Managing payroll is a crucial yet time-consuming task for businesses of all sizes. At Mollan & Co, we understand the challenge business owners face in ensuring accurate and compliant payroll processing.
Whether you’re a small start-up or established small- or medium-sized business, our customised payroll services are designed to save you time, reduce compliance risks, and streamline your payroll process.
Outsourced payroll services are a practical and strategic option that allow you to focus on what matters most – growing your business.
With Mollan & Co as your trusted partner, you’ll benefit from expert guidance, cost savings, and the peace of mind of knowing your payroll is in capable hands.
Our Payroll Services Include:
- Payroll processing. Mollan & Co handle all aspects of payroll, from calculating gross wages to processing payments via your preferred method.
- Tax management. Our experts handle all tax calculations and submissions, ensuring that your payroll is always in compliance with tax regulations.
- Payslip generation. We generate digital or paper payslips for your employees, providing them with clear records of their earnings.
- Direct deposit. We can facilitate secure direct deposit payment services, ensuring that your employees receive their wages promptly.
- Compliance and reporting. We prepare and submit necessary reports to government agencies, such as HMRC, to keep your business compliant.
Benefits Of Outsourced Payroll Services
Outsourcing your payroll to a professional accounting company offers many advantages for businesses of all sizes. Here are some key benefits:
Payroll processing can be time-consuming, especially when it comes to dealing with complicated UK tax regulations and employee benefits. Outsourcing payroll services to an expert frees up your time, allowing you to focus on essential business activities.
Managing payroll in-house can be costly, especially for start-ups or small businesses. Consider the expenses associated with hiring and training payroll staff, acquiring payroll software, and potential compliance penalties. Outsourcing eliminates these expenses and provides cost predictability.
Your employees’ sensitive financial information is handled with the utmost care and security when you outsource to a professional payroll service provider. Mollan & Co employ robust security measures to protect your data.
- Direct deposit and payslip management
Outsourcing payroll provides your employees with the convenience of direct deposit and professionally generated payslips. This increases employee satisfaction and reduces inquiries about payroll matters.
We tailor our payroll services to meet your specific needs. Whether you have unique pay structures or require specialised financial reporting, our services can be adapted to suit your requirements.
As your business grows, your payroll needs may change. Outsourcing offers scalability, ensuring that your payroll services can adapt to your business’s size and complexity.
- Peace of mind.
By outsourcing your payroll services to a professional provider like Mollan & Co, you can rest assured that your employees will be paid accurately and on time, and all compliance matters will be managed efficiently.
Did you know, changing accountants doesn’t have to be a daunting task? Get in touch with Mollan & Co today to book your free, no-obligation consultation.