Payroll and auto enrolment are related services that businesses may use to manage their employees' pay and pension contributions.
Payroll is the process of calculating and processing employee pay, including deductions for taxes, national insurance, and other benefits. This may involve keeping track of hours worked, calculating overtime and processing bonuses or commissions. Payroll also involves ensuring that wages and salaries are calculated accurately, payslips are sent to employees and payroll returns sent to HMRC on time.
Auto enrolment is the process of enrolling eligible employees in a workplace pension scheme. Under UK law, most employers are required to offer a workplace pension to their employees and automatically enrol them in it. Employers normally have to contribute to their Employees' pension too. Employees can choose to opt out of the scheme if they wish, but this process must be done properly to avoid costly fines. .
Many businesses use our payroll bureau services to ensure that employees are paid accurately and on time, to provide a workplace pension and to meet their reporting obligations.