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Bookkeepers in Buckingham Ltd
Bookkeepers in Buckingham Ltd

Payroll

 

Running your own payroll can be time consuming and requires you to keep abreast of current legislation. By passing this task to an outside provider it frees you of this responsibility. Whether you require your payroll on a weekly or monthly basis all you need to do is to ring/send or e-mail hours due for each employee to me and we will run your complete payroll for you, returning payslips and P32’s to you in order for you to make your payments each month to the Inland Revenue. At the end of the tax year we will run all your end of year paperwork and return it to you ready for you to issue P60’s etc. We use the Sage payroll program, which is recognised by the Inland Revenue.

 

Cost of Payroll. There is an initial one off set up fee of £50, which covers the setting up of your company PAYE information and all your employee data. The weekly or monthly costs vary according to the number of employees you have. Julie Austen holds the ICB Level III Diploma in Payroll Management.

 

Julie has been on the RTI (Real Time Information)  pilot scheme under Sage/HMRC since November 2012 and as this will be manadatory from April 2013 it is an obligatory part of payroll. Once under RTI it will be necessary to submit returns to HMRC on a monthly basis rather than an annual year end return so a knowledge of RTI itself and how it works will be essential to your payroll requirements. By sub contracting your payroll to us you will save yourself the need to take on additional training etc in this field. Part of the benefit of using Sage payroll software is the confience of knowing that you are compliant with latest payroll legislation.