Payroll

accountingAdministering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business.  The task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance.

Sovereign Accountants has a professional team dedicated to providing you with a comprehensive and confidential payroll service, including:

  • Customised payslips
  • Payroll reports
  • Administration of PAYE, national insurance, statutory sick pay and statutory maternity, paternity and adoption pay
  • Completion of statutory forms, including year end returns, to issue to your employees and submit to HM Revenue & Customs
  • Summaries and analyses of staff costs
  • Maintenance of CIS schemes for the construction industry
  • Administration of incentive schemes, bonuses, and ex-gratia and termination payments
  • Administration of pension schemes.

Even if you have only a few employees, you could make savings by engaging us to administer your payroll.

If you need further information on how we can help you, please contact us.

Sovereign Accountants