Payroll review results in efficiencies for UK food manufacturer
Case Study10th Jun 2020
Contributors
Related services
Our Client
A leading food manufacturer in the UK required AAB to review their end-to-end payroll process to ensure they were processing payments in the most tax effective and accurate way. The aim was to reduce the burden on their in-house team that currently process the payroll as part of their finance function.
Our Approach
- Gave the client peace of mind by reviewing and validating the current payment types processed through the payroll.
- Reviewed and improved the current benefit and P11D process.
- Provided accurate advice and support around payroll and auto-enrolment.
- Reviewed the current end-to-end process to review and propose more changes resulting in better support to the company and employees.
The Outcome
- Delivered a payroll solution including online payslips. This worked as an extension of their team to provide accurate timely advice and support to help their business.
- Employee communications confirming changes to the monthly process.
- Identified tax efficiencies saving the client over £6k.
- Provided a support desk for employee queries in relation to payroll.
- The transfer of the payroll to AAB created a time-saving in the team which allowed the client to focus on their core business.
- Provided peace of mind that the payroll was being processed accurately and timely.
- Removed the need for the client to invest money in additional software to support the payroll.
- Provided more detailed payroll reporting.
Related Case studies
Series of fundraising bids help shipping company grow
Cashflow issues turned round for haulage supplier
Audit reveals VAT issue for manufacturing company
Support for company in audit results in minimised tax liabilities
Club reduce costs through improved daily financial recording
Pensions regulations change prompts process simplification
Venue saves time on weekly payroll for 250 employees
Business expansion identifies potential tax issues
Local business sells out to national retailer
Start-up spirits distiller benefits from expertise
Automated finance systems for start up coffee shop
International acquisition of privately owned UK business
Post-Brexit reporting and funding for EU markets
Minority shareholder retires selling equity
Fishing partnership develop strategy to mitigate tax liabilities
Business expansion through growth capital funds
Sign up to updates
Blog29th Jul 2022
COVID recovery, labour shortages & supply chain issues: the resilience of Scotland’s food & drink sector
In the last two years we have seen some of the most challenging times in business. In particular, the Scottish food and drink industry has been hit hard by varying restrictions imposed across the country. Despite these challenges, the industry…
By Derek Mair
View moreBlog11th Mar 2020
SeedPod – What does this mean for Scotland Food & Drink Businesses?
At AAB, we have a dedicated team of Food & Drink specialists who hold a wealth of experience and knowledge of the sector – a nod to the significance of the industry in the context of the Scottish economy and to our business. Considering our involvement within the sector, we…
By Derek Mair
View moreBlog12th Sep 2019
Funding Growing Food & Drink businesses
Fundraising for start-ups or early stage companies has always been a challenging task as anyone who has seen the plucky contestants enter the Dragons’ Den on the hit television programme can agree. However, with a high number of food and…
By Derek Mair
View moreBlog4th Jul 2019
Scotland Food & Drink – the £30 billion pound opportunity – supporting companies unlock their potential
The Scottish food & drink industry is a globally recognised brand and continuing to strengthen this brand will be key to reaching the shared vision of the Scotland Food & Drink Partnership outlined in their “Ambition 2030” strategy. To achieve…
By Derek Mair
View more
