Payroll & pensions are a whole specialist area in their own right. Unfortunately, it's often lumped in with a general role of a member of the finance team.
However, with all the different aspects of compliance, pension rules and regulations, we really believe that it's something best left to the experts. After all, if you make a hash of paying your staff, or remaining compliant with HMRC, they'll both soon let you know!
We've opted to partner with the fantastic team at Payroll Sorted. We've gone through a few bureaus in our hunt for 'the one', and these guys are superb! Their own business is also ever-expanding, meaning they completely understand the demands our growing clients are going through.
The benefits of this partnership are threefold:
- We have full access to all the payroll info we need on our clients' staff, which makes life so much easier for everyone when preparing management reports and financial information. Effectively this is all still under one-roof, so it cuts out the chasing of third parties!
- We're on hand to advise on tax planning on behalf of our clients, feeding this directly into the Payroll Team to be actioned. Working with them directly ensures the tax plans get enacted correctly, and saves our clients from becoming the middle-man!
- There's complete peace of mind knowing it's all sorted, and the rest of our team is able to remain completely focussed on the other aspects of our work with clients.
When we all stick to being experts in our respective fields, everyone wins!