Balsworth & Co.

Payroll

Payroll run on time every month, payslips sent, submissions to HMRC made on or before payday, and workplace pensions handled.

From £20 a month What is included

A payslip being slipped into a brown envelope on a wooden table

Payroll is a small job with no tolerance for being late. Staff notice at once, and HMRC expects a submission on or before every payday.

Send us the hours or any changes three working days before payday. We run the payroll, email a payslip to each employee, make the submission to HMRC and send you a short summary of what to pay and when: wages, PAYE and National Insurance, and pension contributions.

Starters and leavers, statutory sick pay, maternity and paternity pay are part of the fee. So are the year-end jobs: the final submission in April, P60s by 31 May, and benefits-in-kind forms by 6 July.

The price is £15 a month for the payroll plus £5 for each person on it, whether you run it weekly or monthly.

Questions about payroll

When do I need to send you the hours?

Three working days before payday. Salaried staff with no changes need nothing from you at all.

Do you set up the workplace pension?

Yes. We register you with a provider, assess each employee every pay period and upload the contributions.

What does a director-only payroll cost?

£20 a month for one director. Many limited company clients use it to pay a tax-efficient salary.

Hours on the books each month

14 hours 2 hours

“We used to do the books on a Sunday night with a shoebox of receipts. Now we photograph them, Tom reconciles everything weekly, and we get Sunday back.”
Sunil and Jas Patel, Bakery, partnership

Often taken together