subject: Pbks 4u Provide Payroll Services [print this page] We provide the payroll services which are very important for each organization. Generally, employees are paid at a set rate, either on an hourly or salary basis. In the United Kingdom, employers are obligated to pay Social Security, Medicare, workmans compensation, state, federal, and often local taxes for each employee. An employer also must deduct a portion of these taxes and other fees from the employees paycheck, and all of these transactions must be recorded for auditing and tax purposes.
We provide the best payroll services is a company that will, for a fee, handle all of these functions independently, freeing up the business owner's time for more important matters. When in the company account is prepared the employer simply provides the payroll services with a list of all employees, the hours they worked, and any variances. This data is then processed and the funds are transferred from the employer's bank to the payroll service's account. Employees are paid either by standard check or direct deposits the employer is then provided with payroll and tax reports. We provide some other kind of payroll services which is beneficial for companies as well as the employers also. In each area the tax planning is necessary to every person they take the advantage of the tax rebates and deductions. Some payroll services even offer the option of managing the employers tax payments, handling time and labor management issues, assisting with tax compliance, managing expenses, and even pre-screening assistance.
PBKS 4U serves the best payroll a service which is effectively manages the transactional functions of organizations payroll function. We give the best facilities to Outsourcing reduces the time professionals spend on transactional activities so that they can focus on value-added responsibilities. This enhances the efficiencies within the organization and takes the organization closer to its growth objectives. We also provide more facility in the payroll system these are as follows: ------
Customized pay slips
Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
Summaries and analyses of staff costs
Administration of incentive schemes, bonuses, and ex-gratia and termination payments
Completion of statutory forms, including year end returns, to issue to your employees and submit to the Inland Revenue.
