Streamlining your payroll process

Help

The payroll year-end is just around the corner, for all employers payroll is a critical aspect of their business that requires a lot of time, focus, and attention to detail if you have chosen to run your payroll in-house.

Every year, following your last pay run and before the 19th of April, you’ll need to send specific information to HMRC. This includes a final FPS and/or an EPS submission for the year. In addition, employees should be issued with their P60s by the 31st May.

If you outsource your payroll to professionals then this process will be streamlined and stress-free every year. However, if you are still doing this internally then here is the key information you need to prepare for a stress-free year-end.

How to prepare for payroll year-end

There is no escaping the fact that the advent of the financial year-end can be extremely stressful for those tasked with meeting its demands. The payroll process involves several important factors such as; noting any benefits or expenses, keeping on top of any potential tax liabilities, and of course running the year-end payroll itself.

Here are some steps it is important to follow to prepare for payroll year-end.

1. Check when your payroll ends

In some circumstances, your payroll might not end on week 52, and instead, you may need to complete an additional payroll. This will mean your payroll could end in weeks 53, 54, or week 56.

This happens if you process payrolls weekly, two-weekly, or four weekly. It can also happen if your usual payroll date falls on 5th April in any year ( of 4th April if its a leap year- 2024, 2028, and so on)

It is crucial you know exactly when your payroll ends in order to meet the deadlines provided by HMRC.

2. Check for leavers or new starters

If employees have left your business during the past year, or there have been new starters, now’s the time to check to ensure they’ve been processed. This might mean talking with managers and making sure clear lines of communication are open.

Once you start the new payroll year it is not easy to go back and fix mistakes if you have made any and you could be charged or fined for these mistakes.

3. Send your final FPS/EPS of the year

After you have worked out when your payroll is due and have made any relevant employees’ leavers it is now time to send your final FPS and, if required EPS.

The deadline for this is the 19th of April.

4. Process your year-end

Now is the time to process your year-end and produce your P60s. , You have completed the payroll year-end process! But don’t forget you need to get ready to start processing payroll for the new tax year as soon as possible.

Missteps or mistakes in any of these processes can have severe consequences for organisations with the threat of legal or financial repercussions from HMRC.

Many businesses find themselves with outdated and inefficient systems which make this process harder and the payroll year-end can end up costing businesses a significant amount of time and money each year. That’s why we always recommend outsourcing your payroll services to a team of professionals who have the time, knowledge, and systems needed to streamline this process for you. Pierce Accountants ensure your organisation is ready to meet your commitments in the upcoming tax year.

Common payroll mistakes and implications.

Manual processing with spreadsheets or other basic tools can seem a cheap option, and it may be adequate for very small businesses. But it’s time-consuming and error-prone, and the complexity and risks increase as your business expands and you add more employees.

Some of the most common payroll mistakes are:

  • Processing payroll and paying staff late
  • Processing payroll incorrectly
  • Inadequate backup systems
  • Not enough trained staff
  • Inexperienced payroll set-up
  • Missing deadlines
  • Not understanding/applying legislation correctly
  • Missing manual amendments
  • Not claiming the employment allowance
  • Not assessing for apprenticeship levy

Some of the implications of making these mistakes are:

  • Financial costs
  • Impacts staff retention
  • Affect productivity levels
  • Damage your company reputation
  • Named and shamed by HMRC on Gov.UK
  • Payroll providers automate many of the labour-intensive aspects of payroll, thereby reducing the mistakes that commonly result from manual calculations and data entry.

When doing this manually there’s no built-in mechanism to avoid mistakes, stay up to date with regulations or protect confidential information. That’s why it generally makes sense for growing businesses to automate the process using technology from software or a payroll service provider.

How to streamline your payroll process

By outsourcing your payroll to a team of professionals you no longer need to dread your payroll year-end or worry about making any mistakes. Payroll professionals help you have a stress-free year every year and leave you to concentrate on growing your business.

However, this is not the only benefit of outsourcing your payroll, payroll professionals also help you maximise your opportunities for the next tax year, update your systems to make sure they are as effective as possible and train your staff to use them confidently.

This can lead to an increase in employee satisfaction and a decrease in employee queries.

If you answer yes to any of the following questions then we can help you streamline your process.

