Payroll

Payroll is a routine yet vital function that demands absolute precision. Any errors can cause significant issues for your staff and potentially put your business at legal risk.

For businesses without a dedicated finance team, outsourcing payroll to a professional accountant is the smart choice. At Milestone Accountants, we remove the burden of payroll management, allowing you to focus on your core operations with the assurance that your payroll is expertly handled.

We manage every aspect of payroll, from setting up new employees and processing leavers to handling pensions, National Insurance contributions (NICs), redundancies, and statutory deductions like child maintenance and student loans. We also manage payments such as tax credits, maternity pay, paternity pay, adoption pay, sick pay, and other employee entitlements.

Our comprehensive service includes all necessary paperwork, from processing P60 and P11D forms to generating both customized and standard payslips. We also navigate the complexities of taxable benefits in kind, ensuring accuracy and compliance, so you can avoid costly mistakes and focus on growing your business.

Since 2012, employers have been legally required to automatically enroll employees into a workplace pension scheme. This regulation applies to businesses of all sizes and covers employees earning over £10,000 annually, aged between 22 and the state pension age.

Milestone Accountants is here to help you implement a compliant workplace pension scheme. Our services include training you and your management team on your obligations, handling opt-in and opt-out requests, and seamlessly integrating the pension scheme with your payroll system.

With Milestone Accountants, you can trust that your payroll is accurate, compliant, and handled with the utmost professionalism.