As an accountant in the UK, managing payroll for your clients can be a complex and time-consuming task. Thankfully, there are a number of payroll software options available to streamline the process, minimize errors, and free up your valuable time. But with so many choices, selecting the right software can be overwhelming.
In 2024, the market is flooded with payroll software options, each offering unique features and pricing. To help you navigate through the myriad choices, we’ve compiled a list of the top 10 payroll software solutions tailored for accountants in the UK, along with their detailed descriptions, features, and pricing.
Here Are The List of Top 7 Payroll Software for Accountants in the UK in 2024:
1. QuickBooks Payroll
A globally recognized accounting software provider, Intuit offers QuickBooks Payroll specifically designed for small and medium-sized businesses (SMBs).
QuickBooks Payroll is a user-friendly payroll software that syncs seamlessly with QuickBooks accounting software. It automates payroll processing and ensures compliance with UK regulations.
Key features for accountants:
- Seamless integration with QuickBooks Online accounting software.
- Automated tax calculations and filings for PAYE, National Insurance, and statutory sick pay.
- Employee self-service portal for accessing payslips and updating information.
- Multi-company management for handling payroll for multiple clients.
Pricing: Starts from around £15 per month per user, with additional tiers offering more features and employee capacity.
2. Xero Payroll
Xero Payroll seamlessly integrates with Xero’s accounting software, offering a complete solution for accountants. It simplifies payroll tasks, from employee onboarding to payslip distribution.
It is known for its user-friendly interface, Xero Payroll is another popular choice for accountants managing payroll for SMBs.
Key features for accountants:
- Integrates seamlessly with Xero accounting software.
- Automatic payroll calculations, tax filing, and payslip generation.
- Real-time payroll data access for accountants.
- Employee self-service portal with payslip access and leave management.
- Multi-currency support for international clients.
Pricing: Starts from around £19 per month + £5 per employee, with higher tiers offering additional features and functionality.
3. Sage Business Cloud Payroll
Sage Business Cloud Payroll is a complete payroll solution designed for small to medium-sized businesses. It streamlines payroll processes, including payslip generation, tax calculations, and compliance reporting.
Key features for accountants:
- Integrates with Sage accounting software.
- Automated payroll processing, tax calculations, and filings.
- Employee self-service portal with payslip access and leave management.
- Multi-user access for collaboration within accounting teams.
- Option for outsourced HR services, including pension and workplace benefits administration.
Pricing: Pricing varies depending on the number of employees and features required. Contact Sage for a personalized quote.
4. ADP UK Payroll
A global leader in payroll solutions, ADP offers a comprehensive suite of services for businesses of all sizes. ADP UK Payroll caters to the specific needs of UK businesses.
Key features for accountants:
- Scalable solution for businesses of all sizes, from startups to large enterprises.
- Automated payroll processing, tax calculations, and filings for all relevant UK taxes.
- Comprehensive reporting tools for payroll data analysis.
- Optional add-on features like HR management and employee benefits administration.
Pricing: Contact ADP UK for a customized quote based on your specific requirements.
5. Zoho Books Payroll
Zoho Books Payroll is part of the complete Zoho Books accounting software suite, offering seamless integration and a wide range of payroll features.
Key features for accountants:
- Manages salaries, deductions, and taxes for a limited number of employees.
- Creates and distributes payslips to employees.
- Calculates and files basic payroll taxes.
Pricing: ZOHO Books offers a free plan with limited features, along with paid plans with additional functionalities. Payroll features are included in some of the paid plans. Specific pricing information can be found on their website.
6. Gusto
A good option for accountants looking for a comprehensive solution with employee benefit administration alongside payroll, ideal for startups and growing businesses.
Key features for accountants:
- Modern payroll experience with a focus on automation and employee benefits.
- Offers features like payroll processing, tax filing, health insurance administration, retirement plans.
- Employee self-service tools.
Pricing: Pricing depends on company size and features needed. Generally starts around £30-£40 per month + per-employee fees.
7. FreeAgent Payroll
FreeAgent is a cloud-based accounting software specifically designed for freelancers and contractors. Their payroll module offers a simple and affordable solution for many Payroll outsourcing services provider.
Key features for accountants:
- Integrates seamlessly with FreeAgent accounting software.
- Streamlined payroll processing for freelancers and contractors.
- Automated tax calculations and filing for Self Assessment.
- Generation of payslips and contractor invoices.
Pricing: Payroll module is included in FreeAgent’s pricing plans, which start from around £19 per month.
Conclusion
Choosing the right payroll software is crucial for accountants in the UK to streamline payroll processes, ensure compliance, and minimize errors. The top 10 payroll software solutions listed above offer a variety of features and pricing options to meet the diverse needs of businesses.
Study your requirements carefully and select the software that best fits your business needs and budget. Additionally, consider exploring accounting outsourcing services in UK for comprehensive support in managing your financial tasks.