Wokingham Accountants

Services - Payroll

Payroll

MONTHLY PAYROLL SERVICE

Our aim is to make you and your employees lives easier. We have therefore invested in an payroll portal that allows you and your employees to access information online. You and your employees will be able to access payslips, P60s, P45s and P11Ds with your own secure password protected portal.

Every month we will request your payroll information. You will need to let us know about any new starters/leavers and how much you wish to pay your employees.

We’ll download any tax code updates for your employees directly from HMRC and calculate any relevant deductions (i.e. income tax, national insurance, student loan, pension), provide P45s to any leavers and upload payslips to your employees’ portal.

We’ll check to make sure you are compliant with your pension responsibilities on a monthly basis, send any letters you are legally required to send to your employees and submit your monthly pension submission to your pension provider.

We’ll then post journals into your bookkeeping software so that your figures are as up to date as they can be.

Any deductions will usually be taken via direct debit and so all you need to do then is pay your employees their take home pay.

At the end of the tax year, we’ll submit your end of year submission to HMRC and issue your employees with P60s.


Summary of SERVICE

  • Provision of payslips

  • Provision of P60s at the year end

  • Provision of P45s for leavers

  • RTI submission

  • Tax code checks

  • Monthly email

  • Calculation of pension deductions

  • Submission to pension provider

  • Pension eligibility check

  • Provision of pension letters to employees

  • Journals into online bookkeeping software



Let’s Chat

Use the form below to tell us about your accountancy requirements and we’ll get in touch to schedule an appointment, free of charge. Please be as detailed as possible. Our general response time is one business day. You can also email or call us.

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