Payroll Services
Payroll services are essential for any business that employs staff and pays them wages or salaries. Payroll involves calculating the correct amount of pay for each employee, deducting tax and National Insurance contributions, making payments to HMRC and pension providers, issuing payslips and other documents, and keeping accurate records.
Payroll can be complex and time-consuming, especially with the changing rules and regulations regarding tax, National Insurance, auto-enrolment pensions, statutory payments, and other employee benefits.
O’Connor & Co are proud to provide an immaculate and efficient payroll service that takes the pressure and stress away from our clients, allowing them to concentrate on the day-to-day operations of their businesses.
Keep reading below
The benefits of using us for your Payroll Services
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Outsourcing payroll to us can free up valuable time and resources for you and your staff to focus on their core activities. O’Connor & Co can also save your business money by using efficient software and systems, avoiding errors and penalties, and offering competitive fees.
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O’Connor & Co can keep up to date with the latest legislation and regulations regarding payroll, tax, National Insurance, pensions, and other employee matters. We will also ensure that the business meets your obligations to HMRC and other authorities, such as filing RTI reports, paying taxes on time, and complying with auto-enrolment rules.
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We can can offer expert knowledge and advice on various aspects of payroll, such as tax codes, allowances, deductions, statutory payments, employee benefits, and more. O’Connor & Co can also help your business with planning and budgeting for payroll costs, as well as dealing with any queries or issues that may arise from employees or HMRC.
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O’Connor & Co can ensure that the payroll data and records are secure and confidential, using encrypted software and systems, following GDPR guidelines, and adhering to professional standards. We can can also protect your business from fraud and identity theft by verifying the identity and details of employees and subcontractors.
Additional Services
Accountancy Services
We are experts in all fields of accounting, auditing, bookkeeping, tax preparation, financial reporting, and business advice.
Bookkeeping
We efficiently keep track of your income and expenses through your receipts/bank statements and then handle the rest for you too.
VAT Services
Businesses that are registered for VAT must keep accurate and complete records and submit VAT returns to HMRC, we can help with this.