Payroll is the name that is given to the process that enables a business to calculate wages and deductions for their employees in order to pay them their wage, less deductions which go to pay for PAYE tax contributions and NI (National Insurance)contributions. As a process payroll can be very time consuming and complicated for anyone who is not fully trained in that process, and to let someone who is not 100% sure of what they are doing is unprofessional and can lead to unpaid PAYE contributions, incorrect wages and fines imposed from the HMRC. Due to this the vast majority of business owners believe that they have to employ someone solely to process payroll for their business as it is such a skilled task. However this can only add to the costs of a business and as most small to medium sized businesses need to watch every penny corners are often cut resulting in late or incorrect payroll processing. If this sounds all too familiar a business payroll service could be the answer to your payroll problems. A business payroll service is a company that will take over your payroll off-site and complete all necessary calculations, paperwork, provide documentation when needed such as P45's and P60’s and will even print out and mail pay slips – all for a fixed fee which is often per employee.