Payroll Services

1.Salary and Wage Calculations

• Determining gross pay based on hours worked, salary agreements, or commissions.
• Applying deductions such as income tax, social security, insurance, pension, or union dues.

2.Payslip Generation

• Issuing detailed payslips (paper or digital) to employees that show earnings, deductions, and net pay.

3.Tax Compliance

• Calculating and remitting payroll taxes (e.g., PAYE, NI) to government authorities.
• Preparing and filing tax returns, including end-of-year forms (e.g., P60).

4.Direct Deposit and Payment Processing

• Transferring net wages directly to employee bank accounts on scheduled pay dates.
• Handling multiple payment types (hourly, salaried, bonuses, overtime, etc.).

5.Benefits and Deductions Management

• Integrating pension contributions, health benefits, and voluntary deductions into payroll.

6.Leave and Time-Off Integration

• Accounting for holidays, sick leave, and unpaid leave when calculating pay.

7.Record-Keeping and Reporting

• Maintaining up-to-date payroll records for compliance and auditing.
• Providing summaries and analytics for HR and finance teams.

Benefits of Payroll Services

Saves time and reduces admin workload
Improves accuracy and avoids costly errors
Ensures tax and legal compliance
Supports employee satisfaction with timely, transparent payments
Supports employee satisfaction with timely, transparent payments