Administrating your payroll can be time consuming and costly. It also diverts energy and resources from the core activities of your business. The task is made all the more difficult by the growing complexity of taxation, employment legislation and the accompanying regime of penalties for non-compliance.
Platinum One Payroll provides a complete payroll solution to take away as much of this burden by providing a comprehensive and confidential payroll service. Even if you have a small team of employees, you will make savings by engaging Platinum One Payroll to administer your payroll requirements.
For many businesses, payroll management and staying up to date with ever-changing payroll regulations takes up valuable in-house time and resources/capital that could be better diverted elsewhere. By using the payroll service at Platinum One Accountants, you can be sure that your payroll will be prepared quickly, efficiently and accurately.
We will keep you compliant with HM Revenue & Customs requirements and deadlines; particularly in relation to the Real Time Information (RTI) requirements. We can take the responsibility away from you by acting as your agent with HMRC.
We will produce your payroll at the desired frequency, calculating tax and national insurance deductions from your staff, as well dealing with issues including bonuses, holiday pay, pension deductions, statutory sick pay, statutory maternity/paternity pay and student loan deductions.