Payroll
Your employees are the most important asset of your business, paying them accurately and on time ensures they are motivated and increase your productivity. Our payroll service has been designed not only to process your employees pay, but as a powerful management reporting tool. We will work with you to ensure you have the correct management information in the format you require to add real value to your business.
We can cope with any frequency of payroll whether weekly, monthly, quarterly, or even annually. It is difficult for smaller businesses in particular to engage, train and retain suitably skilled staff and the penalties for PAYE failure can be severe: wasted management time, employee dissatisfaction and vulnerability to Inland Revenue PAYE Inspections.
We have a professional service which provides you with a comprehensive and confidential payroll service, including:
- Customised payslips
- Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
- Completion of statutory forms, including year end returns, to issue to your employees and submit to the Inland Revenue
- Administration of pension schemes
- Individual payslips (various types available) for each member of staff plus employer’s copy
- A set of payment summary sheets itemising all payroll deductions made for the current period
- Set up of new staff and P45s for those leaving
- Attachment of earnings and other deductions
Even if you have only a few employees, by outsourcing your payroll to Stern & Company you will:
- Ensure your business remains compliant with current payroll legislation
- Free up your time to focus on the development of your business
- Replace your need for a specialist
- Minimise your IT investment or involvement
- Receive professional support for all payroll related matters
- Have greater control over your payroll costs
