Payroll Services
for UK Businesses
Comprehensive payroll services to streamline your operations, ensure compliance, and free up your time to focus on growing your business.
100%
HMRC Compliance
99.9%
Accuracy Rate
1000+
Happy Employees
Employee Payslip
May 2025
Employee
Sarah Johnson
Employee ID
EMP00123
Pay Period
01/05/25 - 31/05/25
Tax Code
1257L
Verified
Comprehensive Payroll Services for UK Businesses
When it comes to payroll services, businesses must adhere to various requirements and regulations to ensure accurate and compliant processing of employee wages. Payroll accounting involves the recording and tracking of financial transactions related to employee compensation, including salaries, bonuses, taxes, and benefits.
As an employer, you have a legal obligation to operate PAYE on the payments you make to your employees, even if you're the only person working in your business. If you run a one-person limited company, you'll be both an employer and an employee, requiring calculations for both Income Tax and National Insurance contributions.
- Real-time PAYE information reporting to HMRC
- Processing new employees and leavers (P45, P46)
- Year-end reconciliations and P60/P35/P14 processing
- Secure payslips and BACS processing
Key Benefits of Our Payroll Services
Discover how our professional payroll services can transform your business operations and ensure compliance.
Comprehensive Payroll Processing
Our end-to-end payroll service handles everything from calculating wages and tax deductions to producing payslips and making payments to employees.
Real-Time Information (RTI) Compliance
We ensure your business remains fully compliant with HMRC's Real-Time Information requirements, submitting accurate reports on time, every time.
Auto-Enrolment Pension Management
Navigate the complexities of workplace pension regulations with our complete auto-enrolment service, from setup and administration to ongoing compliance.
Statutory Payment Administration
We handle all aspects of statutory payments including sick pay, maternity/paternity pay, and shared parental leave, ensuring accurate calculations and timely processing.
Real-Time Information (RTI) Compliance
Most employers now report PAYE information to HM Revenue & Customs (HMRC) in real time. This means that employers (or their accountant, bookkeeper or payroll bureau) must:
RTI Filing Requirements
- • Use payroll software to send information electronically
- • Send details to HMRC every time employees are paid
- • Submit information at the time of payment
- • Ensure timely submission of Full Payment Submissions (FPS)
- • Complete Employer Payment Summaries (EPS) when needed
- • Process corrections quickly to avoid penalties
Our RTI Service Features
- • Advanced payroll software implementation
- • Automatic RTI submission with each payroll run
- • HMRC compliance monitoring and updates
- • Error detection and correction services
- • Year-end reconciliation and reporting
- • Regular compliance reviews and audit support
Our payroll services take the worry away of needing to employ staff with specialist knowledge. We provide a timely, accurate and flexible service designed to meet your needs, ensuring full compliance with all HMRC requirements while freeing up your time to focus on your core business.
By partnering with our experienced professionals who understand the intricacies of payroll accounting, audits, annual reports, and processing requirements specific to London and Croydon, your business can streamline operations while ensuring compliance with all local laws and regulations.
Our Payroll Management Process
A streamlined approach to payroll that ensures accuracy, compliance, and efficiency for your business.
Data Collection
We gather all necessary employee information, hours worked, absences, bonuses, and any changes to staff details.
Processing & Calculation
We accurately calculate pay, taxes, deductions, and benefits while ensuring compliance with current legislation.
Reporting & Submissions
We generate payslips, submit RTI to HMRC, process pension contributions, and handle all statutory requirements.
Review & Support
We provide ongoing support, answer queries, and keep you updated on any changes to payroll legislation affecting your business.
Why Outsource Your Payroll?
Outsourcing your payroll to Golden Tree Consulting offers numerous advantages that can transform your business operations, reduce costs, and minimize risk:
Cost and Time Efficiency
Reduce the need for in-house payroll staff and specialized software. Our services typically cost less than maintaining an internal payroll department while saving you valuable time.
