Why You Should Offer An Extra Service To Your Accountancy Practice Clients
Over the last few years, payroll has become more and more time-consuming for small and medium sized businesses, with the result being that many of them are now outsourcing their payroll to their accountants or to specialist payroll bureaus who can do everything for them. Large businesses with many employees can afford to employ a payroll specialist in-house, but when you only have ten, twenty, or fifty, that is not practical. At the same time, the payroll can become extremely complex and difficult to manage for a small enterprise. Different employees can have benefits which mean that their taxes differ from someone on the same wage doing the same job. A Sales team on commission have a different amount of income every month. Other staff members may do overtime. It can all get very complicated and can get on top of a staff member who was hired for a particular position, and then had to be trained up to carry out the payroll on a part-time basis, thereby also taking that employee away