Payroll

Payroll is becoming an ever more challenging field to navigate, with numerous deadlines and legislative requirements for compliance. Many  businesses find staffing this intermittent activity difficult and see outsourcing  to a specialist RTI compliant payroll bureau as the obvious workaround.

We offer a complete RTI-compliant payroll bureau service, to free your time and allow you to concentrate on running your business, operated from our Ely office. The basic outline of the service is that you advise us of the gross pay and we calculate the net pay, supply you with security payslips and advise you how much PAYE and NIC to pay HMRC. Some of the more specific areas our service covers are:

  • Payroll for weekly, fortnightly, four weekly, monthly, quarterly or annual pay periods.
  • Submission of all relevant RTI returns, including Employer Payment Summary (EPS), as required.
  • Preparing all necessary forms P45s, when an employee leaves,
  • Arranging for your employees to be paid by BACS, or other electronic means,
  • Providing ongoing ad-hoc support for all of your payroll queries,
  • Assistance with the calculation of holiday pay in response to the changes due to tribunal decisions from late 2014,
  • Performing PAYE/NIC health check reviews, prior to an HMRC control visit,
  • Administering CIS, including submission of CIS300 returns and CIS payslips for your subcontractors,
  • Advising you in relation to the payroll implications of IR35,
  • Advising you of the journals necessary to update your computerised accounting records,
  • Tax efficient remuneration planning, including salary sacrifice and directors remuneration,
  • Keeping up-to-date with changes in legislation affecting your responsibilities as an employer,
  •  Assistance with Auto-Enrolment maintenance and compliance. Working along-side our sister company Whiting & Partners Wealth Management Ltd we can offer a full end-to-end service to help you meet your auto-enrolment employer duties.

As well as releasing your time and ensuring the quality of payroll administration, outsourcing this function will usually save you money. We will be responsible for software updates, purchasing stationery and staff absenteeism cover. We will also ensure that you pay no more PAYE/NIC tax than you absolutely have to. Clients who are fearful that their payroll administration may be investigated by HM Revenue & Customs may wish to consider taking out our tax investigation insurance.

Whiting & Partners Outsourced Payroll Bureau Updates:



 
Latest Blogs in Payroll
 
Julie Quayle
12th June 2017 Complying with the National Minimum Wage

HMRC recently published a list of excuses used by employers for not paying workers the National Minimum Wage: The employee wasn’t a good worker so I didn’t think they deserved to be paid the National Minimum Wage I thought it was ok to pay foreign workers below the National Minimum Wage as they aren’t British…

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Julie Quayle
31st March 2017 Payroll Update: Mar-17

The team at Whitings payroll bureau have produced their latest newsletter, to keep clients updated on relevant recent changes to payroll and related legislation: Edition 6 – March 2017 Blog entry by: Julie Quayle.

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Philip Peters
24th February 2017 Renewal Premiums

Tax Investigation Insurance: Premiums for 2017-18 policy year. Prices unchanged from the previous year:   Limited companies with turnover >£20m                    POA Limited companies with turnover £10m to £20m     £540 Limited companies with turnover < £10m                   £185 Partnerships and LLP’s                                                     £155 Sole traders                                                                         £100 Private clients                                                                       £40 Our tax investigation insurance business is…

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Barbara Nicholas
3rd November 2016 Mobile Workers

Employers with internationally mobile employees: New NIC rules. The NIC regulations have been updated to provide clarity for employers whose employees work abroad. The amendment made confirms that several categories of expenses are not liable to Class 1A NIC, specifically: travel between employments where duties performed abroad travel costs and expenses where duties performed abroad:…

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Barbara Nicholas
3rd November 2016 International Payrolls

The NIC regulations have been updated to provide clarity for employers whose employees work abroad. The amendment made confirms that several categories of expenses are not liable to Class 1A NIC, specifically:

  1. travel between employments where duties performed abroad
  2. travel costs and expenses where duties performed abroad: earner’s travel
  3. travel costs and expenses where duties performed abroad: visiting spouse’s/civil partner’s or child’s travel
  4. foreign accommodation and subsistence costs and expenses for overseas employments

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Karen Moore
2nd November 2016 Statutory Sick Pay (SSP)

The Government today announced plans to review SSP, to encourage supportive discussions and phased returns to work. The proposed plans included in this green paper include:

  • Encouraging employers to work with their employees with long-term health conditions, to stop them from falling out of work,
  • A review of Statutory Sick Pay and doctors fit notes, to support workers getting back to work faster, and for longer,
  • Work Capability Assessment reform, via the launch of a consultation,
  • A debate about recognising the value of work as a health outcome.

Read More »