Payroll

Payroll

Processing payroll is one job many business owners really hate, It’s the end of the month, a machine’s broken down, you’ve orders to get out of the door, the phone won’t stop ringing...... then you get an e mail from your secretary....you haven’t forgot that it’s pay day tomorrow, you need to run the payroll, it needs to be with the bank tonight!

It’s a job you can’t put off and failure to pay your employees on time can be a disaster.
  1. Firstly, you may have to pick up costs such as bank charges because some of your employees went overdrawn and more importantly it creates negativity due to the uncertainty and personal banking problems it can create with direct debits etc.
  2. Secondly, you’ve got to get it right, the hours, the rates, the SMP, the minimum wage, the holidays, the tax codes..... it can be a nightmare.

Outsourcing to our specialist payroll team will ensure that your payroll is processed on time, accurately and confidentially.
  1. All our payrolls are prepared by dedicated trained staff, up to date with current legislation such as Pay As You Earn, National Insurance, Statutory Sick Pay (SSP), Statutory Maternity Pay (SMP), holiday entitlements, National Minimum Wage, etc
  2. All our payrolls are prepared using the latest software, up to date with all current legislation,
  3. Payrolls can be over varying periods.ie, weekly, fortnightly, monthly or quarterly,
  4. Timetables are established at the outset so you know when to get information to us by and we know when to get the completed payroll to you by,
  5. Payslips are printed for each employee; you are also supplied with weekly/monthly summaries so you can maintain your own records,
  6. Your PAYE liability is entered on the payslip, all you have to do it sign it and send the cheque to HM Revenue & Customs,
  7. Although we are not able to complete the transaction on your behalf, we may also complete your bank transfer paperwork for you to check and submit to your bank,
  8. We’ll complete all your year end returns P35, P60 and P14’s,
  9. Information can be sent by you for the preparation and then to you by email, eliminating the risk of postal delays and unwanted eyes opening the post as well as speeding up the entire process,
  10. We offer advice on such issues as holiday pay, sickness, statutory maternity pay etc and are always contactable with queries. We also have access to solicitors and HR professionals where necessary.

We offer a flexible, competitively priced and complete service; the cost our service is often cheaper than the cost of employing someone to do it and the annual software updates, making it a very cost effective service,

Outsourcing will allow you to concentrate on the important thing - your business.

To discuss your payroll requirements..

">Contact  Contact Mandy Charlton
or
">Contact  Contact Jane McKenzie
Stopford Associates - Chartered Accountants and Business Development Specialists - Registered to carry on audit work by the Institute of Chartered Accountants in England and Wales. The firm is not authorised under the Financial Services and Markets Act 2000, but we are able in certain circumstances to offer a limited range of investment services to clients because we are members of ICAEW. We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide. Stopford Associates is the trading name of Stopford Associates Limited registered in England and Wales. Company No. 4193839 Registered office, Synergy House, 7 Acorn Business Park, Commercial Gate, Mansfield, Nottinghamshire, NG18 1EX. Accountants in Mansfield - Stopford Associates