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Payroll services

London Payroll Services

In order to manage correctly your business and your team, you will have to run a payroll. The problem is that it can easily consume the most part of your time and get you focused on it rather than other core activities of your business. Plus, since the implementation of Real Time Information, HMRC require information on or before the date of payment to the employee. The payroll requires a lot of energy: your employees have to be paid on time every time. Plus, you need to stay updated on any changes to the payroll regulations or they could impose a drain on your resources.

In order to keep yourself focused on developing your business to bring it to the next level, we can provide you with full payroll services. Our team can help you with installing payroll software and training your staff. Or, you can also decide to outsource the whole payroll activity. This will help relieve the pressure and we will be glad to take it off your mind.

Payroll services

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Payroll services

Our way of working

We can provide you with a unique and customised payroll service for your business. This service includes employee payslips, monthly summaries, departmental reports, dealing with leavers and starters, provision of analysis of staff costs, Real Time Information, PAYE returns for the revenue, assistance with automated payment set-up to your employees, and CIS return completion. But at London Tax Accounting, we like to go further and we can also offer advice on all employment tax issues. It means that we are able to provide you with advice on tax efficient remuneration strategies, planning for retirement, termination payments, inducement payments, company car and van strategies, and benefits planning.

We run payrolls for many of our clients, handling with the instruction passed to us and preparing the monthly and year-end returns. Our team ensures that payroll is run on time with the date you wished to pay your staff on. Transferring your payroll to us is effortless: do not hesitate and outsource your payroll system to us.

Annual acounts preparation

Our agency can provide you with accurate accounts through a professional and timely service. We will prepare everything you need for your annual accounts. Indeed, we can prepare accounts useful for the completion of self-assessment tax returns in order to meet the timescales and deadlines. We will also produce a financial statement to file at Companies House and abridged accounts to ensure the minimum amount of your financial information is made public. 

Accounting softwares

Computers have become an essential item in many different fields. It has allowed a great improvement in efficiency for many businesses. Indeed, computers can perform some tasks faster than any employee. And it is easier to keep things organized on it, compared to having to organize thousands of papers. In accounting services, computers have become an efficient and cost-effective way to keep records of the performances of the business. Computer systems are a great tool if they are used correctly.

Management accounts

In addition to the former services, we also provide help with management accounts. It is a great tool for your processes and project in your company and can also be used to measure your business performances. Indeed, the preparation of management accounts gives you a way to manage and monitor them and most clients using it find this facility invaluable. If you get up to date and relevant management information, you will be able to make the right decisions for your company.

Payroll services
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