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Did you know?

Facts about Moorepay Payroll Services

We are proud to say we have helped our clients with their HR & Payroll. However, there are many companies that may not be aware of HR legislation, have insufficient resources to carry out payroll and more.

  • A 2010 study by Microsoft found that 70% of business owners lack expertise to process their payroll in-house.
  • Over 50% of UK employees have been paid incorrectly.
  • 33% of businesses make payroll errors.
  • 58% of companies with 500 employees or less already outsource their payroll.
  • 69% of accountancy professionals recommend outsourcing payrolls.
  • Late payments to HMRC can incur a payment penalty of 5% of the total amount to be paid, another 5% if it’s over 6 months late, and another 5% if it’s 12 months overdue – can you afford another 15%?
  • HMRC can issue fines of up to £3,000 per company for bad record and bookkeeping.
  • Indications are that HMRC are to target small businesses keeping inaccurate trading records dating back over the past six years. 

Payroll is often complex, time consuming and daunting. Let us take the strain and keep your systems in shape. 

 

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For more information on Moorepay

To find out more about how Moorepay can help your business please call 0845 184 4615 or fill in our short enquiry form.