Tax Data Ltd Accountants offers a comprehensive payroll service for employers who would rather divest themselves of the need to try and keep abreast of the regulations and compliance issues involved in running payroll. From 5th April 2015 HMRC will apply monthly £100 late filing penalties for small employers (less than 50 employees) so all employers must have appropriate procedures in place to avoid these penalties.
We have used Moneysoft software for many years and have found suits us and our clients. For smaller employers (5 for fewer employees) it is usually more cost efficient if we undertake the payroll function. Larger clients may wish to look at moving payroll work in house and we can provide full training and support to facilitate this.
We have a simple solution that reduces your involvement to just emailing us how much to pay your employees at least three working days before you intend to pay them. Our software calculates the payroll and submits the relevant returns to the HMRC obtaining electronic receipts as proof of delivery. We email you back the payslips and summaries to you.
It means a lot less work and headaches for you. You receive emailed payslips and payroll summaries ahead of your payroll pay date, which serve the dual purpose of providing proof that the correct RTI-payroll returns have been made to the HMRC (no penalties) and you no longer have to waste resources on training staff to operate expensive payroll software, which means our low monthly fees often represent a sensible and significant cost saving solution for you.
Our typical Payroll fees are:
Setting up of the payroll – £100 (one off charge).
One man company – £100 pa.
Employer with 5 Employees – £200 pa.
Closing the payroll – £100 (one off charge).
Returns of benefits and expenses – £25 per hour.
If this is a service you would like to learn more about, please call us on 01737 551904.
Published 13 September 2017.
Updated 15 October 2017.