Payroll Processing

Most professional accountants provide a payroll processing service as do numerous bureau operators. Unfortunately some will offer this as an add-on or "loss leader" and aspects of employment and payroll compliance take a back seat often at considerable cost to the employer. It is essential that there is good communication between the payroll processor and the professionals dealing with the business accounts and tax.

The service that we offer covers all aspects of payroll, including those aspects that do not crop up regularly. Often simply by keeping in regular contact with you and carrying out a full review of your business we will be in a position to comment or advise on situations that arise where perhaps you are not aware of your obligations as an employer. In most businesses payroll tends to be a significant cost and non-compliance can be very costly.

The payroll process needs to be considered carefully as part of the overall recording and reporting systems and there needs to be clear distinctions and proper understanding on responsibilities for dealing with employee issues e.g. contracts, holidays, sick pay, time off and rates of pay etc.

Basic processing need not be time consuming or costly and exchange of information electronically tends to work very satisfactorily.

On-line filing for payroll has been encouraged by HMRC for many years now and soon will be the only accepted method of filing with them. We can help with this aspect even if you prefer to maintain manual records yourself.

By integrating the payroll processing service with professional advice, added value services are available such as dealing with benefits in kind issues and monitoring director/shareholder accounts where salaries, other entitlements and cash flows need to be considered alongside each other.

Tax Assistance for your Employees

Happy and contented employees are productive employees.

Not everyone understands the tax deduction system and that they need to contact HMRC when their circumstances change. Not so easy now that local tax offices are closing!

Our payroll package can be tailored to relieve the pressure on office staff and business owners/managers to include tax assistance for their permanent  employees at discounted rates either as a block package or by dealing directly with individuals.

On those rare occasions when conflicts of interest arise in regard to payroll deductions we shall direct the individual to appropriate advice agencies.

Telephone 01284 720077

Mobile 07847 004490

email enquiries@barrynudds.co.uk

New Penalties from May 2010

Applied to late payments after one free go. 1% rising to 4% with additional 5% on amounts outstanding ater 6 months and again at 12 months.

Services are provided across the region and in particular in and around: Brandon, Bury St Edmunds, Mildenhall, Newmarket, Stowmarket, Sudbury, Thetford, Cambridge, Ipswich and Norwich

For the new tax year - tell us how many employees you have, how often they are paid and if their pay varies and see how much you could save!