Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business.
And the task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance. In particular, the Self Assessment regime for personal taxation places strict requirements on employers and our team will ensure that you fulfil your obligations under this regime in relation to the procedures set out below.
Specialist computer software
Payroll work is undertaken using specialist computer software to aid the efficiency of our operations. Our service is typically provided on a weekly or monthly basis, but is totally flexible. We are pleased to work to the cycle that best meets your requirements. As part of our service we will provide:
- 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
- Summaries and analyses of staff costs
- Administration of incentive schemes, bonuses, and ex-gratia and termination payments
- Administration of pension schemes
Even if you have only a few employees, you will make savings by engaging us to administer your payroll.
Many of our larger clients (and some small) prefer to do their own payroll and use VinSam Ltd for advice on trickier PAYE/NI issues. Although, HM Revenue and Customs are making efforts to improve their level of service, our clients prefer the immediate and personalised responses they receive from VinSam Ltd.
Why not contact us today or telephone on 020 8997 2360 to discuss your requirements in more detail and find out what we can do for you. We not only cover the Greenford area, but also the rest of London, especially, West London, making us the ideal Accountant to offer you the best, local advice.