, if payroll is the sole responsibility of someone on your staff, you will have to work out what to do when they are off sick or on annual leave. Therefore, many businesses outsource their payroll function to a specialist provider such as their accountant.

Why outsource your payroll to Motabar Accountancy

When you outsource your payroll to Motabar Accountancy, you ensure that payroll is 100% correct, 100% of the time. We utilise modern payroll software backed up by qualified payroll experts. The result is an accurately managed payroll service you can rely on.

We understand that employees are the most important asset of your business, so paying them accurately and on time ensures your team is both motivated and productive. We are always available, whenever you need our advice, and we ensure that you remain compliant with current employment legislation. Moreover, we can advise you on how you can minimise your taxes.

Motabar Accountancy provide the following payroll services

  • Registering for employer PAYE scheme
  • Helping employers choose the right pension product
  • Managing a registered pension scheme
  • Processing weekly or monthly payslips for your employees
  • Dealing with employee leaving and joining (P46, P45s)
  • Dealing with SSP and SMP
  • Filing RTI submissions
  • Filing P11D
  • Issuing P60s
  • Employment issues (e.g., grievances, dismissal, holidays)