Complete Payroll Solutions for Business
Payroll processing is an important yet tedious task and even more so with the introduction of Auto-Enrolment for employee pensions. Timely processing is not only needed to pay your staff but to also remit PAYE and National Insurance contributions to HMRC so that penalties can be avoided. New Balance Bookkeeping has developed a streamlined process which ensures processing of your staff pay and absences is completed efficiently and effectively. Working on or off site we can prepare your payroll in advance and once approved by you it is simply a matter of pressing a button to have it submitted via HMRC’s ‘real time information’ (RTI) link.
How We Add Value for your Business
By outsourcing to New Balance Bookkeeping, you get more then just the basic duties of calculation of PAYE and National Insurance contributions. Our value added benefits include:
- keeping current on government rules and regulations.
- organised cloud storage of payroll data for easy accessibility.
- processing newly recruited staff and any leavers.
- quickly and accurately resolve issues or discrepancies.
- the ability to maintain sickness and holiday leave records for staff
- dedicated professionals to enter and maintain payroll information.
- customized reports based on company requirements.
Whether it’s salary increases, intake of new employees or terminations; our payroll processing will ensure that each transaction is available in Real Time format for your approval. By seamlessly integrating each aspect of the process, New Balance Bookkeeping simplifies payroll outsourcing. Our familiarity with the leading payroll processors ensures we can get the most out of your current infrastructure to decrease costs without diminishing regulatory compliance.
Advantages of Outsourcing Your Payroll Services to New Balance Bookkeeping
- Reduction of costs
- No need for training or hiring internal staff on your payroll processes
- Eliminate infrastructure cost for maintenance of hardware, IT systems, furniture and other associated expenses related to completing this internally
- Confidential and accurate processing of payroll information
- Add-on service for the administration of Auto Enrolment