Payroll Bureau Services
What is a Payroll Bureau?
For many organisations managing payroll internally impacts the running of the business. A payroll bureau specialises in providing payroll services for businesses of all sizes to help ease the strain on inhouse finance teams. Many companies opt to use a payroll bureau to enable them to benefit from the expertise of payroll professionals without the financial commitment of directly employing a payroll specialist.
What’s the difference between a payroll bureau and a fully outsourced payroll provider
A payroll bureau still involves a degree of in house processing requiring the input of internal finance, HR or financial admin teams. A fully managed payroll provider handles the entire payroll service, liaising with HRMC on your behalf and handling queries from your employees.
Mascolo & Styles – more than just a payroll bureau
Payroll bureaus manage just one aspect of payroll – as an employer you will still be responsible for employee enquiries and for collating and entering payroll data for a payroll bureau to process via a web portal or secure interface. At Mascolo & Styles we can offer this standard service, but so much more. If you choose a fully outsourced payroll service, all your payroll processes would be managed by our qualified team including:
· Collating payroll data
· Calculating employee overtime
· Maternity, holiday and sick pay
· Updating statutory payments
· Calculating National Insurance Contributions
· Designated management of employees queries
· Processing of new joiners and leavers
· Production of required HMRC returns / RTI
· Production and publication of all payslips
· Pensions Auto Enrolment and contribution calculations
· Production of P45s and P60s
· Professional payroll advice and support
Up to date with Legislation
At Mascolo & Styles our team will help ensure you are fully compliant with tax regulations and provide Real Time Information (RTI) to HMRC ensuring all deadlines are met, making our services a reliable and resource efficient choice. In addition to our payroll services we also offer full bookkeeping and accountancy services so that you can benefit from a seamless outsourced financial service for your business.
“Mascolo & Styles deliver the very best of their knowledge and expertise in their field, they really do offer a professional bespoke service.” Karen Balducci
Cost efficient
Transitioning to a fully managed payroll service rather than a payroll bureau might seem like a significant decision for businesses, but by fully outsourcing you will ensure business continuity, benefit from professional expertise and free up internal resources to focus on business critical operations. Fully managed payroll services cost less than you think, as a payroll specialist we benefit from economies of scale – it’s what specialise in, making our services a cost-effective option.
“We migrated to Mascolo & Styles on the recommendation of a business associate. It was a hard decision to make but after 3 years I can say I am glad we did. They are always very responsive and always happy to take calls and walk us through any issues.” Russell Tiller
Reduce Risk
At Mascolo & Styles we have a team of dedicated staff and resilience built into our services, clients don’t need to take into account staff absences as they would with internal payroll provision.
Accessible Advice
We pride ourselves on our customer service – just take a look at our reviews. Our team are friendly, professional and approachable, and always on hand to answer your questions.
“Nothing is too much trouble and they always look for the best most effective way to help your individual business.” Catherine Hodges
Get in touch
If you are ready to transition from a payroll bureau to a fully managed payroll service we would be delighted to talk to you about your options, and can offer bespoke packages to suit your businesses whether you have 1 employee or 1000. Call: O142O 544 444 for more information.
