Payslip generator for small businesses

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

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.

Proof of income for self-employed

proof of income for self-employed

If you are self-employed or working for your family, it is typical to not receive any payslips. But what if you need to get a loan from the bank, or buy a new car or house, or even just rent an apartment? You will need to provide proof of income for approval.

Most banks ask for payslip as proof of income as a way to verify the borrower's ability to repay their debt and to demonstrate that he/she have a steady job and solid source of income. Anyone who cannot provide a payslip are seen as a higher risk.

The following are some of the reasons why banks see payslip as a vital document :

  • Payslips are the most reliable way of verifying someone's income.
  • It shows your Year To Date (YTD) income to calculate if your current inncome has been consistent throughout the financial year.
  • It shows expenses such as tax and any debts your are paying direct from your pay such as salary packaging expenses.
  • The bank can see whether you are employed as a permanent or casual employee.

Makepasylip.co.uk provide advanced and detailed payslips for you that meet specific requirements from the banks.

The following are the standard requirements:

  1. It must be dated less than four weeks from the date of application. Old payslips may not be accepted.
  2. It should include the employee's name, year to date income, pay period details and the employer's ABN/ACN number.
  3. It must be computer generated using an accounting system. handwritten pay advices or pay envelopes are not accepted on their own.

proof of income

Standard A1, A2 and A3 Payslips made easy

As an employer, we understand your constant need for an efficient and faster way of providing payslips for your employees. That's why we made ordering of payslips a very easy process that takes just a few minutes.

Standard A1, A2 and A3 Payslips are your basic payslips that comes in different colors.

They are printed on a high quality printer with a laser guaranteed paper in a landscape format. It details an up to date payroll system with accurate calculation of:

  • employee's net pay
  • deductions
  • company name
  • employee name
  • national insurance number
  • date of pay

Makepayslip.co.uk offer different types of Standard Payslips depending on what your company requires or what will suit your payroll management styles:

 

1. Standard Payslip

Standard PaySlip

2. Standard A1 Payslip

Standard a1 PaySlip

3. Standard A2 Payslip

Standard A2 PaySlip

4. Standard A3 Payslip

Standard A3 PaySlip

 

How to purchase it?

With makepayslip.co.uk, hover your pointer to Make UK Payslip on the upper right side of the website. It is where you can choose between Standard Payslip, A1, A2 or A3 Payslips. You will then be taken to a form where you will be asked to fill your company and your employee's information.

You are given a choice to have auto-calculator on or off. Auto-calculator on simply means we do all the calculations for you. The only thing you have to provide is the rate per hour or per day (depending on how often you pay your employees) and the number of hours or days the employee worked. Whereas turning it off, you will have to input and calculate everything manually.

We will immediately email PDF copies of your document once it is finish. Do note that we provide money back guarantee if you are not satisfied with our work.

Why choose online payslip

Online payslip

If you are a business owner, you know your obligation to provide payslip to your employees- even if it is only one staff member. Failing to do so will get you in hot waters with the government, not to mention your employees.

We know that making payslip is a tedious task that has to be done according to the books. It is an added workload to the owner unless you employ an accountant. But since you’re only a start-up company with one or two employees, you don’t feel the need to hire one, or can’t afford it. Luckily for them, there are companies who provide online payslips for prices lower than what you would have to pay for an accountant. 

Payslips can be used for multiple purposes:

  1. It acts as proof of your earnings, tax paid and any pension contributions.
  2. It validates that you are working in a respectable company and have a standard income.
  3. Payslip contains your legal informations which act as evidence of your authenticity if you ever need financial help in the bank.
  4. If you are seeking for a new job, wants to acquire a car or property, then you definitely need payslip.

Basically, Payslip is a proof of your financial stability. Needless to say, losing it will cause you a lot of troubles.  Once lost, employers cannot reproduce it again.

That's why most companies- and employees prefer online payslips.  This way it will be easier for them to file, copy or keep track of their payslips. Aside from the fact that it can be easily  generated anywhere and anytime at their convenience since it it online.online payslip

 

Makepayslip.co.uk is a company that offers different type of payslips. From Standard Payslips (A1, A2, and A3) to Modern Style Paystubs complete with your company logo.

 

The computations, printing (and even producing of duplicates for lost payslips) are done on the basis of necessary informations you fill up on the payslip you purchased.

Now we understand that most of you are hesitant to use online payslips as you will be giving away important informations of your company and employees. That is why makepayslip.co.uk takes pride on being SSL certified. SSL stands for Secure Sockets Layer, it is another layer of security given to verified online websites to protect their consumers. It simply means that we are legit and that the payslips we produce are authentic.

