PAYROLL SERVICES
Establishing a payroll department or simply administering a payroll in-house is a costly and increasingly onerous task. With the increased software costs typically over £1000 per year and ever changing legislation, business owners have realised that it makes good commercial sense to outsource areas of their business such as payroll.
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We are flexible to your needs and can post payslip's directly to the home addresses of your staff and include memos or newsletters. If you prefer, we can provide electronic pay slips and reports for your use. Should your business grow we will be able to adapt to your changing needs.
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We work with a broad range of business types throughout the industry sector, from sole traders, Partnerships (LLP) to established recognised Limited Companies . This is to our advantage and helps us understand the individual needs of our customers.
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Comparing prices is important, but the cheapest option is not always the best or the most cost effective. Many fast turn around payroll companies have hidden or extra costs.
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We only use recognised industry software which is accredited by HMRC. Our reports can be tailored to your needs and we are available everyday of the working week not just at your payroll time.
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HR SOLUTIONS
It's not only a necessity, but essential by law that your company has clearly defined HR Policy and Procedures.
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The policies you implement in your business will depend on its size and nature. A business whose staff operate machinery, may have specific policy on drugs and alcohol use.
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If your staff use computers significantly, you should have an Email and Internet Policy.
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There are many benefits to having suitable employment policies in place. Setting standards is the key to healthy workplace relations. It can also reduce the need for disciplinary and legal action and may increase productivity and morale, as well as help employee retention.
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Clear policymaking can also be positive for your business' reputation externally, e.g. among clients and the local community. It can also help in attracting new staff.
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We work closely with our existing client base to make sure they are protected from the complexity and increasing burden of employment law
WORKPLACE PENSIONS
The law on workplace pensions has changed. Every employer with at least one member of staff now has new duties, including enrolling those who are eligible into a workplace pension scheme and contributing towards it. This is called automatic enrolment.
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It is called automatic enrolment because it is automatic for your staff – they don't have to do anything to be enrolled into your pension scheme, but it is not automatic for you. You need to take steps to make sure your eligible staff are enrolled into a pension scheme. Even if you already pay contributions into a pension scheme for your staff, you still need to check if it is suitable for automatic enrolment.
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Ideally, you should allow up to 12 months to prepare. Remember, automatic enrolment is your legal duty and if you don't act you could be fined.
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BUSINESS
PROTECTION
For most business owners the value in their business is very important, whether they are planning for financial security or to exit.
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For most businesses there is only a need to occupy the land or buildings they trade from with no real need for ownership. Assets such as property, intellectual property should therefore be held separately free from trading risks.
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There are proven and reliable risk management solutions to protect those assets from trading risks.
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In our clients experience it is very rare that their accountants come to them with creative ideas on their own as most accountants are client led.
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We can provide you with innovative proven strategies to protect those assets from trading risks or the exit your business on retirement.
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If your expertise lies with your core business, you cannot be expected to know what to ask.