Business owners who attempt to complete all the work associated with managing a company’s payroll on their own often find that it is a time consuming activity. This time and energy would be better focussed on other areas of the business, such as new client acquisition.
Managing payroll has, in recent months, had a further layer of complexity and stress added to it, what with many companies being forced to furlough their staff due to the ongoing Coronavirus crisis.
Add into the mix taxation, employment legislation and the penalties for non-compliance and the process can suddenly become a potential liability. This is why small business owners should consider outsourcing their payroll to a company such as MCC Accountants. .
The MCC team is trained and experienced in all aspects of the payroll function. Our experts can help you with a totally confidential, secure and GDPR compliant payroll service that includes:
- Customised payslips.
- Administration of PAYE, national insurance, statutory sick pay and statutory maternity pay, etc.
- Completion of all statutory forms, including year-end returns, that can be issued to your employees or submission to the Inland Revenue.
- All summaries and analyses of staffing costs.
- Administration of incentive schemes, bonuses, ex-gratia and termination payments.
- Administration of pension schemes.
If you have a payroll issue arise, be that a query from an employee or ex-employee or dealing with pension administrators and HMRC, we will happily work with you to resolve it. Payroll legislation is complex, particularly around issues such as the minimum wage. You only have to scan the business press to see how many large well known businesses end up being reprimanded for underpaying their staff.
Don’t get bogged down in the details of payroll; if you’re looking for an outsourced payroll service in Salford, let MCC Accountants work with you to keep things running smoothly and free your time up for other areas of your business.
Call us on 0161 707 1500 or use our contact page to get in touch.