Payroll and Pensions
Payroll and Pensions
Managed well, payroll can appear invisible within a company. However, inefficient or incompliant payroll management can not only negatively affect a company’s reputation and reduce employee morale, it can lead to severe financial penalty.
From accurate and confidential record-keeping to managing increasing legal obligations including pension scheme administration, regular auto-enrolment responsibilities, and adherence to the National Minimum Wage, the regulatory accountabilities of a payroll manager are increasing as employment legislation evolves.
Our payroll solutions
Rickard Luckin offers a fully compliant, streamlined, expert-led payroll service for companies of all sizes with a range of payroll and pension administration needs.
Our team are qualified members of the Chartered Institute of Payroll Professionals (CIPP) and work with companies that don’t have the dedicated, in-house payroll expertise that we provide. Our payroll services can be provided as a standalone service or as part of a full accountancy package.
The team stay abreast of all payroll-related legislation as it happens, undertaking Continuing Professional Development activities throughout the year.
Outsourcing payroll to a trusted, expert provider not only brings vital reassurance that legal obligations are consistently being met, it also mitigates risks such as sickness and holiday that may arise when using an internal team member.
Our services are tailored to meet the needs of each business and include:
- Provision of a secure online payroll portal, ensuring data management is GDPR compliant
- Legally compliant administration of PAYE, National Insurance and additional statutory payments
- Customised payslips (including access to e-payslips via the online portal)
- Insight and advice regarding payroll legislation and trends from qualified professionals
- Completion of statutory information, including year-end returns
- Administration of incentive schemes and bonuses
- Staff cost reporting and analysis
- Set-up, auto-enrolment and ongoing administration of the company pension scheme
- A friendly, dedicated and personal service; we act as a trusted advisor and an extension of your company
Get in touch with our expert team
For us to get the right support it is crucial that our advisers understand our business and can work closely with us across different aspects of this. We have developed a great relationship with the team at Rickard Luckin and really feel they work with us on a personal level as well as maintaining high professional standards and detailed knowledge. It is obvious that they care about their clients and that comes across in how they interact with us on an on-going basis. We would happily recommend others work with them to see the benefits of working together in this way.
Rickard Luckin recently undertook a review of our in-house payroll function and we were very pleased with both the approach to the work and the recommendations that were provided as a result. We agreed the scope of the work in advance having discussed the areas which may be of greatest value to review and therefore we felt fully informed throughout. The team understood our business and were able to consider the commercial and operational aspects, providing suggestions for improved efficiency and ease of use, at the same time as considering compliance aspects. Where you engage with somebody to do this type of work it is important that it provides tangible value to the business; we certainly feel like we achieved this from this project.
I would highly recommend Rickard Luckin for payroll services to any business, they’re very professional with a friendly service! Hannah in particular has been of great help especially with our pension scheme.
We already use Rickard Luckin for Accountancy services so it is great to have both services provided under one roof.
I feel that RL are an extended part of my internal team, they are always professional, efficient and great to work with and would not hesitate to recommend them.
We’ve been with RL payroll for a tax year after moving our payroll from a long standing provider. We have found RL payroll to be efficient and professional in their dealings with us, readily available to answer any pay queries we may have.
We have a good relationship with the whole payroll team who are ably managed by Hannah. They have shown integrity in processing our payroll, trying to support us in achieving the best for our staff, all the time looking after the company’s best interests.
Rickard Luckin have been highly professional and easy to deal with. The outsourcing of our payroll has resulted in less strain at the point of processing and increased the strength of our payroll process in not vesting too much responsibility in a limited number of directly employed staff.