At MK & CO Services Ltd, we offer a complete managed payroll service designed to streamline payroll processing for employers and directors. Our expert team ensures that your payroll is accurate, timely, and fully compliant with all regulations, taking the burden off your shoulders so you can focus on growing your business. Whether you’re a small business owner or a large enterprise, we provide tailored payroll solutions that cater to your specific needs.
We handle the entire payroll process from start to finish, including calculating salaries, bonuses, overtime, and other employee benefits. Our system ensures accurate and timely payment for your employees, reducing the risk of errors or delays.
Our payroll service includes accurate calculations for income tax and National Insurance contributions, ensuring compliance with the latest tax laws. We also ensure that your business meets all HMRC deadlines to avoid penalties.
We provide detailed payslips to your employees and maintain comprehensive records of each payroll run. These records are available to you at any time for review or auditing purposes.
We ensure compliance with auto-enrolment regulations by managing your employees’ pension contributions and schemes. We work with you to ensure all necessary pension data is submitted and contributions are processed correctly.
Our team manages statutory sick pay and statutory maternity pay, ensuring that these benefits are paid correctly and in line with current legislation.
We take care of all the necessary submissions to HMRC, including Real Time Information (RTI) reports, ensuring your payroll is compliant with the latest tax laws. We handle PAYE, NICs, and other deductions efficiently to avoid any risk of non-compliance.
At the end of the tax year, we prepare and submit P60s and other necessary reports to HMRC, ensuring your business meets all year-end requirements.
We understand that each business is unique, which is why we offer customized payroll services to meet your specific requirements, whether it's handling complex pay structures, managing multiple locations, or integrating with your existing HR systems.