Professional Payroll Services
for Your Business
Welcome to Ultra Tax Ltd, your premier accountants for comprehensive payroll services and PAYE management solutions in the UK. Our dedicated team of payroll experts is committed to ensuring that your payroll processes are seamless, accurate, and compliant, regardless of whether you’re a sole trader, partnership, or limited company.
At Ultra Tax Ltd, we understand the complexities involved in payroll management, from calculations and payslips to Real Time Information (RTI) submissions, Employer Payment Summaries (EPS), and pension contributions. We offer a full spectrum of payroll services tailored to meet your specific business needs, ensuring that you stay compliant with HMRC regulations while optimising efficiency and minimising costs.
Our expertise extends across various payroll frequencies, including weekly, bi-weekly, four-weekly, and monthly options, allowing flexibility to accommodate your payroll schedule seamlessly. Whether you're looking to streamline your payroll operations, reclaim tax credits, or manage statutory payments such as National Insurance and statutory sick pay, Ultra Tax Ltd is your trusted partner.
With competitive pricing, we offer cost-effective payroll solutions that scale with your business. Discounts are available for higher employee numbers, ensuring that you receive exceptional value without compromising on quality.
How much will my
Payroll Cost?
Payroll done for you, from just £7.50 Per Employee
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Our expert accountants manage the entire process, ensuring it's quick, easy, and personalised to your needs. Experience completely stress-free payroll managerment
Key features
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Affordable monthly payment options
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Expert guidance on PAYE compliance
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Effortless and hassle-free filing process
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Dedicated accountants supporting you every step of the way
Client Satisfaction Guaranteed:
Don't just take our word for it – join the many delighted accountancy clients who trust Ultra Tax Ltd for their accounting needs.
Mark Healer
Second time I've used ultra tax having only recently went self employed. I found them to be very efficient and friendly to use and wouldn't hesitate to use them again
Will singh
​Brilliant to work with, nothing is ever a hassle or a chore. 10/10 service very pleasant and this firm makes you feel at complete ease. I have used other companies in the past but 100% staying with Ultra tax for the foreseeable. Highly recommend and for me most importantly I can phone or email and they are there to support at all times.
Aleks Peeva
I had a really enjoyable experience working with Ultra Tax Ltd. Their knowledge and expertise clearly show, but what sets them apart is their unwavering commitment to providing an exceptional customer experience. The whole team is very diligent, organised, and results-driven. I couldn't recommend Ultra Tax Ltd enough.
What is Payroll?
Payroll refers to the process of calculating and distributing wages and taxes to employees in an organisation. It involves computing gross wages, deducting taxes and other withholdings, and ensuring timely payment to employees. Accuracy in payroll is crucial for complying with tax laws and maintaining employee satisfaction and trust. At Ultra Tax Ltd, we specialise in managing payroll complexities, ensuring your employees are paid accurately and on time.
Why Should I Outsource Payroll?
Outsourcing payroll can save businesses valuable time and resources. By partnering with Ultra Tax Ltd for payroll services, you can focus on core business activities while leaving payroll management to experts. Outsourcing ensures compliance with constantly changing payroll regulations, reduces the risk of errors, and provides access to advanced payroll software and expertise that may not be affordable in-house.
What is Involved in the Payroll Process?
​The payroll process begins with gathering employee time data, calculating gross wages, deducting taxes and contributions, processing payments, and issuing pay slips. It also includes handling payroll taxes, such as PAYE and National Insurance, and ensuring compliance with HMRC regulations. Ultra Tax Ltd handles every aspect of payroll processing, from initial data collection to final payment and tax filing, ensuring accuracy and compliance throughout.
Payroll Services at Ultra Tax Ltd
At Ultra Tax Ltd, we offer comprehensive payroll services tailored to meet the unique needs of businesses across various sectors. Our services include payroll processing, tax calculations, statutory payments management, and comprehensive reporting. Whether you require weekly, bi-weekly, four-weekly, or monthly payroll services, we provide flexible options to suit your business schedule and ensure timely employee payments.
National Minimum Wage and Calculations
​Ensuring compliance with the National Minimum Wage (NMW) is vital for businesses. Ultra Tax Ltd calculates NMW based on employee age and provides accurate wage calculations to meet legal requirements. Our expertise ensures that your business adheres to NMW regulations, avoiding penalties and maintaining ethical employment practices.
