Small & Medium Sized Enterprises
The backbone of the British economy, SME’s are responsible for more than 60% of the total employment in the UK
The backbone of the British economy, SME’s are responsible for more than 60% of the total employment in the UK.
At the start of 2019 there were more than 5 million businesses with under 49 employees with a staggering £2.2 trillion combined estimated turnover. The value of ‘smaller’ businesses is often overlooked, but not by Pay-Nex, it is our privilege to work with and on behalf of SME’s. We understand the unique challenges faced every day by business owners and we work hard to take as much stress from these business owners as we are able.
Managed Payroll & Auto Enrolment
The nuts and bolts of our service, we act as an extension of your business, taking control of the details which allows you to do what you do best
Data Security
By oursourcing your payroll and auto enrolment to Pay-Nex, you can be confident that your data and that of your employees will be protected by our software which is is covered by ISO27001 accreditation and we hold Cyber Essentials Certification which demonstrates to our clients that we take the security of their data very seriously.
Secure Online Portal
Our secure ePayWindow portal allows employers and employees secure access to payroll reports and payslips, P45’s, P60’s and P11D documentation from any device, 365 days a year, 24 hours a day.
Compliance and Expertise
We would like to believe that our expertise is taken for granted, after all we have been doing this for a very long time. However, nothing could be further from the truth – ours is an ever evolving service and it is incumbent upon us to be wary of complacency and to keep ourselves ahead of change with a robust CPD programme. Compliance is assured not only with reference to current legislation but we also set the highest standards of our own, making sure that your safety net has a safety net.
Employee Benefits
The snappily titled ‘Payrolling Employees Taxable Benefits and Expenses’ cannot be underestimated. All benefits, from company cars and employer provided living accommodation to beneficial employee loans need to be assessed and the employees’ tax code amended to reflect these benefits. We offer a P11D service or alternatively we can payroll the employee benefits.
Billing Transparency
Fixed transparent fees which include processing starters and leavers, HMRC submissions, provision of P45’s ensure that our clients don’t have any unpleasant surprises when their invoices arrive.
HMRC Submissions
The regular filing of payroll submissions to HMRC is included in our payroll processing cost and we ensure that these submissions are filed in accordance with the HMRC requirements.
Year End Reporting
Don’t dread the approach of April, allow Pay-Nex to remove the burden associated with the preparation and filing of your annual reports to HMRC. We do everything, including the preparation and distribution of P60 documentation, payroll updates and the reporting of expenses and benefits ……. relax, Pay-Nex has got this for you.
What is included in your managed payroll service?
Our service includes everything from liaising with our clients to ensure that the take over process runs smoothly, processing the payroll and pension contributions, processing new starters and leavers, issuing of P45’s, uploading pension contributions to the pension provider, completing the Declarations of Compliance, tax year end processing, contacting HMRC when necessary on our clients’ behalf and making submissions to HMRC. And when surprises occur, such as the recent Coronavirus Job Retention Scheme, we manage all the complex calculations and deal with any claims.
How complicated will it be to move our payroll and pension scheme over to Pay-Nex and what is the transfer process?
We make the process as seamless as possible, if you are transferring from another service provider we will deal with them directly, once we have your authorisation and we have yet to encounter a professional company that does not respond appropriately to a polite request. If you are moving to Pay-Nex from an in-house situation, we will take every bit as much care to act with complete professionalism and discretion in dealing with your team.
We’re here to help you
Please get in touch for an informal chat or to discuss any specific requirements that you may have.
Jovan Maric , Managing Director ~ Square Daisy
Payroll and Auto Enrolment is definitely not an area of strength for me, knowing I have a team dedicated to just make it all work every month and get it right all of the time allows me to focus my time more productively on things I can add value to
Get in touch
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