Payroll

Whatever type of business you operate, if you have employees it makes sense to run a formal payroll system. As a small business this can sometimes be over-looked, particularly if you have just a couple of staff and are in the habit of paying them on a cash basis, with a cheque or weekly bank transfer; the trouble with this is that you can hit problems with HMRC when you get to the end of your financial year. The only way you can avoid this is if you are registered as a sole-trader and self-employed, otherwise taxes will have to be taken care of on a PAYE basis. To further complicate matters, auto-enrolment into a workplace pension policy means that deductions have to be made; your employee may even need to have Student Loan amounts taken off. As a small business owner, you don’t need to worry about payroll or get involved with the daily admin of keeping a system running correctly. We take care of it all, on your behalf, so you can focus on looking after your company and keeping it profitable.

Why use Falcon for your payroll?

We know exactly how you feel. Your business is doing well, there is lots of hard work and sometimes just not enough hours in the day to do all you need to. If you have employees, you want to look after them in the right way. By taking care of everything, we will ensure that you are paying the minimum wage, that correct deductions are being made and that you will not get penalised by HMRC. Where pensions are involved, these will be accounted for, ensuring that everything is done as required by the Pension Regulator. You are assured of getting it right first time, confident that you will not have HMRC or the Pension Regulator chasing you. Our payroll service includes:

  • Customized payslips
  • RTI Returns submissions
  • Administration of PAYE, national insurance, statutory payments.
  • Completion of statutory forms
  • Summaries and analyses of staff costs
  • Auto enrolment submission