The Payroll (PAYE) Tax Advice service offered by Advance Accountants Milton Keynes is designed for small to medium sized businesses who don't have the resources or skills to manage this process in-house, and require a local, reliable and experienced accountancy to manage it on their behalf.
With ever more complicated tax and employment legislation, processing your own payroll can be both complicated and time consuming. There is an increasing burden on small businesses to comply with this legislation and any non-compliance can lead to substantial penalties.
The payroll service from Advance Accountants Milton Keynes includes everything required to run a payroll, including :
- Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
- Completion of statutory forms (including year end returns)
- Auto-enrollment pensions
- Computer generated payslips
- Summaries and analysis of staff costs
- Administration of incentive schemes, bonuses and ex-gratia termination payments
Our payroll service is not an added expense
Even though our payroll service is designed primarily to give you peace of mind in the knowledge that your business complies with legislation, we're also confident that it will save you money rather than cost you money.
This is due to the amount of time involved in trying to run a payroll yourself, and also the risk you run of being non-compliant and incurring a penalty from HMRC.
We're happy to talk you through our payroll service and even a short discussion will allow us to give you an accurate quote.