Compliance Assurance
Stay compliant with ever-changing tax laws, employment legislation, and reporting requirements. We keep up with all regulatory changes so you don't have to worry about costly penalties.
Data Security
Benefit from enhanced data security with our advanced systems and protocols. We invest in robust security measures to protect sensitive employee and financial information.
Expertise & Support
Access payroll specialists with years of experience handling complex payroll scenarios. Our team stays up-to-date with the latest payroll developments and best practices.
Strategic Business Focus
By outsourcing your payroll functions to our expert team, you free up valuable time and resources to focus on your core business activities and strategic growth initiatives. Let us handle the complexities of payroll while you concentrate on driving your business forward.
Specialized Payroll Services
Pension Auto-Enrolment
Complete management of workplace pension schemes, from initial setup and employee assessment to ongoing contributions and communications, ensuring compliance with The Pensions Regulator.
Benefits Administration
Management of employee benefits including healthcare, childcare vouchers, cycle to work schemes, and other salary sacrifice arrangements, with appropriate tax treatment.
Statutory Payments
Expert handling of all statutory payment types including Sick Pay (SSP), Maternity Pay (SMP), Paternity Pay (SPP), Adoption Pay (SAP), and Shared Parental Pay (ShPP).
Construction Industry Scheme
Specialized CIS payroll processing for construction businesses, including verification, deduction calculations, monthly returns, and statements for subcontractors.
Comprehensive Reporting
Our payroll service includes detailed reporting to help you maintain financial clarity and make informed business decisions. We provide customized payroll reports, including departmental analysis, cost center breakdowns, absence tracking, and more, tailored to your specific business needs.
Gain valuable insights while ensuring full compliance with all regulations
Ready to Transform Your Financial Strategy?
Our expert team provides tailored financial guidance to help your business thrive. Book a consultation today and experience the Golden Tree difference.
Nikita Vorontsov
Vorontsov Consulting Services LTD
"Partnering with Golden Tree Consulting has been one of the best decisions for us. Their financial strategies have significantly reduced our expenses and their exceptional communication keeps us well-informed."
Frequently Asked Questions
Common questions about our payroll services.
What is included in your payroll services?
Our comprehensive payroll services include: calculating employee wages, processing tax and National Insurance contributions, handling statutory payments (sick pay, maternity/paternity pay), producing payslips, administering PAYE, submitting Real-Time Information (RTI) to HMRC, managing pension contributions, producing P60s at year-end, and processing P45s for leavers. We can also provide BACS payment services and tailor our offering to your specific business needs.
How does Real-Time Information (RTI) reporting work?
RTI requires employers to submit PAYE information to HMRC at the time employees are paid, rather than at year-end. Our service ensures full compliance with RTI by: 1) Submitting Full Payment Submissions (FPS) each time you pay employees, 2) Filing Employer Payment Summaries (EPS) when necessary, 3) Handling any corrections or adjustments needed, and 4) Ensuring all submissions meet HMRC deadlines. This eliminates the risk of penalties for late or incorrect filings.
How do you handle workplace pension auto-enrolment?
We provide complete auto-enrolment pension support including: 1) Assessing employees to determine eligibility, 2) Setting up and configuring your workplace pension scheme, 3) Calculating correct contribution amounts for both employer and employees, 4) Processing opt-ins and opt-outs, 5) Communicating necessary information to employees, 6) Submitting data to pension providers, and 7) Ensuring ongoing compliance with The Pensions Regulator requirements. This comprehensive approach takes the complexity out of pension management.
What happens at the end of the tax year?
At the end of each tax year, our service includes: 1) Reconciling your payroll accounts, 2) Producing and distributing P60 forms to all employees, 3) Submitting final Full Payment Submission (FPS) to HMRC, 4) Processing any necessary year-end adjustments, 5) Preparing for the new tax year including updating tax codes and thresholds, and 6) Implementing any relevant changes to payroll legislation. We handle the entire year-end process, ensuring a smooth transition to the new tax year.
