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Payroll Bureau

Fennell & Co Accountants offer a robust payroll service to all types of business large or small and regardless of your geographical location. We provide a high value service which will save you time and money.

We can process your payroll on a weekly or monthly basis for any number of employees and provide you with the relevant reports to make it easy for you to pay your staff electronically, by cheque or by cash.

The Benefits

  • We provide a fixed fee service, so you always know what your costs are, this helps you with cash flow management;
  •  We use the latest software that is updated whenever there is a legislation change;
  • We offer a flexible service, we can process your payroll weekly or monthly which means that you don’t need to change your pay day, we will fit in with you;
  • We deal with family tax credits, statutory sick pay, maternity pay, student loans payments etc;
  • We process your year end and ensure that you have all the required paperwork;
  • You can offer your staff the ability to make donations from their salary;
  • We provide support for childcare vouchers, allowing you to offer a tax free benefit to your employees.
You can telephone or email your employee’s hours, holidays or amendments for each pay period, we will then calculate:
  • Net Pay
  • PAYE & NI contributions
  • SSP, SPP, SMP,SAP, AOE and CSA payments
  • Pensions
  • Class 1a National Insurance
  • WTC and DPTC
  • Student Loans.
Once these are calculated we will provide you with:
  • Payslips (various options available)
  • Analysis reports that meet your requirements
  • P45s for leavers
  • Completion of HMRC forms
We then give you the option to:
  • Pay your employees by cash, providing you with a cash report for you to draw the correct amount of money from your bank
  • Pay your employees by cheques, providing you with a report detailing the required cheques
  • Pay your employees electronically, providing you with a BACs report
  • Pay your PAYE directly to HMRC electronically or by cheque.

 

Offer Your Staff a Real Tax Free Benefit -

Childcare Vouchers

All employers can set-up a Child care voucher Scheme. This enables you to make tax free deductions from your staff and replace this deduction with Childcare Vouchers. Your staff can benefit from up to £55 per week (£243 per month).

This means:

  • YOU WILL SAVE TAX
  • YOUR EMPLOYEE WILL SAVE TAX

Your national insurance contribution is reduced by offering this benefit to your staff and your staff will benefit from reduced tax and national insurance. Offering your employees up to date benefits you will assist in the recruitment and retention for staff.

If you would be interested in setting up a scheme and would like more information, please contact us

We are highly skilled in providing payroll services to businesses large and small for more information and a straight forward quote contact us on 0116 2880 463.

 

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