As a payroll provider we charge £30 per week for a payroll with 10 employees and that includes everything. For over 16 employees we would charge £1.95 per employee per week.
We have been processing payrolls for nearly 40 years. We find that we don't "sell" our payroll service people enquire because they have a need. In 2016 and 2017 we were getting about 30-40 enquiries a month and converting about 10% so growth was good. Since April last year enquiries have dropped to about 10 a month, we think this is a combination of the beginning of the end for AE staging and the implementation of GDPR (we buy leads from lead generation sites). As Payrollgal says it is a struggle at the moment and not a field I would be looking to enter currently.
There are payroll bureau out there that are currently sole traders or very small partnerships working out of their back bedroom so nothing illegal about it. However, how would you provide cover for your holidays? What happens if you go sick or have an accident and cannot process your clients payrolls?
In our opinion you should never email payroll documents as email is notoriously insecure, everything we do is via our secure portal (including payslips).
As a payroll bureau we have had numerous conversations with accountants and by and large they seem to be protective of their payrolls and see us a competitors for their other business which really is not the case. In fact one accountant we do deal with does their clients payrolls but outsource their own to us for confidentiality!!
Whatever you decide to do good luck, there is plenty of business out there for us all.
My answers
As a bureau we charge £1.95 per payslip per week with a minimum charge of £30 pw.
That is correct, we have often wondered that ourselves when we have approached accountants to run their payrolls for them :-)
As a payroll provider we charge £30 per week for a payroll with 10 employees and that includes everything. For over 16 employees we would charge £1.95 per employee per week.
https://www.acas.org.uk/coronavirus/using-holiday
https://assets.publishing.service.gov.uk/government/uploads/system/uploa...
Not sure if this will throw some light on the subject https://www.telegraph.co.uk/finance/personalfinance/tax/9590784/Were-com...
We have been processing payrolls for nearly 40 years. We find that we don't "sell" our payroll service people enquire because they have a need. In 2016 and 2017 we were getting about 30-40 enquiries a month and converting about 10% so growth was good. Since April last year enquiries have dropped to about 10 a month, we think this is a combination of the beginning of the end for AE staging and the implementation of GDPR (we buy leads from lead generation sites). As Payrollgal says it is a struggle at the moment and not a field I would be looking to enter currently.
https://www.cipp.org.uk/study/apprenticeships.html may help.
https://www.reallysimplesystems.com/ but not sure if it integrates though.
There are payroll bureau out there that are currently sole traders or very small partnerships working out of their back bedroom so nothing illegal about it. However, how would you provide cover for your holidays? What happens if you go sick or have an accident and cannot process your clients payrolls?
In our opinion you should never email payroll documents as email is notoriously insecure, everything we do is via our secure portal (including payslips).
As a payroll bureau we have had numerous conversations with accountants and by and large they seem to be protective of their payrolls and see us a competitors for their other business which really is not the case. In fact one accountant we do deal with does their clients payrolls but outsource their own to us for confidentiality!!
Whatever you decide to do good luck, there is plenty of business out there for us all.