Outsourcing
Fully Outsourced Payroll Services... Your Complete, Hands-Free Payroll Department!
Running an internal payroll function is a major administrative burden. Keeping up with changing tax codes, managing student loans, processing statutory payments (like sick pay or maternity leave), and filing paperwork on time can easily drain your energy.
At DW Payroll Services Ltd, we act as your fully outsourced, virtual payroll department. You hand the administrative stress over to us, and we ensure your team is paid accurately and on time, every single month.
What Our Fully Outsourced Service Includes:
- End-to-End Processing: From calculating gross-to-net pay to processing bonuses, overtime, and deductions, we handle it all.
- HMRC Real-Time Information (RTI): We handle all mandatory Full Payment Submissions (FPS) and Employer Payment Summary (EPS) filings directly with HMRC on your behalf.
- Statutory Calculations: We accurately calculate and manage Statutory Sick Pay (SSP), Statutory Maternity/Paternity Pay (SMP/SPP), and student loan deductions.
- Year-End Reporting: Complete management of your year-end duties, including the generation of digital P60s for your staff and final submissions to HMRC.
- New Starters & Leavers: Smooth processing of P45s for departing employees and seamless onboarding configuration for new hires.
How It Benefits Your Business.
- Save Valuable Time: Reclaim hours every month to focus on business development, sales, and strategy.
- Eliminate Compliance Risk: Protect your business from automated HMRC late-filing fines and tax miscalculations.
- Reduce Software Overhead: Save money on expensive internal payroll software licences, updates, and training.
- Guaranteed Cover: Never worry about payroll being late due to internal staff sickness or holiday leaves.
Whether you run a single-director company or manage a rapidly growing team, our outsourced service scales beautifully alongside your business.
How our fully outsource payroll services product works.
- Consultation and Discovery: We will review your current payroll processes and procedures to understand your business' needs.
- Legal Set Up: We will review all the legal bits signed off so we can handle your data and request authorisations for the HMRC, your pensions provider, including any other pay period related reporting duties.
- Data Set Up and Migration: You will be provided with an Secure Employer's Portal to upload all the required data in the requested format which is a GDPR compliant system which protects employee's data and other financial information.
- Integration: We will ensure that your historic information such as holiday pay and sickness data is imported into the payroll system to ensure it is accurate and ready for a parallel payroll run to test the accuracy of our payroll run vs your current set up.
- Go Live: Enjoy a payroll service with no interruptions to your employee or any business related deadlines. We envision an accurate and compliant payroll services you can depend on.
- Post Go Live: The purpose of this meeting is to sit down with the client to formally sign off their payroll services that will be managed by the Bureau. This gives both sides an opportunity what went well and how DW Payroll Services Ltd can improve their client experience.
You don't need to wait until the start of a new tax year to switch to us, we are happy to provide you with mid-tax year switching service. Why not have your cake and eat it and switch to us sooner?
Our team will support you throughout your switching and onboarding process. As our valued customer, we'll make sure we take you under our wing and look after you!
By switching to DW Payroll Services Ltd for outsourcing your payroll services, our aim is to keep switching simple, easy as possible with minimal disruption to your business and most importantly, your employees!