Where to find an online payroll service
There are a number of payroll websites available on the Internet, varying in the cost and the facilities that they offer. This article will provide you with an evaluation of just a few of the payroll services which are available online and with a description of what each service includes for the price.
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The Payroll Site
The Payroll Site provides an online PAYE or Pay as You Earn service for small UK businesses. The service will include the calculation of tax and national insurance contributions for each employee, and enables you to print payslips. HM Revenue and Customs The software used by the online payroll service is the HM Revenue and Customs accredited, and it meets the Payroll Standard which includes electronic filing and P45 returns Benefits The website offers a free trial and allows you to print your first payslips within five minutes. There is also a guide to help you to get started, and explains how to use the site to calculate tax and to produce payslips for the first time. Prices start at £5.75 per month for one employee ranging up to £50.75 per month for 50 employees. Prices are current as of 18.08.11 from Thepayrollsite.co.uk.
Payroo
Payroo is a similar website which provides all of the payroll functions required for a small business. The service is available over the Internet 24 hours a day throughout the week. The website describes the main benefits of the service as being accredited by the HMRC. The benefits are listed below: - It is an easy-to-use business payroll and operates in a similar way to Internet banking. - It allows the electronic filing of tax-related forms, such as P45s and electronic updates of other notices. - The website can calculate holiday pay, pension deductions, student loans, and can calculate pay for weekly, fortnightly or monthly payments. - Each employee can have their own account which they can view and print previous pay slips, up to a total number of three years over the Internet. - The service is free of use for up to nine employees.
Perfect Payrolls
Perfect Payrolls can customise a payroll package to suit the requirements of a specific business. They are the only employee-experienced staff who are thoroughly conversant in the use of payroll procedures. In addition, the service can provide weekly, four weekly or monthly payslips.