Outsource your payroll
Payroll supplier checklist
Any contract you agree with an outsourced payroll supplier should
specify that:
- they will calculate tax and deductions accurately, given the
information supplied
- they will make these deductions to your specific timescales
- they will ensure mandatory paperwork (eg P60s, P45s, P11Ds)
is completed within the regulatory timescale required
- in the event of them failing to complete the paperwork, provision
is made for them to reimburse you for any resulting penalties
- they will keep the necessary records of any taxes and deductions
as required by HM Revenue & Customs
- any additional payroll charges you might incur should be specified
- some provision is put in place for any future expansion of
their service
Subjects covered in this guide
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