So, you want to learn about payroll. Well coming to Nottingham’s Top Certified Chartered Accountants & Business Advisers website is probably a good first step.
At Seagrave French payroll is probably one of the areas of our business that we are most enthusiastic about. managing payroll can be complicated, but with Seagrave French at your side, you’ll never need to worry about it. Contact us today to discuss our full range of payroll services.
So it is safe to say that we are pretty experienced with this process so we get asked a lot of questions about what we do. In this blog, we will cover some of the most frequently asked questions we get asked at Seagrave French.
What is Payroll?
Payroll is defined as the process of paying salary to a company’s employees.
What is Payroll Outsourcing?
Payroll outsourcing is when a business delegates a portion or all of its payroll operations to a third party. In addition to running payroll, full-service providers typically help with tax reporting, regulatory compliance, data security and unemployment claims.
What are the Benefits of Outsourcing Payroll?
- Save time & money
- Avoid penalties and mistakes
- Latest software
- Reliability
- Flexibility
- PAYE Compliance
What is a PAYE Health Check?
A PAYE health check is where an employer asks a third party to undertake a review of an employer’s payroll and benefit procedures to ensure that they are delivering the right results in terms of compliance with HMRC’s rules.
What are the Benefits of a PAYE Health Check?
- Peace of Mind
- Decrease Penalties
- Reduce Disruption Cost
- Protect Against Employee Fraud
- Employer Compliance Reviews
- Keep Up To Date With Legislative Changes
We hope that any misconceptions about payroll have been cleared up and that you have had your questions answered. Perhaps you are interested in investing in payroll or one of our other services?
Whatever your reason for reading this blog we are happy that you did and if you are interested in reading more please consider visiting our knowledge bank here.
