Outsource Payroll Processing

As a business, ensuring your staff are paid correctly and on time has always been important. Over recent years, changes to legislation such as Auto enrolment and Making Tax Digital have increased the burden on internal people, processes and technologies.

One solution many smaller businesses are considering is to move their internal payroll processing to an outsourced arrangement with a specialist payroll provider. Payroll outsourcing can provide your business with a range of benefits:

Complete payroll processing

Each year significant labour hours are spent preparing payroll and ensuring that payslips are sent out timely. Payroll processing inside your business is a time-consuming process. Keeping track of benefit deductions, garnishments, new hires and terminations, paid time off can be frustrating tasks.

Outsourcing payroll allows employers to concentrate on their core business and frees up the business owner, human resources or accounting personnel to work more on strategic tasks that could ultimately affect your bottom line.

Auto-enrolment

Auto-enrolment will affect all employers regardless of the number of people they employ, and there are a number of important tasks that must be completed to comply with automatic enrolment.

By outsourcing your payroll and auto enrolment duties, every element of Auto-enrolment is taken care of by Haines Watts, this way, you can focus on other, more strategic projects that will drive your business forward.

HMRC liaison on Making Tax Digital

We take away the burdens and pressures of dealing with HMRC. At Spring Budget 2017 the government announced that it would provide 3.1 million small businesses with an extra year (until 2019) before they are required to keep digital records and send HMRC quarterly updates, so make sure your business is ready by this date.

Outsource payroll processing

Payroll processing by hand is a time-consuming process. Outsourcing to a professional bureau is the simplest, most efficient and most flexible way to manage your payroll. We can produce payslips using our payroll software. We can either print payslips to give to your employees, or you can send them electronically. All your end of year reports will also be taken care of when payroll is outsourced.

Payroll Services Scunthorpe

Our accountants work across Scunthorpe and the Lincolnshire area assisting companies of all sizes with payroll processing. If you have any queries or require help in completing and/or submitting your company tax return please contact us online or call on 01482 598694.