WHAT WE DO
Payroll ServicesLet's help you
Get A Free Review
WHO WE HELP
Payroll Services | Cowie and Co Accountants
At Cowie and Co Accountants, we provide comprehensive payroll services to ensure your business accurately and efficiently manages payroll for both staff and directors. Our team of experienced payroll professionals stays up-to-date with the latest tax regulations and employment laws to provide reliable and compliant payroll processing services.
Cowie & Co. Services for
Payroll Services
1. Staff Payroll Processing. We handle the entire payroll process for your staff, from calculating gross pay to distributing net pay. Our team will accurately calculate salaries, hourly wages, overtime, bonuses, and commissions based on your company’s policies and employment contracts. We will also handle statutory deductions such as income tax, National Insurance contributions, and pension contributions.
2. Directors’ Payroll Processing. We provide specialized payroll services for company directors, taking into account their unique tax and remuneration considerations. Our team will process directors’ salaries, calculate and deduct the appropriate taxes, and ensure compliance with HMRC regulations. We will also provide guidance on tax-efficient remuneration strategies, such as the balance between salary and dividends.
3. PAYE and National Insurance Compliance. Our payroll experts will ensure that your business complies with PAYE (Pay As You Earn) and National Insurance regulations. We will calculate and deduct the correct amounts of income tax and National Insurance contributions from your employees’ pay and remit them to HMRC on your behalf. We will also handle the year-end PAYE reconciliation process and provide P60 forms to your employees.
4. Pension Auto-Enrollment and Administration. We assist businesses with pension auto-enrollment and ongoing pension administration. Our team will assess your workforce, enroll eligible employees into a qualifying pension scheme, and handle the necessary employee communications. We will calculate and deduct pension contributions from employees’ pay and ensure that your business complies with pension regulations.
5. Payslip Generation and Distribution. We will generate accurate and detailed payslips for your staff and directors, clearly outlining their gross pay, deductions, and net pay. We can distribute payslips electronically or provide them in printed format, depending on your preferences. Our team will ensure that payslips are delivered on time and in compliance with legal requirements.
6. Real-Time Information (RTI) Reporting. Our payroll services include Real-Time Information (RTI) reporting to HMRC. We will submit the required reports, such as Full Payment Submissions (FPS) and Employer Payment Summaries (EPS), accurately and on time. We will also handle any necessary corrections or adjustments to your RTI submissions.
7. Statutory Pay Processing. We handle the calculation and processing of statutory pay, including Statutory Sick Pay (SSP), Statutory Maternity Pay (SMP), Statutory Paternity Pay (SPP), and Statutory Adoption Pay (SAP). Our team will ensure that your employees receive the correct entitlements and that your business complies with the relevant regulations.
8. Payroll Reporting and Analysis. We provide comprehensive payroll reports and analysis to give you valuable insights into your payroll costs and trends. Our reports will include breakdown of payroll expenses, departmental analysis, and other relevant metrics. We will also provide guidance on optimizing your payroll processes and identifying cost-saving opportunities.
9. Payroll Software Integration. We work with industry-leading payroll software to ensure accurate and efficient payroll processing. Our team can integrate with your existing HR and accounting systems or recommend suitable payroll software solutions that meet your business’s specific needs.
10. Payroll Support and Guidance. Our payroll experts are available to provide ongoing support and guidance to your business. We will answer your payroll-related questions, assist with employee onboarding and offboarding, and provide advice on payroll best practices and compliance issues.
At Cowie and Co Accountants, we understand the importance of accurate and timely payroll processing for both your staff and directors. We are committed to providing reliable, compliant, and efficient payroll services tailored to your business’s unique requirements.
Partner with Cowie and Co Accountants for your payroll needs and benefit from our expertise, attention to detail, and commitment to helping you manage your payroll processes effectively. Contact us today to discuss how we can assist you with your staff and directors’ payroll requirements and provide tailored solutions for your business.
Get In Touch
0141 374 0404
william@cowieaccountantsglasgow.com