How to deal with payroll

How to deal with payroll

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Hello,

I am reviewing how I charge for payroll services as currently I charge a monthly set amount dependent on number of employee. When I started this approach I only had a handful of director payrolls so this worked. However, as I have expanded so have the types of payrolls (mix of set monthly amounts and hourly rates). I am also getting SSP, SMP, attachments, staff loans etc. to administer.

My question is, is it reasonable to charge a set minimum monthly amount and then an amount per payslip for the standard payroll plus an amount for additional adjustments as above (SMP, loans) or pitch the monthly/payslip amount to be inclusive of these adjustments.

Alternatively I could outsource to a payroll bureau (I only offer payroll in order to provide the complete package) but then would I contract with the bureau on my clients behalf or would I tell the client to source themselves. Would a bureau work if I am also providing a CIS service as any CIS suffered needs to go on the RTI return for the limited companies.

If bureau is the way to go can anyone recommend a good one who takes on an accounting practices payroll clients.

Sorry for so many questions – just finding payroll a pain for little return and wondering best way forwards as I grow.

Many thanks for suggestions.

H

Replies (4)

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Euan's picture
By Euan MacLennan
13th Mar 2014 18:17

Why not charge what a payroll bureau would charge?

Have a look at the prices quoted by Payroll Bureau (seems expensive to me) and CPS.

"Would a bureau work if I am also providing a CIS service as any CIS suffered needs to go on the RTI return for the limited companies."

If you are preparing CIS300 returns for a contractor making payments to his sub-contractors, this is separate from PAYE and is not reported under RTI.  If you are just recording CIS tax suffered by a company sub-contractor on its sales, you might be able to file the EPS report yourself under RTI if there are no recoveries of SMP, because the EPS does not contain any payroll figures or you could just tell the the bureau the amount for them to do it.

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By HASXX
14th Mar 2014 12:20

Thank you - the Payroll Bureau does look expensive!

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By alipearson
14th Mar 2014 13:51

Payroll

@ HASXX

We are a payroll bureau and we have accounting practices who outsource their payroll to us.  Please PM me if you would like further information.

Thanks.

 

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By AccountancyMarket
14th Mar 2014 13:56

Another discussion thread

There's a good discussion on outsourcing payroll here:

https://www.accountingweb.co.uk/anyanswers/question/outsourced-payroll-f...

 

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