When you choose Arete to look after your payroll:
Cost Effective
It eliminates the need to hire and train in-house payroll management staff. It also reduces the cost of investing in payroll software and infrastructure.
Time Saving
Payroll processing is time-consuming. Outsourcing it frees up valuable time for business owners and staff to focus on core business activities, increasing productivity.
Compliance and Accuracy
Besides adhering to internal payroll policies, your company must also ensure compliance with diverse tax laws and financial regulations. Familiarising yourself with all the legal responsibilities related to payroll management is essential. Failure to do so could lead your company into legal complications. Hence, opting for a payroll service provider might be a prudent choice.
Highly secure payroll processing software
Payroll service providers use cutting-edge payroll processing software that might be expensive for individual businesses to invest in. By outsourcing, businesses can leverage this technology without the associated costs.
Access to the Advanced Technology
While it's possible to maintain manual payroll records and utilise basic software tools to submit payroll to HMRC, this process demands considerable time and effort. Additionally, manual payroll processing becomes increasingly complex as your business expands. Seamless payroll management requires not just expertise but also the right technology. Payroll service providers offer your company access to cutting-edge technology, enabling you and your employees to effortlessly manage and access records from any location, at any time.
Scalability
As your business grows, managing payroll in-house becomes more complex. Payroll service outsourcing can easily scale to accommodate a growing number of employees without putting a strain on your resources.
Dependable Support
Consider how many in-house employees you would need to handle your payroll processing. While one skilled and trained staff member could manage the task, what happens when they're absent due to illness or holiday? Training another employee as a backup plan not only entails extra effort but also incurs additional salary costs. Instead of dealing with these challenges, outsourcing your payroll can be a practical solution. This approach offers you the advantage of a proficient team of payroll management professionals who can efficiently manage your payroll needs round the clock.
Prevent Expensive Errors
It's widely acknowledged that payroll is a complex process. Without the right knowledge and tools, attempting it is a risky venture. Numerous pitfalls can arise. Mistakes, whether internal or external, can have significant repercussions for your company. Delays in paying employees can lead to dissatisfaction among your workforce. Additionally, failing to meet HMRC submission deadlines, mishandling auto enrolment for employees, and making late PAYE payments can result in fines, penalties, and potential legal issues. Engaging an external payroll services specialist can safeguard your company from these costly errors.
Expertise
We have great knowledge and experience in payroll management with over 15 years of payroll processing expertise. Whether you require assistance for a small business or a complex payroll system, we are the specialists you can rely on. Our team provides effortless payroll services while guaranteeing adherence to the most recent government regulations.
Precision & Timely Payroll
We have a dedicated team devoted to providing accurate and timely payroll services. You can rest assured that your employees are paid accurately and on time, every time.
Data Security
Ensuring the security of your data is our utmost concern. We recognise the importance of safeguarding confidential information. With Arete HR Partners, you can have peace of mind knowing that your company data and sensitive information are protected.
We employ secure encrypted data transfer for every file upload and download, enhancing the overall security of your information.
Payroll Compliance & Legislation
Managing payroll is a complex task, involving compliance with tax, national insurance, and various legal obligations. Arete HR Partners is a dependable local payroll service provider you can rely on. We possess expertise in UK-specific regulations and requirements.
Secure online payslips
We offer easy access to payroll details for both you and your employees. No more hassles of requesting payslips from HR – our software allows employees to easily access and download their payslips using a personalised login ID.
Affordable Pricing
There is no one-size-fits-all payroll solution. At Arete HR Partners we believe in a tailored approach, where you pay only for the payroll services you require. Our pricing is designed to be cost-effective, and customised to meet your specific needs.
Pension Schemes Auto-Enrolment Support
Regardless of your business size, you cannot avoid the labourious process of Pension Auto Enrolment. Even if you employ only one individual, it is mandatory to offer a workplace pension. We can handle your Auto Enrolment payroll processing removing the extra costs and additional resources needed for this activity.
Workplace Pensions, also referred to as Auto Enrolment, is a government-mandated initiative compelling employers to establish a voluntary pension plan for their staff. Each time your employees are paid, you must evaluate whether they meet the criteria and, if so, enroll them in a company pension scheme.
To ensure legal compliance, you must continue making pension contributions on their behalf and maintain specific documentation.
We are delighted to offer the following payroll services as part of our comprehensive Auto Enrolment solution, easing your responsibilities and alleviating the regulatory load:
To discover your personalised payroll management solutions, you can arrange a no-obligation initial meeting at support@aretehrpartners.co.uk or
Provide us with your payroll processing information
We'll handle the rest through our comprehensive payroll service, leaving you worry-free
Please reach us at support@aretehrpartners.co.uk if you cannot find an answer to your question.
We will get to know your business and its payroll needs. We will walk you through how the process works, explaining the required details for each pay cycle.
We will discuss your current payroll process, and which processes you want to retain, what can be simplified and streamlined. We’ll run our system parallel with your exiting one for an initial period, to ensure everything is carried over. We will agree a formal switch over date with you. There is no need to waiting until the end of tax year, whenever you decide to change, Arete HR Payroll will make it happen quickly and efficiently.
If you have any concerns or queries about the payroll, please contact us via phone or email and we will be happy to assist you.
Our systems benefit from robust security measures, featuring multi-level passwords and secure encryption for data. We conduct daily backups, and these backups are securely stored offsite to enhance overall security.
We use the payroll software to send a Full Payment Submission (FPS) on your behalf to tell HMRC about payments to your employees and any issued P45s and all new starters. This eliminates the need for you to send the employer's copy of the P45s/P46s, saving you from the associated hassle.
Certainly. We can provide additional copies labelled as "Duplicate" to adhere to HMRC regulations. These duplicates versions will be supplied in the form of PDF files. Alternatively, by using our ePayslip service, your P60 will be securely stored online, granting you access and the option to print copies as required.
While it is your responsibility to ensure compliance with payroll regulations, outsourcing your payroll to Arete HR Payroll can significantly simplify the process for you. For instance, HMRC directly sends notifications of changes to employees' tax codes and tax credits to us for implementation. Additionally, our service includes calculations such as the Threshold Recovery of SSP, ensuring the accurate payment of NICs and PAYE to HMRC each month. We offer guidance and support in navigating crucial aspects of compliance
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