Payroll
Payroll services offered by Apex Pro Advisors
Record maintenance of employees
Employee ID, Personal details, Education, Qualification, Increments, Benefits and etc.
Transaction details of employees
Employees attendance, statutory deductions, payroll taxes, benefits and etc.
Payroll calculation of each employee
Gross Pay, Net Pay, Social Security deductions, employment tax and other statutory deductions in accordance to the law.
Salary and Pay slips
Transfer of net salary to the bank account or preparation of pay slip with detail breakdown of deductions as specified by the law.
Submission of data to authorities
Submitting employee related data to relevant authorities such as social security authorities, revenue authorities and others in accordance with the law before the deadlines as mentioned by the authorities.
Transaction assistance
VCFO will use the knowledge on all vital transactions and will supplement your present finance department so that you can perform various tasks smoothly
UK Payroll System
Liaison with HMRC
HM Revenue and Customs (HMRC) system is the most important body regarding payroll. If you give us the authority to deal with the authorities, we will handle all the queries which they might have about your payroll. Our experts will make sure that queries are handled professionally and swiftly.
P45 for leavers
One of the aspects of payroll system is dealing with people who leave the employment. Our personnel will provide P45 for the leavers on your behalf.
Dealing with year-end reports and P60
P60 of each employee will be provided in accordance to the HMRC requirements.
Payments and Deductions
Employers follow PAYE system i.e. they deduct tax and National Insurance contribution from the employees’ wages or occupational pensions before paying them. Apex Pro Advisors will compute payrolls with accuracy to avoid any conflict.
Annual Reports
Annual report will be submitted to HMRC with details about expenses and benefits to give clear picture bout the taxes of the fiscal year.
USA Payroll System
Accessibility to critical reports
Our experts will create a system which can automatically create cash requirements, tax deposit notices and job costing. You will be able to view W2 and leverage real-time features.
Wages & Hours
Wages and overtime pay are computed in accordance with the rules prescribed by The Fair Labor Standards Act (FLSA).
401 (K) and Retirement services
Apex Pro Advisors has a team of professionals who have clear understanding about administering retirement plans for your employees and business. We will take care from enrollment to plan maintenance – streamlining your company’s retirement plan.
Taxation
All domains of US taxation will be taken into account to avoid any discrepancy i.e. Medicare Tax, Social Security Tax, Federal and State Unemployment Tax and Local Tax.
Most Popular Accounting Software
Benefits of Apex Pro Advisors Payroll Services
- Ensuring compliance with the tax and regulatory policies and procedures
- Calculating employees’ salary according to the compensation system
- Communicating with employees about the salary and keeping the organization payroll system transparent
- Processing online payroll systems efficiently
- Effectively managing of the payroll systems