Introduction to payroll outsourcing

Calculating wages or salaries, processing staff payments, and completing statutory returns are time-consuming processes for every business. Furthermore, any failure to be accurate and up to date can lead to complaints from employees and financial penalties from HM Revenue and Customs.

The alternative is to employ a payroll outsourcing company. Even the smallest businesses can find this approach less troublesome than handling matters themselves, and with fees starting at around £50 per month for a company with ten salaried staff, a payroll outsourcing service can also prove cost effective.

This Buyer’s Guide explains

• the benefits of outsourcing your payroll
• the services providers can offer you
• how the service works
• how to choose a payroll service
• the cost of outsourcing
• tips on making the best choice of provider

You can then obtain quotes from a range of payroll services providers.