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Payroll Services Buying Guide

Overview | How It Works | Advantages | Disadvantages | Things to Watch

Overview

Payroll is a vital part of your business. The government requires you to collect tax and National Insurance (NI) under the PAYE system, and imposes penalties for failure.

The many complications include processing statutory maternity pay, calculating occupational pension contributions, and paying employees late or incorrectly.

Hiring a payroll service provider lets you outsource a whole range of activities, ensuring that everything is done correctly and efficiently. This allows you more time to concentrate on core business activities, and less time worrying about bureaucratic formalities.



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