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Payroll

Payroll Services - computerised payrolls with supporting payslips, and other monthly reports.

We offer payroll services to businesses for whom it is not practical to perform these functions in house.

We provide fully computerised payrolls with supporting payslips, and other monthly reports.

We arrange online submissions know as RTI directly to HMRC and also produce the required year end documentation.

Dealing with employee pay can be an extremely time consuming financial process within any size business. The legal requirements can be broken down into a number of basic areas.

What has to be done can be summarised as follows:

    • You act as collector of income tax (PAYE) and National Insurance Contribution for the government.
    • Pay Statutory Sick Pay (SSP) and Statutory Maternity Pay (SMP) if due.
    • Ensure you give equal pay to employees carrying out equal value work.
    • Pension Auto-Enrolment services
    You need to make some basic decisions concerning how much each employee should be paid, and how often they should be paid (i.e. weekly, fortnightly, every 28 days or every calendar month). Bonuses, commissions, overtime, holiday and sick pay can be negotiated separately, and of course, all of the above should be reviewed at least annually with each employee

Pensions – Auto-enrolment

The Pensions Act 2008 introduced new duties for all UK employers.
If you own a business that employs one worker or more you’ll need to:

  • Set up a workplace pension scheme that meets the new rules
  • Automatically enrol all eligible workers
  • Pay contributions into the retirement pots (pensions) of eligible workers
  • Enrol other workers if they ask to join the scheme
  • Complete the declaration of compliance

 

Our experienced team can take you through the process and advise you accordingly.

Maternity Pay (SMP)

Pregnant employees have several rights, such as not to be unfairly dismissed, maternity leave and the right to return to work. To qualify your employee must be a full time employee and have been employed by you for 26 weeks, continuing into the 15th week (known as the qualifying week) before the baby is due.

Taxation and National Insurance

A significant responsibility for any employer is acting as a tax collector on behalf of the government collecting both Tax and NI contributions from employees’ pay. Any deductions made must be detailed in a written pay statement.

Sick Pay (SSP)

There are many rules governing how much and when it should be paid, and we can advise further on these matters.

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Office 1: 109 Coleman Road, Leicester, LE5 4LE
Office 2: 1A Salisbury Road, Leicester, LE1 7QR
Phone: 0116 246 4152
Fax: 0116 276 8452

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