Payroll solutions

No matter who handles the payroll for your business, it’s never going to be a walk in the park.

Payroll can be complicated, expensive and it needs to be well managed. So how do you decide whether it’s best to outsource your payroll or do it in-house?

Payroll challenges for small business

Small businesses can be overwhelmed by the responsibilities that come with payroll. Tax requirements need to be considered and the fines for failing to meet them are usually hefty.

Another common issue for businesses is scale. With revenue growth often comes an increase in staff what is the best use of your time?

Doing the payroll can be frustrating for many small business owners because it can take lots of work to complete and has so many moving parts. There are also many ways to make errors, and tax requirements can be a minefield. Confidentiality is vital – data needs to be kept safe and secure.

It’s a fact that preparing payroll is one of the more complex aspects of small business accounting.

Payroll solutions

However, technology advances mean that payroll software has come a long way in the last few years. There are many choices available that may well fulfil your needs, but what outsourcing it to a third party? How much does it cost?

As with any service, prices vary dramatically so resource several options. Check out our costs and talk to us if we can help with your payroll – our services are professional and cost-effective – why not take the Omni Accountancy Price Challenge today!