Fare Pay & Books (AAT Licensed Member in Practice).
A few good reasons to outsource your payroll are: -
1. Saving time.
Calculating payroll requires a lot of attention to detail. You only need to send one email over to me each pay period and I will do the rest.
2. Saving money.
It frees up your time for your work.
3. Enhanced security.
Payroll processing is a complex operation.
However much you trust your employees, there is always a risk of identity theft, embezzlement of funds, or tampering with company records for personal gain.
Another question when using in-house payroll software is how safe and secure is payroll data on the company's server or network?
A quality payroll provider invests in state-of-the-art systems for storing and protecting data, simply because it's part of the service provided to clients.
4. Compliance with government regulations.
Everyone makes mistakes and not everyone who owns and runs a small business is an expert in government payroll regulations. Mistakes can lead to investigations and penalties which I'm sure everyone can do without.
Government rules and regulations are always changing and small business owners can't be expected to stay on top of these changes.
Professional payroll providers, on the other hand, must stay current with rules, regulations and changes in tax rates.
5. The expertise of professionals.
Fare Pay & Books know payroll processing inside and out, specialising in the complexities of payroll taxes, as well as compliance with government regulations. It is part of the guaranteed service provided.
In conclusion, therefore, isn't savings in time and money, greater data security and the comfort of knowing experts are handling your payroll functions beneficial reasons to outsource your payroll?
Please contact me for a no obligation quotation.
Once I've received and set up all your employee details, tax code, pay rates etc. you just need to send me the number of hours worked for each pay period. If your employees are salaried I just need to know any amendments or changes. Then I can process your payroll, email or post all the information to you and you can make the payments to your employees.
Tel: 07813 175729
Email: farepayandbooks@hotmail.co.uk