Payroll
What is Payroll?
If you employ a workforce in your business you will likely have payroll duties to manage. These typically include processing staff wages, calculating and reporting deductions to HMRC, managing pension contributions in line with auto-enrolment requirements and providing payslips to your employees.
In addition to the ongoing monthly duties, there are also important year end obligations to fulfil. These include preparing summary reports for your employees and submitting detailed final reports to HMRC for the tax year.
Why is Payroll Important?
Processing staff wages accurately and on time is essential for keeping your workforce happy, motivated and confident in your business.
Accurate payroll is also critical for meeting your legal obligations as an employer and for maintaining compliance with HMRC regulations, helping you avoid costly penalties and safeguarding your business reputation.
How Can Tunstall Accounting Help?
We can provide payroll services for any size of employer. The service includes payroll processing, management of deductions, provision of monthly reports and payslips, submissions to HMRC and pension providers and year end reporting functions.
If you wish to maintain your own payroll function we can support you in selecting software, setting up the payroll and providing training to get you going.
Why Choose Tunstall Accounting?
Payroll processing can be a time consuming and costly process for employers. We stay up to date with changes in regulations and use the latest software to handle your payroll efficiently so that you don't have to.
We will proactively remind you when your payroll is due and ensure that you have all of the necessary information to pay your employees, HMRC and your pension provider on time.