Advantages of HR payroll outsourcing for your business
What will Positive Payroll Limited do for me?
Positive Payroll Limited will calculate your payroll when it is due, either weekly or monthly. This includes calculating salaries for all employees, hours worked, overtime, pension contributions, income tax and national insurance contributions and any other payments due. We can take the whole budern of payroll away from your business with our full payroll management service or just parts of it with our payroll bureau service.
Will I be provided with all necessary paperwork?
Yes, we will provide you with a payslip and a payslip envelope for each of your employees. We will also provide you with summary information sheets for each payroll run. These sheets form part of your accounting records for the year and can be used by both your accountants and HMRC. We also provide you with completed P45s for each leaver and will automatically send the HMRC section of the P45 to HMRC on your behalf. We provide you with P46s for each new starter who does not have a P45 from their previous employer.
Do you deal with statutory payments like maternity pay and sick pay?
Yes, Positive Payroll Limited will calculate all your statutory payments.This forms part of your payroll each time it is run and unlike many of our competitors there are no additonal charges for these calculations.
What do I need to do at the end of the financial year?
You do not need to do anything, Positive Payroll Limited will file all your year end forms online for you, this includes your P35 and P14s. P60s for each member of staff are also provided. Again unlike many of our competitors this is all included at no extra charge. We can also file your P11Ds and P11D(b)s if required.
Does Positive Payroll Limited handle CIS deductions?
Yes we do handle CIS deductions and can provide you with sub-contractors' monthly statements and file the monthly return on your behalf.
What does it cost to have my payroll outsourced to Positive Payroll Ltd?
Not as much as you think? For a company with up to 10 members of staff we charge from £27.50 plus VAT for each run.
