Where applicable and in accordance with a schedule agreed in advance, Grant Thornton will:
- set up the details for your company and your employees on our payroll software;
- process the payroll each month based on clear details provided to us by the agreed authorised person in your company covering all locations;
- provide payslips for your employees as well as a copy of the payslips for your records;
- provide relevant email reports showing full details of costs, additions and deductions;
- set up each location as a cost centre or department in the main payroll;
- prepare your payroll journal to the given template and GL codes etc;
- complete and submit the monthly P30 PAYE and PRSI return using the Revenue Online System;
- arrange payment of the payroll taxes before the due date, if we are supplied with the employer bank account details. The payroll taxes are debited from the employer bank account shortly after the 23rd of the relevant month;
- arrange to pay net pay to the employees through the employer online banking system once the employer has authorised its bank;
- process P45 forms for leavers and joiners;
- process P35 end of year returns and provide relevant details for employees;
- provide P60 forms for each employee at year end, with a copy for employer;
- respond promptly to any employer queries; and
- provide newsletters or other relevant information to you from time to time to enable the employer to be aware of legislative or budget changes in Ireland.
Please note that Grant Thornton do not, unless specifically agreed as part of our payroll services, do the following:
- offer tax advice to employees or deal with the tax office on their behalf; or
- calculate amounts of notional pay relating to benefits in kind (such as company cars and health insurance), although we will assist you to calculate the relevant figures.
Our fees are reviewed annually based on the complexities and actual time incurred and adjusted for inflation.
Acceptance of a payroll assignment will be subject to compliance with the provisions of anti-money laundering legislation as well as signature of our standard letter of engagement for such assignments.
For administrative convenience on both sides, we would issue invoices quarterly in advance.
We believe that we provide a comprehensive, efficient and confidential service of the highest standard.