Payroll Management
BDO Northern Ireland offers a comprehensive payroll management service, which includes:
- The creation and maintenance of payroll records for each employee
- Liaising with your office to collect the base payroll data from which to process the payroll and expenses payments
- Calculation of Income Tax and National Insurance deductions
- Processing of fixed, variable and temporary amendments such as overtime, allowances, bonus payments, expenses, loans, advances etc
- Calculation of statutory payments and student loan payments
- Processing attachment of earnings orders
- Dealing with any online secure messages sent to us by HMRC in respect of your payroll
- The submission of National Insurance Number ( NINO) verification requests as appropriate to verify or obtain a NINO for a new employee
- Provision of forms P45 to leavers & processing of starters
- Processing employee share options
- The provision of monthly payroll & BACS reports to facilitate payments to your employees and HMRC
- Submission of all required reports under Real Time Information to include in year Full Payment Submission Reports ( FPS) and Employer Payment Summaries ( EPS)
- The provision of Employee Payslips ( secure /e-payslips if requested)
- The option of direct payments to your employees and related third parties such as HMRC and pension providers
- The option of bespoke journals to assist with your internal financial reporting requirements
- Year end compliance including the provision of forms P60, electronic submission of the final Full Payment Submission and Earlier Year Update ( EYU) if applicable