For almost 97% of UK businesses classed as small firms with 49 or fewer workers, the burden of payroll is patently clear – both in terms of time and the resources it takes up.
The report attached looks at:
- Deductions From Salaries
- Reporting Taxable Benefits
- Late Filing Penalties.
The benefits of outsourcing payroll can outweigh the objections, but make sure you don’t chose the wrong firm to do it for you as it can makes things worse rather than better.
If you are a business owner and you are keen to reduce the stress of managing the payroll, so you can have more time to reinvest in growth, contact Porter Garland to discuss outsourcing. Speak to Amanda Williams FCA or Thomas Pottinger FCA for expert advice on 01276 674870.
For our full report on Outsourcing Payroll, click this link.