Payroll services

For those worried about doing payroll themselves or small businesses with limited time, managed payroll services allow you to hand payroll processing over to the experts.

With BrightHR’s managed payroll services our team will handle everything for you. From employee pay calculations to report filing, all within our https://www.brighthr.com/payroll-software/online-payroll/. So, you can spend less time worrying about payroll processing and HMRC compliance.

Yes, business owners in the UK do not need the assistance of an accountant to run their own payroll. In fact, with the support of an automated and cost-effective payroll software, payroll management is quite simple. However, having the support of qualified professionals on your side, it is easier to ensure that everything is setup correctly, and HRMC compliance is guaranteed.  

Payroll services in the UK offer a range of tools and services for small businesses in the UK. From setting up payroll software to complete management of payroll and pay runs.  

With BrightHR, you can choose the payroll service that works best for your business. choosing between a managed payroll service which is totally managed by a team of payroll professionals or a self-service payroll software that will automate many of your payroll processes with single sign-on for you and your staff.  

Accountants can be incredibly helpful however, for many small business owners, their fees are high and often unattainable. They are not essential for running payroll. In fact, payroll software can do much of the work of an accountant, without the high fees. 

Prices will vary depending on how many employees a business has and the type of services a business wishes to access. However, compared to the hourly rates of an accountant, using a payroll provider for payroll services In the UK is more cost-effective for small businesses. 

Payroll software will automate many payroll processes that are involved in paying employees and HMRC compliance. This includes:  

• Calculations of payments and deductions  

• FPS and EPS files to send to HMRC 

• Pension enrolment  

• Detailed payroll reports  

Small businesses in the UK are required to comply with HMRC and several pieces of payroll legislation.  This includes the UK wage standards, the Pensions Act 2008 and the Pensions Act 2014 and the data protection laws to keep employee records safe.  

When a business fails to comply with legislation, for example, if an employee is not paid on time or accurately, they face the risk of being fined by HMRC.  

Yes, payroll services must be HMRC compliant to operate. This means that both BrightHR’s payroll software and managed payroll services comply with HMRC rules and legislation. Our CIPP qualified team can support your business in ensuring compliance and communication with HMRC directly.