  • Is your business growing but you’ve outgrown your existing methodology?
  • Are payroll administration and compliance becoming a nightmare for your team?
  • Do you need to get back time to focus on your core activity?
  • Is your existing provider letting you down?

Why should you outsource your payroll to Pierce Accountants?

Simply because we care!

We take time to understand your business and your data to ensure we can do as many sense checks prior to processing. We go the extra mile to help by:

  • Assisting in employee tax queries
  • Providing updates on legislation changes that impact you, your business, and your employees Going beyond processing - we ask questions if something looks incorrect Offering additional solutions such as e-payslips, Payrolling Benefits in Kind, providing nominal journals & bespoke reporting
  • Managing the full handover, and offering a smooth transition for you and your staff. We understand that you don’t want your employees to feel the effect of changing payroll providers - The experience will be positive.
  • Visiting your business during the implementation period to better understand your needs and requirements Arranging annual meetings so that you can meet with your dedicated advisor, and hear about our latest developments

Contact our Payroll specialists today

Enjoyed this? Read more from Pierce CA Ltd

Latest news

1

Post Office future secured as council explores new options Abington Street Post Office

Post Office future secured as council explores new options

17 Sep 2025

2

Airframe Designs supports new defence strategy with pledge to nurture talent Jerrod Hartley

Airframe Designs supports new defence strategy with pledge to nurture talent

17 Sep 2025

3

Fox Group makes second acquisition since Stellex Capital backing Roger Thistlethwaite, managing director NMS Civil Engineering Limited. Paul Fox, CEO Fox Group. John Flood, Executive Director Fox Group

Fox Group makes second acquisition since Stellex Capital backing

17 Sep 2025

4

Villa at Wrea Green bought for £3.6m by Haythornthwaite family The Villa Wrea Green courtesy of The Villa Wrea Green

Villa at Wrea Green bought for £3.6m by Haythornthwaite family

16 Sep 2025

5

Fourth Lancashire Bodycare store to shut Nick Holloway of administrators Interpath

Fourth Lancashire Bodycare store to shut

16 Sep 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
LBV124 September/October Launch Event
MBP Arc Cinema Preston Opening 205
Networking
18 Sep 2025

LBV124 September/October Launch Event

The Arc Cinema, Preston, PR1 2BL

08:30 - 10:30

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Ladies Lunch
Lancs-cham-logo.jpg.jpg
LBV Hub Networking
18 Sep 2025 - 18 Sep 2025

Ladies Lunch

Lancaster Golf Club, Lancaster, LA2 0AJ

12:00 - 16:00

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

Preston Freelancer Meet-Up: September
Sept Freelancer (1).png.png
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Preston Freelancer Meet-Up: September

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Your Business, Your Region: Making sense of devolution and Local Government Reorganisation
Chorley Council breakfast event new
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Your Business, Your Region: Making sense of devolution and Local Government Reorganisation

Worden Hall, Leyland, PR25 3DH

08:00 - 11:00

Speed Networking with BNI
2.png.png
LBV Hub Networking
24 Sep 2025 - 24 Sep 2025

Speed Networking with BNI

Chorley Football Club, Chorley, PR7 3DU

16:00 - 19:00

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) drop-in day
MTD drop in session.jpg.jpg
LBV Hub Seminars
25 Sep 2025 - 25 Sep 2025

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) drop-in day

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) drop-in day, Blackburn, BB1 5QB

10:00 - 16:00

The Marketing Metrics That Matter – Sept 25
Metris 25.09.png.png
LBV Hub Seminars
25 Sep 2025 - 25 Sep 2025

The Marketing Metrics That Matter – Sept 25

Door4 Office, Burnley Wharf, Burnley, BB11 1JG

09:00 - 11:00

The Marketing Meetup IRL: Lancashire - September
TMM Lancashire
LBV Hub Networking
25 Sep 2025 - 25 Sep 2025

The Marketing Meetup IRL: Lancashire - September

Chorley, PR7 2SL

18:00 - 20:00

Help to grow management course
Help to grow - barriers to growth.png.png
LBV Hub Seminars
26 Sep 2025 - 16 Dec 2025

Help to grow management course

Preston Campus , Preston , PR1 2HE

09:00 - 15:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin