Running a payroll can be time consuming and complicated and divert resources from the core activities of your business. We can help you by installing payroll software and training your team.
Or, if you prefer, we’ll just take care of the payroll completely so that the pressure is removed from your day to day work. We can provide the complete payroll service, whatever the size or complexity of your business, or simply provide support by phone call or email when you need it.
Should I outsource my payroll?
Time is one of the most precious commodities in business. In an ideal world we would spend all of our day on our core business activity doing what we are good at and what makes us money.
However, the reality is that administrative tasks eat into time, gobbling up chunks of the day that could have otherwise been spent on profit-making business activities.
Payroll is one of the tasks that many businesses identify as being an administrative burden, particularly in the age of Real-Time reporting, and the hefty fines that come with getting this wrong.
Not only that, Auto Enrolment is on the horizon and, as employers, you need to be aware of the legal requirements to provide your employees with a workplace pension scheme and the additional administrative work that comes with it.
If you are wondering if outsourcing is the right option for you, here are some common questions asked:
Is it expensive to outsource to a payroll bureau?
Compared to the cost of employing someone to prepare your payroll and ensuring they are adequately trained and up to date with ever-changing legislation - No!
If you are a small business and you take care of your own administration - wouldn’t you be better to spend your time doing what you are good at, and making money?
What can a Payroll Bureau do for me?
A payroll bureau will
- Prepare your payroll accurately and on time.
- Take responsibility for reporting your information to HMRC in Real Time and for ensuring you know exactly what to pay to HMRC and when.
- Help you to avoid penalties and fines.
- Keep you up to date with ever changing legislation.
- Ensure salary confidentiality in the workplace.
- Take away the problems associated with payroll staff on holiday, sick leave or maternity leave.
- Provide a high level of expertise that you or your employees are unlikely to possess.
What if they make a mistake?
A good payroll bureau will rarely make a mistake, but if it happens, they will rectify it at their own cost. Not only that, if this error results in a fine, as part of our guarantee we will bear the cost of the fine too. Compare that to what would happen to if you or your employee made the same error!
Outsourcing isn’t always the right option, but so many businesses find that by outsourcing they save TIME, MONEY and increase ACCURACY (and decrease headaches!) sopayroll outsourcing could be the right option for you. At Walker Dunnett we understand that individual businesses have individual requirements, and our Payroll Bureau can tailor-make a payroll solution to fit your own needs.
For further information and a no obligations quote, click here and complete your requirements.