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Payroll-and-Pension-Services-in-UK  | auto-enrolment pension service in UK

What we do in Payroll & auto-enrolment pension service for Your Business

At PHS, we simplify payroll and pension services for businesses, ensuring you can focus on what matters most—growing your company. Our expert team is dedicated to managing all aspects of payroll and pension tasks efficiently. By choosing our services, you benefit from streamlined processes that ensure compliance with regulations and timely submissions. We handle everything from employee assessments to contribution calculations, making it easy for you to meet your obligations. With PHS, enjoy peace of mind knowing your payroll and pension needs are expertly managed, allowing you to provide your employees with the financial security they deserve.

Why Choose Us for Payroll & Pension Services in the UK?

Expert support

Our experienced team is dedicated to managing your payroll and pension tasks, ensuring compliance and accuracy while you focus on growing your business.

Time-saving solutions

We streamline the payroll and pension processes, saving you valuable time and resources. Enjoy hassle-free management without the stress of complex calculations.

Compliance assurance

Stay worry-free with our services that ensure all payroll and pension regulations are met, reducing the risk of costly penalties or legal issues.

Employee satisfaction

Providing reliable payroll and pension services enhances employee trust and satisfaction, helping you create a motivated workforce committed to your business success.

Expert Payroll & Pension service Advice Tailored to Your Business

We give expert payroll and pension advice to help you navigate the complexities of employee compensation and retirement planning. Our knowledgeable team is here to guide you through best practices for managing payroll, ensuring timely payments and accurate tax deductions. We also provide insights on pension schemes, helping you choose the right options for your employees' needs. With our tailored advice, you can enhance employee satisfaction while staying compliant with regulations. Whether you're a small business or a growing company, our support ensures that your payroll and pension strategies are effective and beneficial for everyone involved.

Personal payroll & pension services

We have tailored personal payroll and pension services designed to meet your unique needs. Our team simplifies the management of your payroll and pension tasks, making it easy for you to stay organised. Whether you are self-employed, receiving income from abroad, or managing multiple income streams, we provide the support you need. Our services ensure that your payroll is processed accurately and that your pension contributions are handled efficiently. With our expert assistance, you can focus on your work while we take care of the details, giving you peace of mind and confidence in your financial future.

Precise payroll & pension tasks

we focus on precise payroll and pension tasks to ensure your business runs smoothly. Our dedicated team meticulously handles every aspect of payroll, from calculating wages to processing deductions, ensuring that your employees are paid accurately and on time. We also manage pension contributions, helping you comply with regulations while providing valuable retirement benefits for your staff. Our attention to detail means you can trust that all calculations are correct and that your records are up to date. With our reliable services, you can eliminate the stress of payroll and pension management, allowing you to concentrate on growing your business. Experience the peace of mind that comes with knowing your payroll and pension tasks are in expert hands.

Reach us today.

If you want to take your accounting work to the next level, then reach us today without wasting time.

Frequently asked questions

A payroll pension is a retirement savings plan set up by an employer, where a portion of an employee salary is automatically deducted and contributed to a pension scheme. This system often includes contributions from both the employee and the employer, helping employees save for retirement in a structured way.

Payroll administration in the UK refers to the process of managing employee compensation, including calculating wages, deducting taxes, and ensuring compliance with legal requirements. This involves maintaining accurate records of hours worked, processing payments, and managing benefits such as pensions. Employers must also ensure that they meet obligations related to tax and National Insurance contributions.

The payroll process in the UK typically involves several key steps Collect Employee Data: Gather information on hours worked, salaries, and any deductions. Calculate Gross Pay: Determine total earnings before deductions. Deduct Taxes and Contributions: Subtract Income Tax, National Insurance, and pension contributions. Distribute Net Pay: Issue payments to employees after deductions. File Reports: Submit necessary reports to HMRC and maintain records for compliance.

For beginners, payroll processing can be broken down into simple steps: Gather Information: Collect data on employee hours and pay rates. Use Payroll Software: Consider using software to automate calculations and record-keeping. Calculate Deductions: Understand how to calculate taxes and pension contributions. Issue Payslips: Provide employees with payslips detailing their earnings and deductions. Stay Compliant: Familiarise yourself with legal requirements regarding payroll submissions to HMRC.

Pension contributions are typically calculated as a percentage of an employee earnings. For workplace pensions in the UK: Employees usually contribute at least 5% of their qualifying earnings (between £6,240 and £50,270 for the current tax year). Employers must contribute a minimum of 3%. The total contribution includes both employee and employer contributions plus any applicable tax relief from the government. This means if an employee earns £1,000 in a month, their contribution might be £50 (5%), while the employer adds another £30 (3%), leading to a total of £80 going into the pension pot for that month.

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PHS Associates Acc & Co is led by a skilled team with expertise in Accounting, Taxation, Payroll, Business consultancy, and Company secretarial services.

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Company number - 08670151