Payroll and CIS Returns Support Leicester

If the worry of payroll is something you'd like taken off your hands each month, get in touch and we'll sort it all out for you. Our prices start from as little as £8 per month per employee or director.

In a nutshell, a monthly payroll means that your employees get paid their regular monthly salary monthly on a date that you specify in the employment contract. This might seem obvious, but there’s a lot more to payroll than meets the eye! Not only is payroll the list of company employees, but it also outlines the amount of money that’s due to be paid to each employee. This includes salaries, bonuses, wages, commission, deductions and statutory payments.

Why choose monthly payroll over weekly payroll?

Reduced Payroll Costs: Running payroll once a month, as opposed to bi-weekly or weekly, requires less time and effort, leading to cost savings for the company. These savings can be allocated to other essential areas of the business.

Enhanced Predictability: Monthly payroll provides greater predictability for payroll expenses and cash flow. With a full month to track employees’ wages, you can more accurately forecast payroll costs for the following month, simplifying financial planning and budgeting.

Simplified Payroll Deductions: Monthly payroll simplifies the calculation of withholdings for various employee benefits, such as health insurance premiums. This eliminates the complexities associated with bi-weekly pay periods, where deductions may vary due to differing pay schedules.