Outsourcing Payroll Services
Does your business deal with business payroll services in-house? If you have been struggling with payroll, or are looking to move to a managed payroll service, Infinity provide payroll solutions and payroll services Peterborough, Stamford and Spalding.
Since HM Revenue and Customs have introduced the need for real-time information (RTI), every business that runs payroll must submit information every time payroll is run instead of waiting until the end of the year. This means that the data that is sent across must be accurate and kept up to date with the ever-changing payroll legislation. Here at Infinity, we can take on this often time-intensive for you.
Infinity can also handle all your Pension Auto Enrolment tasks, pension contributions and other third party deductions. Making sure the pension calculations and deductions for your staff are correct can be a real headache and drain on your time and resources. Let Infinity free you of payroll responsibilities and give you the time back to do what you do best – running and growing your business.
All our payroll processing staff hold an ICB Level 3 Diploma in Payroll Management and have many year’s experience, so you can rest assured your payroll is in safe hands.
Payroll Services
Payroll services can be a real headache for any sized business. Since HM Revenue and Customs have introduced the need for real time information (RTI), every business that runs payroll must submit information every time payroll is run instead of waiting until the end of the year. This means that the data that is sent across must be accurate and kept up to date with the ever changing payroll legislation.
If all this wasn’t difficult enough, it is now compulsory to provide your staff with a workplace pension through the auto-enrolment scheme on your staging date. We can set your workplace pension and manage it to take away the hassle, so you can concentrate on running your business.
What can we do for you business?
- Starters – Setting up a new member of staff using their P45 or HMRC’s new starter checklist (previously a P46).
- Leavers – Raising a P45 for a leaving member of staff.
- Pay-runs – Whether you need to process your staff’s wages weekly, fortnightly or monthly.
- Expenses – We can add authorised expense claims onto your staff’s wages.
- Statutory Pay – Processing all types of statutory pay such as sick leave, maternity pay and paternity pay.
- Earnings Order – The court can issue an earnings order, which means you need to pay a creditor through your wages.
- Benefits – This can range from company cars and mobile phones to healthcare and pensions.
- Wage Slips – Our preferred method is electronic distribution by email, but we can also distribute by post.
- Reports – Need to know how much your customer services department cost this month? Or how much commission your sales team got paid? We can produce many reports based on what you need to see on a regular basis.
- Statutory Reporting – We send your EPS and FPS report to HMRC for you. This needs to be completed after every pay-run to stay inline with the RTI rules.
- Auto Enrolment Pensions – Pension providers need to be updated every time you pay your staff, we will do this for you.
If you are unsure when you need to start your workplace pension, you can check with The Pensions Regulator.
Payroll Services Peterborough: Moving your managed payroll services to Infinity is easy. When you’re ready to make the move, we’ll work with you to make sure the transition is as smooth as it can be.
At the start of any relationship with a new client, as a precautionary measure, for larger payrolls we generally suggest that we have a short period of running the system in conjunction with your old system, just to be doubly sure. That way we know that nothing has slipped through the net in the handover.
Our payroll services include distributions of payslips to your staff electronically via email. If you require printed payslips sent by post we can arrange this also.
We can accept your exported data in all the common formats. Please let us know who your current payroll provider is, or the system you currently use, and we will let you know the best format to export the information. We’ll work together to agree a processing timescale so everyone knows what’s expected of them. And when you transfer your data, you can do so with confidence that you’re passing it over to a business payroll service that takes data security as seriously as you do.
We pride ourselves on customer service and aim to deal with any payroll problem within 24 hours. If for any reason, additions or last-minute changes get missed, We can revert the payroll, make the changes and re-submit to HMRC and re-email staff payslips.