Payroll outsourcing is becoming an increasingly popular solution to fulfilling the payroll function. With changing and more complex rules and regulations, the requirements placed on a payroll department are becoming increasingly burdensome.
Payroll processing has many complications
, e.g. SMP, SSP, Pensions, Student Loans etc, and for many organisations requires a high degree of confidentiality. Payroll outsourcing ensures all these criteria are satisfied in an efficient and cost effective manner, without the need to tie up valuable resources in a payroll department, no longer needing to employ specialised staff, or spend management time on the payroll function. Additionally the need to complete and reconcile statutory year-end returns (P35s and P60s) can place a disproportional strain on business resources.
Outsourcing the payroll function will alleviate this workload.
, MAS Associates payroll outsourcing service allows you to concentrate on your business activities in the knowledge that payrolls will be processed efficiently and on time, all legislation will be complied with and confidentiality maintained. For accountancy firms we maintain strict client confidentiality, respecting your client relationship – no direct contact is made with your client unless specifically requested by yourselves.
You may fax, post or e-mail payroll information, which will be efficiently
, processed and payslips and reports returned again either by fax, post or e-mail. MAS Associates payroll outsourcing service includes: Weekly, fortnightly, four-weekly, monthly and annual payroll frequencies. ‘Gross to net’ or ‘net to gross’ calculations.
All payroll additions and deductions, e.g. Income Tax, National Insurance, SSP, SMP, Holiday Pay, Overtime, Bonuses, Commissions, Working Family Tax Credits, CSA Payments, Student Loans, Pensions etc. Provision of payslips and envelopes. Provision of detailed and summary payroll reports, PAYE and NI liability reports. All leavers P45s, P43s. Year-end reports – P35s, P14s, P60s.
Dealing with Inland Revenue and DSS queries. Liaison with auditors if required. Additional payroll services include: Paying employees by BACS. Issuing payroll cheques. Year-end P11Ds. Detailed Inland Revenue and DSS investigations. Contact MAS Associates now to discuss your specific payroll outsourcing requirements.