Staff wages and salaries often constitute a high percentage of business overheads. Hence it is very important to ensure tight controls and accurate payroll calculations. However, administering your own payroll can be complicated and time consuming, particularly in trying to ensure you are staying up to date with relevant tax and employment legislation.

Whatever the size of your business, Accounting Concepts can provide a comprehensive and confidential professional payroll service.

In addition to the basics that you would expect from a payroll service, that is, calculating the wages due to each employee and taxes payable to the Revenue, some of the extras available with our service at no additional charge to you include:

• Salaries paid by electronic fund transfer direct into your staff’s bank accounts
• Password protected payslips sent by email to individual employees
• Notification of changes to legislation that may affect you e.g. minimum wage, benefits-in-kind etc.
• Advice on offering improved remuneration and benefits to employees in a tax efficient manner for you

Despite the proliferation of cheaply available computerised payroll packages, it should be remembered that a knowledge of the tax and employment system is still required to ensure that you are using these packages correctly and meeting all other Revenue and legal requirements concerning the employment and remuneration of employees.

Accounting Concepts provide a low cost payroll service which will free your time from a burdensome administrative duty and allow you to concentrate more time on your core business.