Getting bogged down with running a payroll?
Is payroll becoming time consuming and diverting resources from the core activities of your business?
Are you ready for Real Time Information (RTI)?
At Smart Office Services, based in Buckingham, we can help you.
RTI is a new way of reporting pay and deductions made under PAYE. Reports will generally have to be sent to HMRC online each time an employee is paid. This replaces the current system under which detailed reports are only sent at the end of the tax year.
RTI does not affect the way employees are paid, but if you use BACS to pay your employees a new four character code must be added in to the BACS payment file. Our payroll software will generate this code if needed. Other payments such as cash, cheque or internet banking do not need this extra code.
There are a number of things you need to do to prepare for RTI, most important is to check that your payroll software will be ready. Certain long established payroll products won’t be upgraded for RTI, so check with your software provider or contact us to discuss your needs. HMRC’s Basic PAYE tools software will be RTI compliant, but only for small payrolls with up to 9 employees.
If you don’t use a payroll software at present please contact us we can help you make RTI submissions using our own commercial software, please contact us to discuss how this will work for you.
A tailor-made solution to payroll issues
We can offer an individually tailored solution to meet your payroll needs. Whether that means outsourcing your payroll activities to relieve the pressure or installing payroll software and training your staff, we can offer you a cost-effective solution.
Whether your payroll is required weekly, fortnightly, monthly or quarterly we can accommodate you. You will be supplied with Reports which are simple to understand and completely secure confidential payslips which can be despatched to you or alternatively sent directly to your employees.
Smart Office Services
Administration ~ Bookkeeping ~ Call Minding ~ Payroll ~ Secretarial ~ Telemarketing
Buckingham ~ Aylesbury ~ Banbury ~ Bicester ~ Brackley ~ Milton Keynes ~ Towcester ~ Witney