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 from doing something that contributes to the profitability of the business. After all, payroll for any business is simply an overhead.

Then there is always the possibility of the said staff member going sick at the wrong time of the month, or even leaving the company.

They Just Want To Get Rid Of The Job

These are just some of the reasons why so many businesses are outsourcing their payroll. They just want to get rid of the whole job – lock, stock, and barrel.

And these are also reasons why, as an accountant, you should offer payroll services to your clients. When you do that, you are offering your clients a service that many of them want, and you are adding another steady stream of income to your business as well. You get paid once a month instead of just doing the books and getting paid once a year. It can also be a way of obtaining new clients who had not thought of using your services before, if you can offer them this as well.

The even better news is that you can do all this without actually doing the work! At Pay Check, we provide payroll outsourcing services for accountants.

Yes. Not only can we do your own payroll for you if you wish, but our payroll outsourcing services for accountants can be set up to do the payroll of your clients as well. Many of your clients will be delighted to get rid of the job, and you can earn extra income for no work!

Location: London, UK

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