Payroll Outsourcing Services
Initor Global provides payroll outsourcing services for accountants in the UK. Whether it is dealing with HMRC or maintaining voluminous data related to tax, or social contributions, Payroll is a complex function. Managing Payroll can take up a significant amount of time, and handling compliance changes are both time-consuming and challenging. Our team of payroll specialists helps accountants navigate the different legislation, number of deductions, statuses, types of contract, and time and attendance regulations.
When you choose Initor’s payroll services, you partner with industry best professionals with expertise in payroll processing services. Our core focus is to provide high accuracy in payroll processing, as we believe that Payroll is at the crux of the relationship between companies and employees.
With our Payroll services, you can retain control and have access to skilled payroll professionals with expertise in UK’s HRMC compliance requirements and help you stay ahead of changes in local regulation.
Payroll Processing Services
We provide Monthly/weekly payroll, four weekly, quarterly/ annual payroll services for clients.
Processing Payroll Data
Tracking wage changes – promotions, bonuses as well as the recording of vacation days, maternity leave, sick leave, and more. We process information, create payslips, and process timesheets.
RTI Submissions to HMRC
Ensuring RTI compliance and submissions to HMRC. We will submit the RTI to HMRC each month after the Payroll processing with any other reports.
Printed or Electronic Payslips/Reports
Payslips will be sent out to all employees in print or electronic form, together with P60 forms.
HMRC BACS Payments
Payslips will be Pay HM Revenue and Customs (HMRC) by BACS. Manage BACS payments to staff and HMRC. BACS payments are made into the payees’ accounts as a part of our end-to-end outsourced payroll services.
Provision of Tailored Reports
Payslips Provide reports with details of employees as well as changes that might occur over the year, as well as create reports and submit to HMRC.
Completion of P11D forms, including P11d, P9D, P11D(B) and P46 (car) forms. Completion of statutory forms, including year-end returns, to issue to your employees and submit to HMRC.