Payroll

FULLY MANAGED AND OUTSOURCED PAYROLL SERVICES

Pay your staff accurately and on Time

V Associates specializes in fully managed payroll services to small, medium and large enterprises, alike. We offer outsourced payroll services equally good to a small sole trader with only one or two employees or a large multi-national organization with thousands of employees. We develop payroll processing services that meet our clients’ unique requirements, no matter how complex.

We will work closely with you to understand your business and its payroll needs. We will then devise a tailored payroll system with strict quality benchmarks so that we live to our reputation of best payroll service providers UK. We can incorporate not only your payroll but also your NI schemes, auto enrolment and CIS requirements into a bespoke payroll system that works in line with your organizational objectives and statutory regulations.
V Associates prides on offering outsourced payroll services that are not restricted to just managing employee pay slips. We tailor the payroll services in a manner that they become a powerful management analytical tool for your organization.

OUR PAYROLL SERVICES PROCESS

INITIAL CONTACT WITH US

• Contact V Associates at 0333 011 6352 or book an initial appointment online at info@vassociates.co.uk
• Negotiate a customized package with V Associates by choosing services of your choice. View our other services as well.

YOUR DETAILS

• Review your current business or the new business and advise you on how best to prepare the business for sale now or in future.
• Discuss with you best time of sale and valuation options
• Discuss with you to sell the business as a whole setup or sell the assets separately keeping in mind tax implications and total sale value.
• Advise you on steps to take to increase business value
• Advise on you all tax matters regarding sale.

EMPLOYEE STARTER FORMS

• We provide you employee starter forms for each employee in your organization.
• Once all employees provide their details on employee starter forms, we submit all relevant details to HMRC under your PAYE code.
• We streamline all your records for past and present employees and employees

SALARY DETAILS AND PAY SLIPS

• At your payroll service providers, we will require you to give us salary details for each employee; what do you normally pay, overtime, commissions, bonuses and any other payment that you disburse to them.
• We will also require you to provide all and any deductions that are made from each employee’s salary. • Based on the details provided, we create pay slips and send them to you for approval.
• Subject to your approval, we can send approved pay slips directly to your employees.

REAL TIME INFORMATION (RTI)

• Under our fully managed payroll outsourcing services, we run Real Time Information (RTI) for you. We submit your PAYE records, NI contributions, Auto Enrolment Contribution, CIS charge and all other employee related statutory obligations to HMRC for you.
• We send reminders for when your payment is due to HMRC to avoid late payment penalties.

WHY CHOOSE V ASSOCIATES FOR PAYROLL SERVICES ?

HAVE MONEY AND STRESS:

V Associates offers its clients a fully managed payroll system. We will not give you a complicated process that requires you to run your payroll multiple times. We do all payroll activities from start to end for you including relevant submissions and payments to HMRC, pension providers, insurance providers and staff. This will save you costs of having specialist payroll staff or spending resources on payroll activities. We take away all burden and stress of payroll away from you letting you not worry about deadlines and accuracy of calculations.
V Associates benefits your small Business with specialized Accounting Bookkeeping Services :

FULLY COMPLIANT PAYROLL SERVICES

We offer you fully managed payroll services through our dedicated payroll portal that documents your pay slips and manage automated communications with your employees. We mitigate your risks by making you fully complaint and avoiding non-complaince penalties. This is a huge cost saving as payroll non-complaince penalties and auto enrolment penalties can go up to thousands of pounds each year. Our professional services encompass:

• Personalised and standard pay slips
• Managing starter forms, P45 and Code number changes
• Taxable Benefits and P11D’s
• Pension Schemes
• Student Loan Recovery
• Administration of PAYE
• Calculating Statutory Sick Pays, statutory maternity pays and paternity pays
• SMP, SPP, SSP and SAP
• Advice on tax and NI payable
• Standard Payroll Reports
• Processing Payroll Payments
• Producing year end P60’s
• Preparation and filing RTI, FPS

ONLINE PAYROLL SERVICES

V Associates provides payroll services in cloud. We help you go paperless. All your payslips and payroll important documents are provided online on your finger push. We can also manage your employees payroll communications , sending them payroll slips and requiring them to fill in necessary details as and when required.

FULL SUPPORT AND ADVICE

The best thing about V Associates Payroll services is that we devise a system that can integrate a strong management tool. We offer you payroll reporting services as a plus at minimal costs so that you can take benefit of professional review of your payroll and HR payments and receipts. We work closely with you and offer advice on where and how you can improve your in-house system to make it more HMRC complaint. We help you create a professionally pro-active payroll for your business.

PAYROLL THINGS THAT YOU NEED TO KNOW

WHAT OUR CLIENTS SAY ABOUT US: ?