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What Is the Current National Minimum Wage?
These rates are for the National Living Wage (for those aged 21 and over) and the National Minimum Wage (for those of at least school leaving age). The rates change on 1 April every year.
From April 2024:
21 and over - £11.44/hour
18 to 20 - £8.60/hour
Under 18 - £8.60/hour
Apprentice - £6.40/hour
Statutory Payments within Payroll
​Managing statutory payments such as statutory sick pay (SSP), maternity pay, and paternity pay requires meticulous attention to detail. Ultra Tax Ltd ensures accurate calculation and timely processing of statutory payments, relieving businesses of administrative burdens and ensuring compliance with statutory obligations.
Is It Cheaper to Outsource Payroll to an Accountant?
Choosing an accountant for payroll services can be more cost-effective than hiring an in-house payroll team. Ultra Tax Ltd offers competitive pricing starting at £7.50 per employee per submission, with discounts available for larger employee numbers. Outsourcing payroll to us saves on overhead costs associated with payroll software, training, and compliance, while providing access to expert payroll knowledge and resources.
For example, if you have 50 staff on monthly payroll, the costs would be as follows:
Ultra Tax Ltd Payroll Fees:
50 X £7.50 = £375.00 per month
Full Time Payroll Clerk Salary:
Employee Tax = £248.83
Employee NICs = £99.53
Employee Take Home Salary = £1,943.31
Employer NICs = £211.60
Total = £2,503.27 per month
*And that’s not considering pension contributions!
So we’ll let you figure out which payroll option is more cost effective for your business.
Why Do Companies/Businesses Use Payroll Services?
​Businesses opt for payroll services to streamline payroll processing, ensure compliance with tax regulations, mitigate risks of errors, and enhance operational efficiency. Ultra Tax Ltd provides reliable payroll solutions that reduce administrative burdens, allowing businesses to focus on growth and strategic initiatives.
Weekly, Bi-Weekly, Four-Weekly, Monthly Payroll Options Available
Ultra Tax Ltd offers flexible payroll scheduling options tailored to meet your business needs. Whether you prefer weekly, bi-weekly, four-weekly, or monthly payroll processing, we accommodate your payroll frequency preferences to ensure timely and accurate employee payments.
How Much Are Payroll Services with Ultra Tax Ltd?
Our payroll services are priced competitively at £7.50 per employee per submission, with volume discounts available for businesses with larger employee bases. This transparent pricing structure ensures affordability while maintaining high-quality payroll management services.
What Does a Payroll Accountant Do?
​A payroll accountant at Ultra Tax Ltd manages all aspects of payroll processing, including wage calculations, tax deductions, compliance with HMRC regulations, and payroll reporting. They ensure accurate and timely employee payments while adhering to legal requirements, providing businesses with peace of mind and payroll expertise.
Do I Need an Accountant to Do Payroll?
While businesses can manage payroll internally, outsourcing to a payroll accountant at Ultra Tax Ltd offers several benefits. Our expertise ensures compliance with complex tax laws, reduces payroll processing time, minimises errors, and provides access to advanced payroll software and reporting capabilities that improve efficiency and accuracy.
Is Payroll Accounting Stressful?
​Managing payroll can be complex and stressful for businesses due to its regulatory requirements and the risk of errors. Outsourcing payroll to Ultra Tax Ltd alleviates stress by ensuring accurate payroll processing, timely tax filings, and compliance with HMRC regulations, allowing businesses to focus on core activities and growth initiatives.
How To Calculate PAYE Tax Liability?
Calculating PAYE tax liabilities requires accurate wage computations, tax deductions, and timely submissions to HMRC. Ultra Tax Ltd manages PAYE tax calculations meticulously, ensuring compliance with tax laws and minimising risks of penalties. We provide comprehensive PAYE tax services that simplify payroll tax management for businesses.
Outsource Your Payroll to Ultra Tax Ltd Accountants and PAYE Experts
​Make the smart choice for your business by outsourcing payroll to Ultra Tax Ltd. Our dedicated team of payroll experts ensures accurate, compliant, and efficient payroll processing tailored to your business needs. With competitive pricing, flexible service options, and expert payroll knowledge, we deliver value that enhances your operational efficiency and supports business growth. Contact us today to streamline your payroll processes and benefit from reliable payroll solutions that save time, reduce costs, and ensure peace of mind.