Moughal Solutions

As part of the continued expansion of Moughal Chartered Certified Accountants, Moughal Solutions Limited was formed to offer clients specialist assistance on VAT, payroll, bookkeeping and management accounting matters.

Payroll

Would you prefer to free your time by delegating your payroll processing to a professional bureau ?

As payroll becomes more and more complex, time consuming to process and expensive to operate, many businesses are now outsourcing this tax administration function to a specialist payroll bureau. This bureau is then responsible for wages processing, PAYE/NIC technical aspects, all IT issues, stationery procurement and maintaining the general confidentiality of this sensitive information.

We offer a complete payroll bureau facility, to free your time and allow you to concentrate on running your business:

• You advise us of the gross pay, for a weekly, fortnightly, four weekly, monthly or quarterly pay period. We calculate the net pay, supply you with security payslips and advise you how much PAYE and NIC to pay the Inland Revenue,
• Advising you in relation to the legal requirements for offering your employees access to stakeholder pensions,
  
• Preparing all necessary forms P45s, when an employee leaves,
  
• Preparing end of year returns P35 and P60/P14's, before filing these with the Inland Revenue in advance of the statutory deadlines,
  
• Arranging for your employees to be paid by BACS, or other electronic means,
  
• Providing ongoing ad-hoc support for all of your wages queries,
  
• Performing PAYE/NIC healthcheck reviews, prior to a control visit,
  
• Preparing forms P11d and calculating the resultant class 1a NIC liability,
  
• Advising you in relation to the payroll implications of IR35,
  
• Advising you of the journals necessary to update your computerised accounting records,
  
• Tax efficient remuneration planning.

As well as releasing your time and ensuring the quality of wages administration, outsourcing this function will usually save you money. We will be responsible for software updates, purchasing stationery and staff absenteeism cover. We will also ensure that you pay no more PAYE/NIC tax than you absolutely have to.