Pay Slip to book a Vacation

Nowadays,  to book a flight, all you need to do is get online, submit locations and dates, and you'll get the best prices available from participating airlines.    But,  a little known fact,  that is not the best way to book full vacations.    The best way is to use a travel agent.   Those relics of the past.    They know a lot of in's and outs of available deals, promotions, and combo's that will give you the best vacation ever.    But, you have to show proof of income, or have the ability to pay,  which makes me think, it's probably a good thing to have a pay stub to book a vacation.

For example.   a vacation to Florida is simple.   but, a vacation to Bali is much more complicated,  but, surprisingly not much more expensive.     Yes, the flights are way more expensive,  but, the hotels are way cheaper, and way nicer.    Plus the food and nightlife is better.

Staying in the nicest hotel on the beach, is about $100 for an upgraded ocean view, meals are about $15 US, and alcohol is 1/3 the price, depending on your poison.   So, it made sense for me to go to Bali, but,  I needed a VISA,  and a Passport,   which required me to show proof of income or a job.     Since my source of income doesn't have a paystub,  I needed to show one if I wanted to travel.    So, I learned I need a Pay Stub to book a vacation.

 

 

Pay Stub Security

Our website and your pay stubs just got a bit more, with our SSL certificate.   You may or may have heard of this.   An SSL certificate is just one more layer of security you should always look for when you make a purchase online.    Pay stub security is always important, but, when you spend your hard earned dollars, it's even more important.

No matter how much or how little you spend, it's to protect the rest of your funds on your card.   Yes, I know that most banks will protect you, but, there is always a minimum payment, and the hassle of dealing with it.  Plus, the criminals know a lot about you when they steal your CC, so, it could be a lot worse.   You may have to go through the whole process of changing bank numbers, payments and passwords.

If you know what a SSL certificate, great, you understand what it takes to get one, and why it's good for the consumer.

If you DON'T know  what an SSL certificate is..    It stands for Secure Sockets Layer.     This is basically another layer of security on your data, when it's transferred over the internet.

The difference between having an SSL cert, and not, is that there is a 3rd party, that provides that SSL certificate.   So, there is another company, that itself has to be certified to allow the option to sell SSL certificates, to give this website an SSL cert.    They create the encryption, and make everyting secure.     The website owner, does not get to see how it's certified, and the issuer of the SSL cert doesn't get to see the data

Add a logo to your paystub

As mentioned before,  we have upgraded our site to be able to add a logo to your paystub.   This new feature allows your authentic paystub to be even more customized and perfect.   If you want to watch a video of How to do it,  just click here

It's actually quite simple, but, the first time using it, might be a little confusing, so, we created the following step by step instruction to make sure you do it quick and easy.   Please NOTE:  at this time, it only works on the Detailed Paystub, simply because there is no room on the easy one.   It's a short, small paystub, designed to be simple, so, we didn't add it.

 

1)  Click  on the top menu MAKE A PAYSTUB and then the link to Create a DETAILED PAYSTUB

Click on DETAILED PAYSTUB

Click on DETAILED PAYSTUB

2)  Fill in your information as needed, by clicking on the box you want to edit

NO PIC NEEDED  🙂

3)  Click on the green ADD LOGO HERE link..   it should be live if you mouse over it.

4)

Make a paystub for Caretaker

pastubs caretaker nanny

Caretakers need paystubs

Make a paystub for caretaker

We have been asked many times why someone would need to create a paystub.   We already know why you need a paystub,  like getting a loan for a car, or needing a paystub to get an apartment.  Basically, any time you need to prove income or employment, you will need a paystub.    No people work harder for their money are nannies and caretakers.   They are truly unsung hero's.   So, if you are a nanny or caretaker, or if you want to make a paystub for caretaker, you are in the right place.   We want to help those that help others.

Our Caretakers

Assisted caretakers all have to pay taxes, like all income earners, so our paystub maker figures it all out for you.   Any other deductions, or other items, our paystubs will help you create it.    Our paystubs are not fake,  they are real Authentic pay stubs.  The calculations are perfect, the paystub layout is perfect, and the deductions are accurate and currently updated for the year and the State taxes.

Paystubs for Nannies and Caretakers

Also, our paystubs are can easily be made consecutive, which means that all the paystub calculations are made one after another, from pay period to payperiod.   Which sounds easy, but, it get's complicated, for YTD calculations, taxes on the cumulative amount, and spread out over that time.    Just try to use excel once, to see how difficult it is.   It's very complex.    But, with our easy paystub maker, you can do it within a few minutes.   Print them and have them, for less that a few dollars a piece if you buy more than one.

We can show you how to make a paystub for caretaker in our how to guide, and our videos,  or, you can play with our paystub maker for free, and view FREE PREVIEWS until you heart is content.    Practice makes perfect, and if we want our caretakers to be perfect, we want to make a paystub for caretakers to be perfect.

Also, if you want to confirm tax values, to make sure we are doing our job,  and we love when you verify us..  to show that we are professionals, please try this link to see tax rate for each state.