Payslip generator for small businesses

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payslip generator

Calculating payslips is never fun to do for business owners. Between all the state and federal taxes you need to pay - both for your employee and your business- there’s a lot of room for mistakes. It is a critical task  and any error can result to costly penalties.

But it is not only an issue of miscalculations. Underpaid tax can equate to fines, late payment penalties and interest. Using incorrect rates, sending forms to the wrong agency, or simply filling out forms incorrectly.

This is why we recommend small businesses to use online payslip generators like makepayslip.co.uk. Our free payslip calculator makes it easy to calculate payslips for both hourly and salary employees. And it’s a lot cheaper than hiring an outside payroll company or accountant.

All you need to do is enter your employee’s pay information and we automatically calculate taxes, fills out forms and sends you a pdf copy of the payslip. We crunch the numbers to give you a rundown of exactly how much to pay your employees and how much to deduct for taxes. We make sure that your calculations are accurate by always using the most up-to-date tax table.

With Makepayslip.co.uk , you can ditch the complicated calculations and spend more time working on your business.

Proof of employment to acquire visa or credit card

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proof of employmentIf you plan to apply for a credit card or get a visa to travel abroad, you'll probably be asked to provide a proof of your employment. And in some cases, the immigration even still ask for a proof of employment or income for some countries that don't require you a visa.

The expectation

Now, it would be logical to assume all you need is to prove that you have enough money right? But some will require more than that. Banks and Embassy will most likely to ask for your latest 3 months payslip. Your payslip gives them a clear picture that you are employed and how much you get paid every month — no matter how much money you came by.

payslipThe problem

But proving your employment is always going to be difficult if you are an online freelancer or working part-time and get paid in cash-in-hand arrangement. But Banks or Embassy do not favor individual with cash-in-hand arrangements. Their rationale is that if you do that in your own country then you will do it in another country and thus breach the terms and conditions of your stay. They also believe that an employee who has a cash-in-hand arrangement is not employed in a way that is considered permanent or stable. It is also conceivable that you never worked there at all and obtained your confirmation letter fraudulently. While it may be unpleasant to think about these sorts of things, there is very little to prevent them from making that conclusion and they are paid to think of those possibilities.

The solution

The good thing is there are some companies like makepayslip.co.uk that specializes in providing online payslips to self-employed, freelancers, small to medium companies and private individuals. 

We understand that you must be transparent and honest in your application. Any deviations can be a potent reason of your application getting rejected. Thus, we want you to know that makepayslip.co.uk is SSL certified. And you can get any types of payslips from Standard Payslips to Detailed Paystubs to Modern Style Paystub.