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Automatic Enrolment Made Easy
With KashFlow payroll software you can automatically assess employees and enroll them in a qualifying scheme. Calculate employee and employer contributions, and automatically create the correct documents for employees and pensions providers.
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Every Payroll Essential
Everything you need for effective payroll in a small or large business is included. Pay monthly salaries, hourly wages and holiday pay from one place and easily update forms for employee, tax and insurance information.
Paying furlough employees with KashFlow Payroll is easy. Process the 80% furlough claim for the Coronavirus Job Retention Scheme and include any additional top-up payments at the touch of a button.
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Automated Processes
The software calculates National Insurance, tax and more in your payroll run – saving you time. It includes the option to automatically send payslips to your employees as soon as they’re ready, and automatically send off your RTI submissions when you’re done.
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Effortless Payroll Management
Update employees’ pay details to include car fuel allowance, sick pay and more. Pay your workforce weekly, monthly or a mix of both, and include easy-to-create Opening Balances for each new employee.
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Holiday Pay
Track staff holiday entitlement with an easy to use calendar and pay your employees holiday pay based on your chosen holiday rate either reducing their annual allowance or using time/money accrued by the employees. One advantage of online payroll software is it allows you to do this from anywhere.
Automatic Enrolment Made Easy
What KashFlow Payroll software can do for your business
Automated payroll approval
With automated payroll, including holiday pay, your data is processed in one go at the end of the week or month. This doesn’t require extra user input, giving you a hassle-free and fast way to pay your team.
Easy to use
Your payroll software will include information pointers on terms and concepts like Tax Calculation Method, so both you and your employees always know what you’re looking at.
Cloud Payroll
Update employee records from anywhere and keep them stored safely on the cloud with our online payroll software. With the same security as online banks, KashFlow’s cloud payroll will keep all your data safe.
Employee self-service
With cloud payroll software every employee can access payslips and their individual data from anywhere, at any time, to cut down your admin time.
Integrates with KashFlow Bookkeeping
Transfer pay details into your books for a comprehensive look at your business finances – ideal for profit and loss accounts and other financial reports.
Real time payroll updates
Edit payslips and KashFlow’s payroll software will update your payroll run. It also automatically submits your Real Time Information (RTI) submissions of P60s or P11D forms when you’re done.
Understanding Payroll
If you’re new to payroll, and still wondering whether to adopt payroll software for your business, you’ll probably find the next section useful.
What is Payroll software?
Payroll software is a digital business solution designed to simplify the process of paying employees. KashFlow is cloud-based payroll software which has all the same features as payroll software with the added bonus of it being hosted online.
Using cloud payroll software for a small business has a number of advantages. It can cut down your workload by automatically producing payslips, P45s, P60s and other forms.
It also reduces the room for error by automatically deducting tax and National Insurance Contributions for you and sending tax returns. Further to this, you can automate tasks like year-end reporting anytime, anywhere.
With payroll software, you can schedule recurring payments, either weekly or monthly, to help get your employees paid on time. As KashFlow Payroll supports a wide range of BACS file formats that you can download and feed in to your banking software, you can pay employees automatically too.
How to setup payroll for the first time
If this is your first time hiring someone, then you’ll need to register as an employer with HM Revenue and Customs. Registering as an employer can take up to 6 weeks, and it must be done before the first payday. Note, however, that you can’t register more than 2 months before the first payday.
The majority of employers can register online, which you can do here.
Once you’ve registered, add your employee details into your payroll software and report pay, deductions and other relevant information to HM Revenue and Customs.
Remember to keep a record of this information for at least the legal minimum of 3 years. The information you have to keep includes:
- How much your employees are paid, and any deductions you’ve made
- A copy of all reports and payments made to HMRC
- A record of employee leave and absences
- Tax code notice
- Any taxable expenses or benefits claimed
- Documents relating to a Payroll Giving Scheme, if relevant
Simplify Furlough
Pay furlough employees with ease. Easily process the 80% furlough claim for the Coronavirus Job Retention Scheme and include any additional top-up payments in just a few clicks. Simple payroll, on any device, at home or on the move.
Pricing
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KashFlow Payroll Core
For up to 5 employees
£6.75
per month + VAT
- £1.13 per additional employee
- Automatic Enrolment add-on available (£1 per employee, min. £13.50 for 5 employees)
- Unlimited functionality
- Weekly or monthly payslips
- Calculates Tax & NI for you
- Free ESS
- First company free – £2 per additional company
- Track staff holiday entitlement and pay Holiday Pay
- Easily process 80% furlough claims and voluntary top-ups
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KashFlow Payroll Plus Accounting
For up to 5 employees
£22.50
per month + VAT
- £1.13 per additional employee
- Automatic Enrolment add-on available (£1 per employee min. £13.50 for 5 employees)
- Unlimited functionality
- Weekly or monthly payslips
- Calculates Tax & NI for you
- Free ESS
- First company free – £2 per additional company
- Track staff holiday entitlement and pay Holiday Pay
- Easily process 80% furlough claims and voluntary top-ups
- All the benefits of KashFlow Accounting Software
Accountants: Please contact 0344 815 5555 for our competitive accountants tariff.
See how KashFlow Payroll manages everything from employee payslips to workplace pensions in a couple of clicks.