Payroll

Paying your staff correctly, and on time, is a top priority for any business – not just to keep your people happy but to make sure tax and other deductions are correct, so that you stay compliant with HM Revenue & Customs (HMRC).

At the same time, dealing with your payroll and keeping up to date with all the regular changes to tax and employment legislation can take up valuable time and resources in-house that you could use better elsewhere.

Outsourcing your payroll to TFS Payroll Solutions the professional, outsourced payroll service from Banks & Co, provides an easy to use, confidential and reliable payroll service that frees your time to concentrate on your primary business objectives.

Our payroll experts provide a fast, efficient, confidential and cost-effective service, tailored to the needs and size of your business. TFS Payroll Solutions provides services including:

  • customised payslips
  • administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
  • completion of statutory forms, including year end returns, to issue to your employees and submit to HMRC
  • electronic submission of “in year” forms, including P45/P46s, to HMRC (mandatory since 5 April 2010)
  • administration of incentive schemes, bonuses, and ex-gratia and termination payments
  • administration of pension scheme contributions.

If you would like to find out more about TFS Payroll Solutions, please visit our website or for more information or a free, no obligation quote, please contact Denise Wakeham.

For more information on how we can help you, please contact us.

Autumn Budget Statement 2011