Perfect Payrolls Small business payroll
When you run a small business, you’re responsible for everything. Even if you have managers or people who take responsibility for certain functions, the buck ultimately stops with you. Making sure your staff get paid the right amount at the right time is a huge responsibility. Add to that, the ever-changing legislation that comes with payroll as well as the impact on productivity if there are problems, and you see why more and more businesses are passing the payroll buck to someone else.
Your own dedicated payroll expert
Fully compliant with HMRC legislation
Support designed to meet your needs
In-house payroll rarely makes sense for small business
When it comes to payroll, you have two choices. The first is to employ a payroll expert, the second is to outsource. When you choose to employ experts in-house, not only do you have to pay them an appropriate wage, but you have to make sure they have a way of keeping up to date with all the changing legislation, secure software and an office.
All of these things cost. So does sick pay and holiday pay. And what happens if they decide to move on? You’re back to Square 1. Plus, you probably don’t need them on a full time basis, so plenty of these assets you’ve had to invest in are sitting unused for long periods of time. It doesn’t make much sense when it’s put that way, does it?
Why outsourcing is probably your best option
When you outsource your payroll to an expert like Perfect Payrolls, you relieve yourself of the burden of recruitment, salary, holiday pay, sick pay, software costs, education and training expenses and a whole lot more. You pass your payroll over to the experts and you get on with doing what you do best – running your business.
If you’re new to outsourcing it can seem scary at first. Passing sensitive and confidential information over to a third party is never easy. But you do it with your accountant. You do it with your bank. Doing it with your payroll is no different.
When you outsource your payroll, you relieve yourself of the burden of having to employ a payroll expert and pay all the costs involved. You also relieve yourself of the worry of them getting your payroll right. When you work with Perfect Payrolls, we commit to paying your employees the right amount at the right time, or you don’t pay us. It really is that simple.
When you look at the options in black and white, in this way it seems ridiculous to try to run payroll in-house, but we understand that it’s not a decision you can or should make lightly. That’s why we’d love to hear about your unique situation and help you work out if outsourcing is right for you.