Payroll done right!
Updated: 7 days ago
With a plethora of payroll solutions it can be difficult finding the right one for you. I’d like to tell you about how we do things differently at First4Freelancers, our motto is: “We aim to mitigate as many costs for you as a business, whilst reducing your workload and providing outstanding service to you and your employees.” and we are proud to fly this flag.
What payroll services do we offer?
All deductions. Create necessary deductions for anything flagged up by HMRC.
PAYE calculations. Standard PAYE calculations, making tax and NI deductions.
RTI for HMRC. Completion of monthly RTI submissions to HMRC.
Payment management. Managing all statutory payments for employees.
Holiday calculations. Calculations of your employee holiday entitlement.
PAYE deductions. Filing and updating all PAYE deductions to HMRC.
Electronic pay slips. Uploading electronic pay slips to a secure online portal.
New employees. Addition of new employees to the payroll.
Existing employees. Production of P45 documents for any leavers.
Workplace pension. Monthly auto-enrolment of Workplace Pension, whilst calculating and deducting all pension contributions.
Unique employee ID. Creating a unique employee ID once registered to the payroll, which will be used when submitting RTI filing to HMRC.
Year end process. Handle all year end processes, including P60 that are processed for all employees — keeping you fully compliant.
What are the benefits for employees?
Increase their take-home pay over direct employment.
Fully compliant with all HMRC and PAYE regulations.
Full entitlement to UK employee statutory rights.
All inland revenue documents i.e. pay slips, P45, P60’s generated and supplied.
Payments made into their personal account, on the pay-date selected by you.
Offset legitimate business related expenses against your gross income to reduce taxable income.
Secure online portal — where you can view and print payslips.
Full pay advice provided, showing all breakdowns from gross to net pay.
Maximum of £18 per week worked. No charges for weeks that you do not work. No hidden fees or charges.