Payroll

Is it important to you to ensure your employees are paid correctly and on time? Do you want to limit the risk of reputational damage with employees and financial penalties from HMRC? 

Then our specialist client payroll team can remove the burden. 

Payroll is a key business enabler; it is the core department that links all employees together. We can offer you a bespoke outsourced payroll service managed by our experienced team to ensure you remain compliant with the latest legislation and provide peace of mind to know employees will be paid accurately and on time every month.

Whether you have just a few or more than a thousand employees, our renowned payroll service team can deal with all your needs and save you both time and money.

Our levels of end-to-end payroll management and support are tailored to your business needs. Our specialist payroll team can help to:

• Support and assist with your current in-house arrangements.
• Offer consultation on improvements to your internal processes to achieve efficiencies and cost savings.
• Manage first-time payroll implementations.
• Manage the end to end payroll life cycle including auto-enrolment and RTI administration.
• Arrange BACS payments to your employees, HMRC and pension providers.
• Arrange for payslips to be provided to your employees electronically.
• Provide bespoke reports to give transparency on labour costs, benefits and identity trends.
• Assist you in utilising your employee’s payroll data to support key business decisions around your assets (i.e. employees) and value (i.e. costs and return on investment) which will support business growth.
• Xero payroll implementation support and management.
• Provide up to date payroll legislation and consult you on how it will impact your business.
• Provide a bespoke payroll service department on your business model or needs.

With the increase in globally mobile employees, remote working, and business travellers, companies are facing increased risk around managing multiple compliance obligations. As the rules are constantly changing and penalties can be significant, it is often advisable to seek support and advice from specialists in this area.

Our team can help clients in understanding the legislation and how it impacts them and their employees. This includes tax, social security applications to avoid dual liabilities, posted worker registrations, permanent establishment risk, awareness of immigration requirements. We can also advise on potential cost-saving opportunities and proven successful ideas for tracking business travellers which are widely considered as one of the biggest challenges for most businesses.

Kreston Reeves have been our accountants and auditors from the outset, and have just completed the first full audit of the company’s accounts and those of its parent companies. This... More work has been led by Alison Jones, with the assistance of other members of the team especially Katy Long. Kreston Reeves have also been responsible for the preparation of the group’s VAT returns and tax computations, and have provided payroll services and general accounting and financial systems advice. Until we were in a position to take it inhouse they also prepared the company’s management accounts. Throughout the relationship the work has been carried on with professional efficiency. Practical assistance and advice has always been available when needed. I have especially been impressed by the care taken in planning our first audit so that it has been completed on time despite intervening difficulties. When problems have arisen pragmatic solutions have been found. Their advice in relation to audit issues and the responsibilities of directors has been clear and always helpful. The result is that a process which I approached with some trepidation has proved not to be nearly as stressful as I feared. I would recommend Alison and her team without reservation. Dick Russell, Director, I-360 Limited

The team at Kreston Reeves, led by Clive Relf and Jake Standing, have supported us throughout the journey of setting up and starting our new company. Their assistance has been... More invaluable – not only in establishing our financial systems, budgets and KPIs, and running payroll but also their general strategic advice and support. Without doubt Kreston Reeves have helped us thrive during the critical first few months of the business. Phil Kennedy, Managing Director, Eschmann Technologies Ltd

Kreston Reeves has been a true partner to Virtuo. Being able to quickly understand our business has meant that Michael and his team have been able to contribute to our... More business from day one. They helped us to set up in the UK with invaluable support and business advice on VAT, payroll and company pensions that ensured we met all the UK regulations. They are now our virtual finance team in the UK and provide us with ongoing support and advice as we grow our business. Michael Altom, General Manager for UK & Ireland, Virtuo

Want to learn more about how we can help?

To find out more about our Payroll services, and see how we can free up your valuable time, contact us.