COMPANY PAYROLL SERVICES.
This the automatic calculation
of an Employee’s
wages or salary during the Fiscal Year (Tax Year from April to
April). There are a number of problems that can ensue using
a manual system and I am a great believer of using the computer
to complete such a tiresome and tedious task. The Computerised
Payroll Service takes away the worry of miscalculations and if
nothing else it can always cast numbers correctly.
There are always Employees that
have Student Loans, Statutory Sick Pay Statutory Maternity
/ Paternity Pay, some are over retirement age and companies
can be Contracted Out or have Salary Based Pension Contributions etc. No
problem, merely a tick in the box, or supply of some basic information,
is all that is required and the relevant calculations and done