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  • info@wagespreparedforyou.co.uk
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www.payrollforaccountants.co.uk

Simplify Payroll for Your Practice in Two Ways…

 

We handle your staff’s wages, freeing up your valuable time for what truly matters – delivering top-notch accounting services for your clients and growing your business. By entrusting wage management to experts, you also cut down on staffing and training expenses. Learn more about how we manage employee wages for your business here.

Image of a payslip, calculator and pencil.

 

As you’re well aware, accounting and payroll go hand in hand. You might already be handling your clients’ payroll alongside their accounting and bookkeeping needs. While it’s common for accountants to offer payroll services, it often becomes more of a hassle than it’s worth. The responsibility of accurately calculating wages and ensuring compliance with regulations can overwhelm your workload. This is where our “white label” payroll service comes in; a specialist payroll service for accountants.

By outsourcing your clients’ payroll to us, our ‘white label partner’ approach allows you to continue offering comprehensive accounting and payroll services without the stress of managing it all on your own. From your clients’ perspective, you’re seamlessly processing their wages to the highest standard. Behind the scenes, our experienced team takes care of everything. At the end of each billing cycle, you pay a reasonable fee to us based on the number of employees paid. You can then invoice your clients as usual, adding your own mark-up.

We commit to a strict non-poaching agreement, ensuring you remain the main point of contact and retain your client database. We won’t communicate directly with end users of our payroll service unless instructed by you.

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We can liaise directly with your clients if preferred. For instance, wages@yourdomain.co.uk can route directly to our office, and we can communicate using the same email address. (We could also use the same email address for details of tax code changes etc from HMRC.) If your phone system allows, when a client calls about wages, you can put the call through to our wages team. If you use a client portal, we can access it to exchange wage information.

Various collaborative options can provide a dependable wage service for your clients, all behind the scenes. Our white-label solution empowers you to offer more at lower costs, expanding your business, elevating profit margins, and concentrating on your expertise.

Alternatively, you can inform clients that you collaborate with us for wage processing. In this setup, we contract directly with your client (making them our mutual client). After each payday (with client consent), we furnish you with reports and .csv data for your accounting system.

Payroll For Accountants is a specialist service within the Wages Prepared For You portfolio, aimed at meeting the specific needs of accountancy and book-keeping professionals.

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Streamlined Payroll Management for Your Team

We handle your staff’s wages, freeing up your valuable time for what truly matters – delivering top-notch accounting services for your clients and growing your business. By entrusting wage management to experts, you also cut down on staffing and training expenses. Learn more about how we manage employee wages for your business here.

Let us process your client payrolls

As you’re well aware, accounting and payroll go hand in hand. You might already be handling your clients’ payroll alongside their accounting and bookkeeping needs. While it’s common for accountants to offer payroll services, it often becomes more of a hassle than it’s worth. The responsibility of accurately calculating wages and ensuring compliance with regulations can overwhelm your workload. This is where we can help! Either you refer your clients to us for us to provide a payroll and wages service directly for your clients, we were do all the payroll work behind the scenes with our “white label” payroll service.
Payroll might not be the most profitable or appealing aspect of accountancy and finance, but many small to medium-sized practices find it advantageous to outsource for several reasons: Payroll complexities have grown, especially with Real Time Information (RTI) and Automatic Enrolment for pensions. Practices consider whether to keep this service in-house. Accountancy fees yield more profit than wage calculation. By using payroll experts to administer client payroll you free up your experienced accounting staff to focus on fee-earning tasks while maintaining control over clients.