Running your own payroll can be time-consuming and complicated. Legislation is constantly changing and failure to comply can result in considerable penalties. Since April 2013 there has been an overhaul of the reporting process with the advent of Real Time Information , ‘RTI’, compliance adding a further time-critical burden on employers.
At Portskewett Accountancy Services we operate a payroll bureau facility providing the following services:
Set up & administration of your payroll & all statutory payments & deductions
Production of computer-generated payslips e-mailed to you immediately your payroll has been run or security payslips posted by arrangement
Calculation of bonuses, overtime etc
Completion of statutory forms including P45, P60 etc
Details of amount to pay to Inland Revenue & date due