We can often manage your payroll at a lower cost per employee than your own in-house payroll department. When you use our payroll services, we act as your payroll department and scale to fit with your particular business needs. Our payroll services and payroll management suits small businesses who do not have an in-house facility through to large companies who prefer to outsource the complete payroll function rather than employ specialist staff. By outsourcing your payroll you have no need for costly specialist staff. Instead you have cost effective access to our experts and knowledge base only when you need it.
You send us your payroll and employee data and we’ll send you payslips and reports.
For outsourced and headache free payroll management, use our flexible payroll services and payroll options that can be tailored to suit your business needs. Enjoy the benefits of having your own payroll department without the accompanying management responsibility.
Our payroll services include:
- Processing your payroll data
- RTI submissions to HMRC
- Auto enrolment reporting and guidance
- Printed or electronic payslips
- Printed or electronic reports
- BACS payment management
- HMRC BACS payments
- Provision of tailored reports
- File transfer and data export
What is the difference between a P45 and a P46?
You get a P45 when you leave employment and you complete a P46 when you start employment should you not have a P45 from a recent previous employer.
Your P45 will show various pieces of information including your PAYE reference code and how much you earned and paid in tax during the tax year. Your P45 will be in 3 parts. When you find another job you should give parts 2 and 3 to your new employer. This will allow them to see how much tax you have paid and put you on the correct tax code. Often people lose their P45 or forget to give it to their employer. When this happens the employer is forced to put you on an emergency tax code which often means that you end up overpaying tax until you claim a tax refund at the end of the tax year.
Why Clients Choose Medic Payroll
Medic Payroll offers a low cost, fixed fee accountancy package with all clients receiving their own dedicated, friendly, approachable accountant.
All of our accountants specialise in providing accountancy services to the self-employed, freelancers, sole traders, small to medium sized limited companies and private individuals. All accountants are employees of Easy Accountancy and we never outsource or offshore work.
Our low cost, all-inclusive fixed-fee accountancy service includes unlimited access to your own dedicated accountant throughout the year and covers all your business and personal tax affairs needs.
What information do I need to process an employees pay?
The only information you need to set up a new employee on the payroll would be:
- Full name
- NI number
- Date of birth
- Start date
- Payroll frequency
- Tax code
- Job title
- Annual salary or Hourly rate of pay