In years gone by every company would have a payroll or wages department specifically set up to deal with all the payroll services. In those days all the wages, the deductions of tax and national insurance, calculations of holiday pay were done by hand, there was no computer with a nifty payroll software package to do it for you. No cheques or automated banking services were available so filling each wage packet was done by hand and then the wages would be given out.
When you think back to the work a wages department used to do it is easy to see why the amount of work needed required a department of its own to get it done. Once computers became readily available and the software for calculations was universally available the number of staff required reduced and once BACs payments into the bank accounts of the individual employees became the accepted manner of payment then the days of the in-house Wages Department became numbered.
In these modern times when making the best profit means keeping your business lean and overheads as low as possible it actually makes far more sense to use payroll outsourcing. That is where specialist payroll services like us at Dataplan Payroll do everything involved in getting a company's wages paid with all the correct deductions and making sure that the correct monies are paid to both the employees, the Inland Revenue and the Department of Work and Pensions. We keep every business we work for completely up to date with all the relevant legislation so that they are full conversant with any changes they need to make.
