Is Your Payroll Costing You More Than You Think?
When was the last time you looked "under the bonnet" of your payroll?
At The Ink Group we more often than not uncover errors when onboarding new clients to our payroll bureau. These aren't minor discrepancies – they're systematic, costly issues impacting the bottom line and employee satisfaction.
Some of the errors we find during the implementation process include issues with...
Pension Scheme Set Up (Pensionable Pay Basis, Tax Relief)
Non compliance with Auto-enrolment legislation
Paying below the National Minimum Wage
Tax/National Insurance Contributions treatment on benefits in kind and/or expenses
These aren't isolated incidents and represent widespread problems often going undetected for years. Our Payroll Health Check examines the foundational setup of your payroll, identifying issues before they impact your business and covers the following - Pay element configurations, National Insurance categories, Tax codes, Basic pension set up & processing checks and more.
The Payroll Health Check ensures full compliance with current regulations, accurate employee compensation and peace of mind for business owners.
Don't wait for an email from HM Revenue & Customs or employee complaints to discover payroll problems. Proactive management is always more cost-effective than reactive fixes.
Contact us today at payroll@theinkgroup.co.uk to schedule your Payroll Health Check.