Payroll Services in London

Payroll and pensions in London

If you employ a workforce, you’ll need to register with HMRC and operate a PAYE system on behalf of your employees. All employers must also provide a workplace pension scheme for their staff, called automatic enrolment.  

Organising and managing payroll and pensions can be a time-consuming and confusing task for any business, big or small. But that’s where our payroll and pensions services can help with the smooth running of your business. We offer a full suite of payroll services in London because it’s our business to help yours.   

Using cloud-base software, we can help administer customised payslips and deal with all the administration and paperwork that comes with pension schemes. From setting up new joiners and sending payslips to calculating maternity pay and managing pension contributions.  

With more than 13 years’ experience in the industry, our accountants are ACCA-qualified and AAT-licensed. So you’ll have peace of mind that our pensions and payroll services are 100% compliant and your employees will receive accurate and timely payment in accordance with the UK’s payroll legislation. 

Suite of accountancy services 

Along with being experts in payroll and pensions, we can also deal with tax returns, management accounts & financial planning and we have an outsourced bookkeeping service to help you keep accurate and up-to-date financial records.  

We know the world of tax can be complicated. But with our business accounting services, it doesn’t have to be.  

Our small company tax accountants have worked with more than 20 different niches, ranging from IT services and psychologists to consultancies. So no matter whether you’re a business start-up, director or SME, we can tailor our taxation and accounting services to you and your company. 

FAQs  

Does a director of a Ltd company have to have a statutory minimum wage? 

Minimum wage rates do not apply to a director who is an office holder of a company. However, if a director has a contract of employment that makes them a worker, then minimum wage limits apply.

Can I run my company’s payroll?

Yes, you can set up and run payroll yourself. You will need to have a basic knowledge of payroll, register as an Employer with HMRC and a pension provider, choose and set up payroll software, and submit it monthly. 

Could you recommend any payroll software? 

Recommendations would depend on the employer’s needs, whether it is a simple submission for a minimal number of employees, the need to report statutory benefits, the software already used in a business, budget, and interface preferences. Payroll software must be recognised by HMRC. The HMRC website has a list of free and paid-for software.  

What is the cost of payroll services in the UK?

Our payroll fees start from £15 a month. 

What factors influence the cost of payroll services?

The cost of payroll services is influenced by the number of employees on payroll and pension and the additional services you offer to your employees, such as BIK, SAs, etc.