Payroll
We can ensure that your payroll service is efficient, accurate and timely – meaning you have one less thing to worry about.
Running payroll in-house takes time, specialist knowledge and up-to-date software, and mistakes can lead to unhappy employees and HMRC penalties. Outsourcing your payroll to Hollis & Co means you don't need to train staff or invest in payroll software. Your employees will be paid accurately and on time, every time.
What our payroll service includes:
- Payroll processing: weekly, fortnightly, four-weekly or monthly payrolls, prepared accurately and on schedule.
- PAYE and National Insurance: correct calculation of Income Tax, employee and employer National Insurance contributions, and student loan deductions.
- Real Time Information (RTI) submissions: Full Payment Submissions (FPS) and Employer Payment Summaries (EPS) filed with HMRC on or before each payday.
- Payslips: clear digital or printed payslips for every employee.
- Statutory payments: Statutory Sick Pay, Maternity, Paternity, Adoption and Shared Parental Pay.
- Starters and leavers: processing new employees and issuing P45s.
- Year-end reporting: P60s for employees and P11D forms for benefits in kind.
- Pensions auto-enrolment: assessing employees, making contributions and helping you meet your ongoing duties to The Pensions Regulator.
- Minimum wage compliance: checking pay rates against the current National Minimum Wage and National Living Wage.
Why outsource your payroll?
Our Sheffield payroll specialists keep up with changes to tax rates, thresholds and employment legislation, so you don't have to. You'll save time, reduce the risk of costly errors, and have a dedicated local contact for any payroll questions.
To discuss your payroll options, contact Hollis & Co's Sheffield team today.
Our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax, whether you're considering investments, a second home, or another asset.
Every year, corporation tax rates and reliefs vary, so we make sure we can offer all the necessary assistance and advice when examining potential exemptions, allowances, and deductions. In order to make sure you are in compliance and avoid fines, we will carefully evaluate and produce corporate tax filings.
Whether you're considering investments, a second home, or another item, our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax.
We can help walk you through the complicated subject of personal taxation, we are aware that it can be challenging to grasp, therefore we support you every step of the way. By developing a tax planning approach that works for your tax situation and helps ensure you pay the least amount of tax, we eliminate the time and worry involved. Our staff will provide guidance on when payments are due in addition to what paperwork must be submitted and returned in order to maintain compliance.
[Company name] provide the following key services.
Latest news from [Company name]
HMRC are reminding businesses about two difficult payment deadlines.
The government-established Office of the Small Business Commissioner (OSBC) has been publicising its Small Business Plan that offers tailored funding to smaller businesses.
HMRC have concluded that the Cabinet Office failed to take reasonable care when applying the Off-Payroll Working (IR35) rules. The Cabinet Office has set aside £38.5 million for unpaid Income Tax, National Insurance and interest. A penalty of up to £8.9m could follow.
The Parliamentary Business, Innovation, Science, and Trade Committee has launched a consultation into the difficulties facing new entrepreneurs and how they are supported.
UK businesses are increasingly worried about rising operating costs, with concern over both energy and fuel prices reaching their highest levels since the Office for National Statistics (ONS) began tracking them.
Small UK companies are being asked to develop security ideas and products for Britain’s transport sector with an unusually tight deadline. As the geopolitical situation becomes increasingly dangerous, with sabotage to the UK’s physical and cyber infrastructure by countries such as Russia and Iran increasing daily, new security projects are topping the government’s ‘hopeful’ list.
For Small to Medium-Sized Enterprises (SMEs), the issue of late payments can mean the difference between survival or liquidation. The Department for Business & Trade estimates it costs the economy £11 billion annually, forcing 38 businesses to close their doors every day.
Manufacturers, importers, wholesalers and retailers are being warned that significant regulatory change is coming under the Deposit Return Scheme (DRS).
35 Wilkinson Street
Sheffield
S10 2GB
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