Payroll Services

Lincoln: 01522 244310

Grimsby: 01472 286400

Managing payroll can be time-consuming and complex, but with Spence Accounting’s payroll services, you can leave the hard work to us. Our expert team ensures your payroll is processed accurately and on time, meeting all HMRC requirements while providing a seamless experience for both you and your employees.

Whether you’re a small business with just a few employees or a larger organisation, we offer a tailored solution to fit your needs.

What’s Included in Our Payroll Services?

Accurate Payroll Processing
Our team will process your payroll on an agreed schedule, ensuring your employees are paid correctly and on time. We handle all aspects of payroll, from calculating wages and statutory deductions to processing bonuses and annual leave.
HMRC Compliance
We take care of all payroll-related reporting to HMRC, including Real Time Information (RTI) submissions. You can rest assured that your business is fully compliant with UK payroll regulations.
Secure Payslip Distribution
As part of our commitment to sustainability, we provide secure, electronic payslips that can be emailed directly to your employees. This reduces paperwork, lowers your carbon footprint, and ensures confidentiality.

Customised Payroll Reports
Our service includes detailed payroll reports tailored to your business needs, giving you valuable insights into salary costs, tax liabilities, and more. These reports help you plan your finances with confidence.
End-of-Year Returns
We’ll handle your end-of-year payroll responsibilities, including the preparation and submission of P60s and any other required documentation, ensuring a smooth and hassle-free process.
Auto-Enrolment Pension Support
Our payroll services also include managing your workplace pension scheme auto-enrolment requirements. From employee enrolment to ongoing contributions, we’ll ensure compliance with pension regulations.

Why Choose Spence Accounting for Payroll Services?

Expertise You Can Rely On: Our experienced team stays up to date with the latest payroll regulations, giving you peace of mind.
Customised Solutions: We tailor our services to suit businesses of all sizes, ensuring you get the support you need.
Time and Cost Savings: By outsourcing your payroll to us, you’ll save valuable time and reduce the risk of costly errors.
Eco-Friendly Approach: Our use of secure, emailed payslips reflects our commitment to sustainability and reducing waste.
Full HMRC Compliance: We handle all submissions and documentation, so you don’t have to worry about missing deadlines or penalties.

The Benefits of Outsourcing Your Payroll

When you work with Spence Accounting for your payroll needs, you’ll enjoy:

We have an app for that!

As well as processing your payroll, our app allows your team to access payslips and update there personal details quickly. In addition as a manager you can maintain your staff’s annual leave requirements all in one place, reducing the need for additional software to manage this side of your business.

Our Payroll Services Are Tailored to You

At Spence Accounting, we pride ourselves on providing flexible payroll services that adapt to your business needs. Whether you require weekly, monthly, or bespoke payroll processing, we’ll work with you to deliver a service that fits seamlessly into your operations.

Contact Us for Professional Payroll Services

Start Simplifying Your Payroll Today

What about VAT

No, your turnover needs to exceed, or you know your turnover will exceed £85,000. This is over a rolling 12-month basis so it is important to keep an eye on your income.
You need to register for VAT within 30 days of going over or knowing you are going to go over the VAT threshold.
Yes, you can. It will depend on your business whether or not this is the best decision for you, please speak to our advisors or will be able to advise on the pro’s and con’s of being VAT registered.
Most items are rated at 20% for VAT. There are some exemptions to the rule and we would suggest speaking to one of our advisors to make sure you are charging the correct amount for your business.
Your VAT return has to be submitted electronically to HMRC. If you have exceeded the VAT threshold you will need to do this using software such as Quick Books or Xero.
You can now keep your records electronically. There are some exemptions to this like finance agreements that you will need to keep a paper copy. We do recommend that you keep copies of all receipts for purchases whether electronic or paper.
No, you do not have to keep your accounts using software. There are advantages to using software and as your business grows, being in good habits from the beginning will help you progress faster as you will already be well organised. If you want to talk through our software solutions one of our advisors can help you make the best decision for your business.