Payroll is a complex and time-consuming process, but getting it right is also vital. For ambitious businesses, managing payroll in-house can be an unnecessary distraction.
Outsourcing payroll to a third-party provider can help in a few ways:
- Saves time – it frees up your time so you can focus on running your business. You no longer have to worry about correctly calculating wages, withholding taxes, allowances, deductions and payslips.
- Saves money – it can save you money on the ongoing software and training costs. You also won’t have to worry about the cost of hiring, retaining and covering in-house payroll staff.
- Reduces risk – it helps reduce the risk of errors, with both staff and HMRC.
- Improves compliance – it gives comfort that your payroll remains up-to-date, amongst ever-changing laws, rules and regulations.
Magma’s payroll team ensure all of the above and more, for over 300 businesses, each with up to 350 employees.
Contact us:
If you are considering outsourcing your payroll, feel free to get in touch with us.
The Team
Our experienced and approachable team are on-hand to assist you, please get in touch below: