Payroll & CIS Management
Understanding payroll legislation and keeping up to date is a time-consuming task requiring considerable technical knowledge. The burden of PAYE compliance seems to increase constantly. The operation of a PAYE scheme today includes the calculation of statutory maternity pay, statutory sick pay, attachment of earnings orders, student loans, tax credits, charity giving, pension scheme deductions, etc. The list seems endless and the penalties for noncompliance are severe particularly in the building and construction industry.
RTI means employers will now share information with HMRC on-or-before payments are made to employees, we use HMRC-approved, RTI-compliant payroll software’s to perform our tasks.
Auto enrolment now means all employers need to provide pensions for their employees. We can help in all these difficult areas.
Setup
- Conduct a client consultation to better understand your specific requirements
- Transfer all current employees to our payroll systems via CSV or excel
- Perform a parallel payroll run prior to going live to ensure a seamless transition
- Agree the client approval process and payroll timetable
Processing
- Perform a payroll run, updating for any changes within the period (new starters / leavers etc.)
- Create personalised pay and deduction reports for client approval
- Create BACS files
- Dispatch payslips to employees (via email or post)
- Perform HMRC Reporting (including RTI)
- Provide ongoing support from our in-house experts
Year-end
- Produce year end reports to allow reconciliation of payroll figures
- Carry out final FPS for online submissions to HMRC
- Produce and dispatch employees’ P60s
- Conduct a Client Service Review to improve our service delivery for the following year
Contact us now for your free initial consultation: 020 8944 1818 or info@wilbertandco.com