At first glance, managing your company’s payroll may seem to be a walk in the park. Calculate their hours, add on any expenses and away you go… right? The reality couldn’t be more different with even the slightest hiccup relating to payroll leading to some very disgruntled employees and, in more severe cases, unwanted attention from HMRC.
As an employer, having a payroll system that runs smoothly, accurately and on schedule is essential. But with often complex calculations, ever-changing legislation and changes to employee allowances and deductions, keeping everybody happy can be more difficult than you’d think.
No matter the size or nature of a business, the management of payroll can be extremely time consuming, taking you or your team away from more profitable activities. Outsourcing this function to a specialist payroll business, therefore, is a logical step forward, relieving pressure whilst freeing you up to expand and improve your business.
Why choose Phil Owen & Co.?
Delivering the accurate, flexible and efficient payroll service your business demands, we produce payslips on time for payday and operate a fully integrated BACS payment system on your behalf. Convenient and cost-effective, we’ll even register your employees with HMRC, completing annual returns and updating HMRC to comply with real-time reporting requirements. We’ll also keep you up to date with changes in relevant legislation as they happen.
For those with slightly different requirements, we can also provide support with CIS payroll, the reporting of benefits-in-kind, claims for tax relief and dispensation applications.
Want to learn more? Why not arrange a free consultation with our payroll team? We’ll visit your offices, or you can come to our Liverpool HQ. Get in touch with our friendly team today.