You can choose to pay your employees weekly, fortnightly, or monthly. Income tax and National Insurance must be paid either monthly or quarterly, with quarterly payments limited to a maximum of £1,500.

To complete their payroll, there is some information you’ll need to make sure you have on your employees, including:
Title
Full name
Address
NI number
Date of birth
Start date
Payroll frequency
Tax code
Job title
Annual salary or hourly rate

If you choose to pay income tax and national insurance monthly, then the money is always due on the 19th of the following month. For a quarterly payroll, it always runs per tax year, and there are four set quarters in each tax year, which are:

1st quarter: April, May, and June - pay by 19th July.

2nd quarter: July, August, and September - pay by 19th October.

3rd quarter: October, November, and December - pay by 19th January.

4th quarter: January, February, and March - pay by the 19th April.

Payroll Outsourcing

Small businesses spend around six hours each month handling payroll time that could be better spent growing your business.

Payroll outsourcing is the solution. Let the expert accountants at Oakstone Accountants manage the process for you with our online payroll services.

Outsourcing payroll also reduces the risk of costly mistakes, as the entire process is handled by qualified accountants.

How does our online payroll service work?

  • Our Payroll Manager will liaise with you to set up your payroll
  • We calculate your payroll as often as you need
  • We email your staff’s payslips
  • We tell you what to pay your staff
  • We tell you what to pay HMRC
  • We handle all RTI submissions to HMRC on your behalf

We will do your payroll as well as:

  • Bookkeeping
  • Monthly Management Accounts
  • VAT Returns
  • Statutory End of Year Accounts
  • Corporation or Partnership Tax Return
  • Self Assessment Tax Return
  • Customer Invoicing

Why choose Oakstone Accountants for payroll outsourcing?

Payroll is time-sensitive, and ensuring your employees are paid on time is crucial. With Oakstone Accountants, all you need to do is liaise with your dedicated Payroll Manager, we’ll handle all payroll compliance for you. From payslips, P60s, P11Ds, to Real Time Information (RTI) filings, we take care of it all. Your payroll information is reviewed by your personal accountant, giving you complete peace of mind.

We manage everything from calculating payroll to distributing payslips so you can avoid costly mistakes. Our friendly team uses software fully compatible with HMRC’s Making Tax Digital (MTD) and RTI. Starting from just £5 per payslip, our service offers excellent value for money.

Stress Free Accountancy Service

At Oakstone Accountants, we understand the challenges of running a small business. Our monthly accounting services subscription helps take some of that stress off your hands. We support start-ups, sole traders, small businesses, freelancers, and limited companies with their monthly accounts.

Our monthly payroll service is just one of the many features included in the subscription.

Enjoy a single monthly fee with no hidden costs, backed by exceptional customer support from our expert team of qualified accountants.