Payroll Service

 

 

We have the answers and solutions for your finances

You Do The Business We Do The Books

Our Payroll Service includes:

Payroll advice and set up of new schemes with the Revenue

Generation of payroll at intervals to suit your requirements, whether that be weekly, fortnightly, or monthly and production of pay slips.

Details of dates and amounts to be paid to the Revenue.

General advice re minimum wage, sick pay, redundancy and maternity pay.

We also complete your end of year returns and deal with the regular administration of starters/leavers, tax credits, student loans, etc.

If you’re responsible for employing workers in the building industry, you’ll be well aware of just what a minefield the Construction Industry Scheme (CIS) can be.

 

Many businesses do not have the time or the staff to operate a payroll system themselves. Manual systems can be slow once the number of employees starts to grow and computerised systems can be costly and, unlike accounting systems, have to be regularly updated in order to ensure the current tax rates, allowances and regulations are applied.

Outsourcing your payroll to PRIME is a cost effective and efficient way of securing an accurate, reliable and consistent payroll function.

Our Payroll team understand the commercial, technical and legislative requirements of payrolls; delivering a service that is always on time and always accurate.

The Construction Industry Scheme (CIS) is a HM Revenue & Customs (HMRC) scheme setting out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry.

CIS is a complex area involving submission of monthly returns for contractors, with tough penalties for non-compliance.

At PRIME we offer a range of services designed to assist contractors with CIS issues, including offering a CIS-compliant service for, contractor monthly returns and payments.

We can also advise on and carry out subcontractor verification and registration.

Ensuring that all the relevant legislation and regulations are complied with is a time consuming process, with verification procedures for sub-contractors, specified CIS tax rates and online monthly tax returns all needing consideration.

If you’d prefer to use real expertise to handle all this, then we can take care of it.

Our dedicated CIS payroll software will run an efficient and accurate CIS payroll on time, every time, which meets all HMRC CIS tax requirements.