Running a business already comes with enough responsibilities. You shouldn’t have to worry about whether your employees will be paid correctly or whether an important payroll detail has been missed.
With over 18 years of experience, our ICAEW & ACCA Chartered Accountants provide dependable payroll support to businesses across Stratford and East London, giving you the reassurance that your payroll is being looked after by experienced professionals you can trust.
Payroll involves more than paying employees each month. Employers need to manage accurate calculations, maintain employee records, meet reporting obligations, and keep up with workplace pension and statutory payment requirements.
Employees need to receive the correct wages after accounting for PAYE, National Insurance, pension contributions, and other deductions. Accurate payroll calculations help prevent incorrect payments and reduce the need for corrections.
Employers are generally required to report payroll information to HMRC through Real Time Information (RTI). Accurate and timely reporting helps keep payroll records up to date and supports ongoing compliance.
Payroll often includes workplace pension deductions and employer contributions. These need to be calculated and recorded correctly alongside employee pay and other payroll information.
Employees may qualify for statutory payments such as Statutory Sick Pay (SSP) or Statutory Maternity Pay (SMP). These payments need to be calculated according to the relevant rules and included correctly within payroll.
Stratford’s business community includes retailers around Westfield Stratford City, hospitality businesses along Stratford High Street, technology companies at Here East, and professional and creative businesses across The International Quarter (IQL). These businesses often have different workforce structures, from shift-based employees and part-time teams to salaried professionals and growing workforces.
Our experience allows us to understand these differences and the payroll challenges they can create. We consider your workforce, working arrangements, and business structure before recommending the right payroll approach for your business.
Every business has different payroll requirements, so we tailor our approach around your workforce, processes, and reporting responsibilities.
We review your workforce, pay arrangements, payroll frequency, pension requirements, and business needs to establish the right payroll process for your business.
We handle employee pay, deductions, payroll records, HMRC reporting, and changes such as new starters, salary adjustments, leavers, pension updates, and statutory payments.
As your workforce develops, we keep your payroll updated and adapt the process to your changing requirements, helping reduce administration and maintain consistency.
The result is dependable payroll support that gives you greater peace of mind while you focus on running your business.
Payroll is only one part of your wider financial management. As your business develops, we can also support you with:
These are just some of the services we provide. As your business grows and your financial requirements change, we can provide further accounting, tax, and advisory support tailored to your needs.
If payroll is taking too much time or you’re concerned about errors and compliance, speak to our experienced chartered accountants at MSCO Accountants.
We’ll review your requirements and explain how professional payroll support can give you greater accuracy, confidence, and peace of mind.
Payroll support can include calculating employee pay, PAYE, National Insurance, pension deductions, statutory payments, payslips, payroll records, and HMRC reporting.
This depends on how your employees are paid. Payroll may be processed weekly, fortnightly, four-weekly, or monthly.
Yes. We incorporate pension deductions into payroll and maintain the relevant payroll records.
Yes. We work with startups, small businesses, growing companies, contractors, and established employers across Stratford and East London.
Yes. We calculate the relevant PAYE and National Insurance deductions and manage the associated payroll reporting.
Yes. We manage the required Real Time Information (RTI) submissions as part of our payroll support.
