Best way to do own payroll?

[Mortgage_tom]

Id like to be able to do my own payroll.

3 companies with 1 employee.

Best done direct with HMRC or a 3rd party provider?


Ideally Id like it setup as automatic, the same each month and a direct debit payment for the tax. Is this possible?

[Eric Mc]

Mortgage_tom said:

3 companies with 1 employee.

Should that not be one company with three employees?

[Rufus Stone]

Moneysoft

[Countdown]

I use Iris Payroll Basics which is free for 1 company/10 employees. It's not the most user friendly system in the world and it helps if you have some payroll knowledge. on the plus side it's free.

[Mortgage_tom]

Eric Mc said:

Should that not be one company with three employees?

hahaa no, thats right.

Currently paying £150 per company per year.

Edited by Mortgage_tom on Thursday 7th April 16:26

[Mortgage_tom]

Countdown said:

I use Iris Payroll Basics which is free for 1 company/10 employees. It's not the most user friendly system in the world and it helps if you have some payroll knowledge. on the plus side it's free.

Is that desktop software or browser login?


Im guessing if its desktop I cant have 3x logins for 3 companies.

[Mortgage_tom]

Countdown said:

I use Iris Payroll Basics which is free for 1 company/10 employees. It's not the most user friendly system in the world and it helps if you have some payroll knowledge. on the plus side it's free.

That'll cost me £180 a year....not worth the hassle vs what Im paying now.

[Mortgage_tom]

Anyone used 12 Cloud Payroll?

Or just the HMRC Basic PAYE Tools?

Edited by Mortgage_tom on Thursday 7th April 16:36

[Countdown]

Mortgage_tom said:

Countdown said:

I use Iris Payroll Basics which is free for 1 company/10 employees. It's not the most user friendly system in the world and it helps if you have some payroll knowledge. on the plus side it's free.

That'll cost me £180 a year....not worth the hassle vs what Im paying now.

It's free. Are you looking at one of the paid versions?

https://www.iris.co.uk/products/iris-payroll-basic...

[Mortgage_tom]

Countdown said:

It's free. Are you looking at one of the paid versions?

https://www.iris.co.uk/products/iris-payroll-basic...

Replied to the wrong one. Was meant to be a reply to Moneysoft being suggested.

[MaxFromage]

When you add in the yearly setup and closedown etc, is it really worth your time to DIY?

[Doofus]

MaxFromage said:

When you add in the yearly setup and closedown etc, is it really worth your time to DIY?

Plus the risks of getting it wrong.

[Mortgage_tom]

It’s to do directors salary under tax threshold, fairly simple.

[MaxFromage]

HMRC basic tools will be fine then- no payslips etc. Get the payrolls set to yearly submissions.

[Rufus Stone]

Mortgage_tom said:

Replied to the wrong one. Was meant to be a reply to Moneysoft being suggested.

You asked for the best way, not the cheapest way.

[Dr Interceptor]

I use HMRC Basic Tools - a bit clunky but does all you need including payslips (which it never used to do). One company with six staff on payroll.

[N88]

Honestly I would engage a payroll bureau, it will be low cost for such a simple set up and is not worth the hassle - IMO.

ETA - why do you want to do it yourself out of interest?

[juice]

We're small (15 FTE) subsidiary of an offshore entity and we use Brightpay. Seems to work fine.

Head office uses Dynamics for payroll which is fine for the larger org but maybe a sledgehammer to crack a nut !

[Beetnik]

I run a payroll bureau and we see the howlers that diyers sometimes make. Seriously, you're far better off spending your time doing what you know best than wasting it doing payroll, especially for the sake of a few £00.

[catcha]

Moneysoft for me. 10+ years using them, really straightforward. Just enter the data and it does it all for you. 1 company and 10 employees