I am hoping to offer payroll but cant decide on pricing. Is there anyone on the forum who is offering payroll in the West Country as our rates are lower than the average.
I'm thinking of £2.00 per payslip per month with a minimum of £5 with a discount for large payrolls due to economies of scale. Most of the time spent on a small payroll is turning the computer on, waiting for it to load and load the program!!!!
As a guide one of my clients uses their accountant and they charge £100 per quarter and the company has 11 regular plus 3 casual employees which is approx 2.26 per payslip per month
Our local community centre has 4 part time employees who are paid monthly only 1 earns enough to pay income tax and they are being charged £40 + VAT (which they cant reclaim) per month from a local accountant. I think this is a total rip off. I told them I would like to give them a quote when the annual renewal comes up in January but dont know how much to quote. Dont want to rip them off but dont want to look as if I am too desperate.
The cost tends to be with one employee - additional employees don't cost the same. Would you really do payroll for one employee for £2 p/m?
You should perhaps focus on the value that you provide to the client. I know that it takes us very little time to do payroll for a client compared with how much time they could spend doing it themselves. But just because it doesn't take us long, that doesn't mean that we should charge a low amount.
The local community centre example does sound rather expensive, we would probably charge £20 + VAT. If they used, for example, the Revenue disk, they would still have to do payslips. We would offer to do everything, including provide payslips in PDF format and summary of PAYE due. We don't usually charge for leavers or starters either.
We would offer to do everything, including provide payslips in PDF format and summary of PAYE due. We don't usually charge for leavers or starters either.
Does your price include the year-end filing and payments to the HMRC or do you offer this as a seperate service and complete the payroll on an information basis only (ie you email the PDF payslip, PAYE report to the client and it is their responsability to make payment to employee and HMRC).
