Payroll Services in Essex
Every business must ensure that their payroll function is compliant with legislation. ARB Accountants offer payroll services in Essex and throughout the whole of the UK.
Working on behalf of small companies and larger organisations alike, our payroll services help you to keep on top of ever changing payroll legislation and administrative demands. Outsource small parts of your payroll function or the entire payroll process to ARB Accountants for an efficient and cost-effective service. Free up your time and release yourself from the demands of administration.
Our Payroll Services include:
At ARB Accountants, we give you back the time you need to focus on your business. We offer a number of Payroll Services in Essex, including:
PAYE & NI Calculations
Accurately calculating PAYE and National Insurance in line with individual salaries and tax codes. This service reduces the risk of your employees overpaying or underpaying tax, with no surprises at the end of the tax year.
Payroll Submissions
We’ll ensure that your payroll is submitted to HMRC in real time for each pay period during the year, so that you don’t need to worry about deadlines and penalties.
Payslips
We’ll prepare your employees’ payslips and send them out directly to their homes or email addresses, reducing your administrative duties.
Payment Processing
We can set up and administer automatic BACS payment processing for each of your employees, including the set up of new employees.
Pension Enrolment
We’ll handle the administrative duties surrounding pension auto enrolment, including setting up new employees on your pension scheme.
New Starter Set-up
We’ll handle the payroll set up of any new employees, including PAYE, NI, BACS, and pension set-up.
P60s
As part of our Payroll Services, we will produce and distribute your year end P60s to your employees, ensuring accuracy with the year end reports.
NI & PAYE Advice
We can advise you on what you and your employees should be paying for NI and PAYE, so that nobody is paying too much or too little, avoiding any surprises down the road.
Why Choose Arb Accountants?
Our friendly and approachable team of chartered accountants in Southend are ready to optimise your payroll function in accordance with industry regulations and legislative changes. Our relationship with you is always our top priority, alongside the meticulous care and attention that we put into your account.
- Peace of mind that your payroll is correctly recorded and reported to HMRC in real time
- Confidential payslip delivery to employees
- We’ll ensure that you are payroll compliant and up to date with the latest legislation
- We’ll set up automated BACS payments to avoid manual payments to each employee
Frequently Asked Questions
Discover more about our Payroll Services in Essex.
What are Payroll Services?
Payroll Services are the services provided by an outsourced payroll agent on your company’s behalf. This involves a company’s recording of its employee’s compensation including gross wages, salaries, bonuses and commissions that have been earned by its employees and reporting it to HMRC in real time.
Using an external payroll agent such as ARB Accountants gives you the peace of mind that your payroll function is compliant with ever-changing government legislation, is accurate, and is delivered on time with zero hassle to you or your employees.
What’s included in Payroll Services?
ARB Accountants provide a variety of Payroll Services that saves you time and hassle. You have to option to outsource small parts of your payroll function to us, or choose to outsource the entire payroll function.
Our services include:
- Accurately calculating PAYE and National Insurance
- Submitting your payroll to HMRC in real time
- Sending payslips directly to the employees
- Automatic BACS payment processing
- Pension Auto enrolment
- New Employee Set Up
- Producing year end P60s
- Advice on tax and NIC payable
What information do I need from employees to pay them?
To pay your employees, you will need:
- Full name
- Date of birth
- Home address
- National Insurance number
- Identification
- A copy of their P45/P46/P38(S)
If your employee is a foreign national, you should check that they have the right to work in the UK by checking their Visa or contacting the Department of Work and Pensions.
How long does it take to set up Payroll Services?
This will depend on a number of factors, including the size of your business and the frequency of your payroll. Generally, we would require 2 working days to set up your payroll, check through the information supplied, and ensure that everything is ready to go. Book a free consultation with ARB Accountants to learn more about Payroll Services for your business.
How much does Payroll Services cost?
Book a free consultation with us to learn more about Payroll Services for your business.
What is Real-Time Information?
Real-Time Information (RTI) is the system employed by HMRC for the reporting of payroll information, which requires employers and pension providers to provide detailed information to HMRC every time employees are paid.
Under RTI, the employer is required to submit information; including details of earnings, tax and NIC deducted whenever a payment is made to an employee. The requirement is to report ‘on or before’ a payment is made.
If no payments have been made in a month it is necessary to submit a nil return, otherwise HMRC may raise estimated liabilities.
Employers can not report any later than the end of the tax month (5th).
What are forms P11D, P45 and P60?
The P11D form is used to report benefits in kind. These are items or services which you or your employees received from the company in addition to your salary, such as company car, gym membership, private healthcare and interest free loans.
A P45 form is given to an employee when they stop working for their employer. You will need to provide your P45 to your new employer.
A P60 form is given to all employees by an employer. This shows your total salary for the year and the tax that you have paid in the tax year. You will get a separate P60 for each of your jobs. Your employer is required to provide a P60 to their employees by 31st May.
If you’re looking for an Accountant Essex based, get in touch today and you’ll have confidence knowing we’re dedicated to providing exceptional service that goes beyond mere number-crunching
We’re passionate about giving insightful guidance to help you make informed decisions that benefit you in the present and secure your future. If you’re in need of a trustworthy and experienced Accountant Southend way, our team is ready to assist you. Contact us today to schedule a free consultation and take the first step towards achieving your financial goals.
Our clients love us…
Our dedicated service has earned us a 5-star rating on Google reviews from 30+ clients.
Saurabh has been looking after my company accounts for nearly 2 years. He is very reactive to any queries I have and both thorough and efficient in all the necessary company filings. Highly recommended!
Helena Walsh
I have been working with ARB for the last 3 years and they are the best accounting service I have ever had so far. They are looking after my company tax return, bookkeeping and payroll as well as my personal taxes.
Pauline de Jessey
This was my first time using ARB Accountants. I found them on Yell and reached out. Received the response immediately, had a free consultation and a reasonable quote.
Magdalena Carvall
I have been working with ARB Accountants for nearly 4 years. Saurabh and his team have always been extremely accommodating, helpful and responsive. I highly recommend ARB Accountants for all your accounting needs.
Daniel Hewitt