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.

FREE PAY STUB PROMO

Yes...

It's true..     We love testimonials.   and happy customers..  with our Free Pay Stub Promo Deal!!!

So, here it is..

         Use (Purchase)  our pay stubs, and then take a Selfie in front of the purchase or rental or whatever you use the pay stub for.     With you in it, and a piece of Cardboard   or  Paper   with our Website name on it

  •            We have to clearly see "PAY STUB DIRECT.com"    on the paper in your picture to qualify
  •            You can Smudge or cover your face (or we'll do it for you)
  •            You have to purchase first, and then we will REFUND your money once we get the Picture and your Receipt
  •           LIMITED TIME   so buy it now..

Pay Stub with Tips.

Pay Stub with Tips

Use our pay stub generator that has a TIPS option

As you may know, we are constantly trying to improve our product.   So, we now ask you to tell us, or show us, what is a good format for a pay stub, with tips options on it.   Most of our pay stubs are created to assist people that have an hourly wage.    But, don't have access to add tips in there.

We want to hear from you.

Give us a picture of what the format for a pay stub with tips looks like.   and we'll recreate something similar.   We are never going to use your info, in fact, we usually discard it for your and ours protection.    We just need to see the layout.   Feel free to send us a pic in our email, with that info, and we'll create one for you for free.

As much detail also helps, like taxes, or how you divide it.   or suggestions on what you'd like to see in regards to pay stub with tips, or any other addition you think is pertinent.    we are serving you, to give you the best possible Pay stub.

As you may know,  Tips on a pay stub are taxed slightly differently than regular income, so, you need to make sure it's accurate.   It's not just an addition.   Some states don't but, most do.    You need this to be accurate and authentic.

We are one of the most affordable and accuate pay stub Generator online.   Plus, we're very easy to use, and constantly improving our product.    To provide you with exactly what you need and more.

This is why we need you to help us keep this site on top of google resulsts    We don't pay for adwords to cheat our way to the top, we earn the top rankings by having the most people go to our site, and stay on our site, to show google bots that we are the best pay stub site online.

Pay Stub with a Logo

In our constant push to make our Pay Stubs accurate, and authentic,  we're adding a LOGO option.   yes..  now, you can create your Pay Stub with a Logo on it, of your choosing.   Just get the image, and upload it, with our easy addon ability right in the maker.

This has never been done online with pay stubs, but, we want ours to be the best, and most customizable.   We are the first to create Pay stubs with a logo on it.    I'm sure our competitors will copy us, but, by then, we'll have a bunch of new features, that will always outdo what they are doing.     Our site is the best pay stub Generator online.

You can have your own, or go to google image search, and find the logo you want.

type in Google the name of the company, and then click the IMAGES button below the search box on google.  YOu can download or edit or crop any image you like.   that's what will show up on your pay stub.

So, you may need to edit it a little bit, in case it's not the exact image that would fit.

Another SEARCH BOX  entry into google you can make, would be "logo,  your-company-name"     that will find a lot of LOGO's in the IMAGE search.

Good, luck, and tell your friends, that now, there is a webiste that has the ability to create a pay stub with a logo on it.

Pay Stub Direct from Manufacturer

Accurate Authentic and Detailed, these are the 3 most important values we strive for here at Pay Stub Direct, in our quest to create our masterpiece.  Yes, Easy is important, yes, Value is important, and we do very well.     But, our primary objective, is the 3 we mentioned.    Ultimately, that is why you are here, because you want the best product.   No, You need the most Accurate paystub, the most Detailed paystub and the most Authentic paystub.   This is what you'll get when you buy your pay stub direct from manufacturer.

Without that, it doesn't matter how cheap it is, even if it's a Free Pay stub,   it doesn't matter if it doesn't work right?    Or, if it's super easy to use,   If it's not one of our 3 core values, then, it won't matter.

We create the pay stubs ourselves.   We don't farm them out like the other guys.   Or let someone else do it.   We have the software in our office.  We are the manufacturer of thes pay stubs.

We are constantly improving and asking our customers for suggestions on how to make you happy.   We think that your input is invaluable to a great product.    We call it pay stub crowd sourcing.     We know we don't know everything, and sometimes, we even miss something, or don't think of a feature that could be added.    So we take it from our customers suggestions and observations.

As you can see, our software has many aspects that would help you create what you need.   A lot of details to change, to make a perfect paystub

Paystub tax brackets explained

Tax brackets is a term used by accountants and other financial professionals used to describe the levels of which you will be taxed on.    Or, what category of tax you will be.    We at pay stub direct, have tried not only to make great looking paystubs, but, have created a blog series to educate and have paystub tax brackets explained, amongst everything else explained about the common paystubs

Everyone is taxed that works in this country, but, not all at the same level.    This is based on a percentage of your income, and some are higher and some are lower.    There are many factors, but, primarily, it's your living status, like Married, couple, single, head of household, etc.   and the other part is, how much you make.

Usually states tax people at a higher percentage if they make more.   Which is hugely unfair.

We all must pay taxes, and do all our share of work, and if you make more, your share will be larger than the person making less, but, it shouldn't be different.

Saying this another way, is comparing two neighbors that both have pools in their backyard,   One is 2x as big than the other.    So, in a fair world, the bigger one should accept 2x the amount of kids.     If all other things are equal.

It is fair to say, that both pools are handling what they can handle,  yes, the bigger pool has more kids, but, based on it's size, it can handle the extra kids because it's extra big.

Therefore, it would be "unfair"  to say, that the bigger pool, should take on even MORE kids than the smaller one,  basically, the bigger pool will have to work harder to handle the kids.   Which makes the owner think, I should never have gotten a big pool, there are way too many kids here.

Of course, the kids don't think it's unfair, because they're happy to be in a pool.  Until they grow up, and then get their own pools, and realize they don't want the burden of having all the kids in their pool.

That's how our government works,  it punishes someone for getting bigger, or doing better,  by taxing them more.   In essence, it's smarter to earn a bit less, because you won't be taxed as much.

The POOL's themselves would be considered as tax brackets.   small tax bracket and big tax bracket.   In the tax world, there are multiple tax brackets.   The federal tax is usually about 5-6 brackets, or pools,  and states range from ZERO to 8-10.

It's wise to know which tax bracket you are in, and how much money you're going to make this year,    if you see yourself approaching the next bracket, it might be wise to slow down, and not work so hard, because you'll be taxed at a higher level.   You will in fact, earn less if you work more

to make things easy, let's say there are 2 tax brackets,  0%  and then 10%.    I know it's oversimplyfying, but, I'm trying to prove a point.     and the 10% tax bracket started at 100,000$     Well, if you made 99,999$   this year, you would pay no tax, and bring home 99,999$ this year.

But, let's say you wanted to work one saturday, or stay in the office late one night.  and you made an extra $5.

Well, that would make you earning $100,004   Which means you'd be in the next tax bracket of 10%.    So, that means, you'd have to pay 10%  of $100,000.       this equates to $10,000

So, you'd bring home $90,004.

Basically, for working a little extra, you are going to make 10,000 less than the other guy, who didn't work extra.

That's just stupid, anyone will call you crazy for doing that, and you'd have to be crazy to do that.   it's silly, but, that's how the Tax bracket system is setup, so, you are truly punished for working extra.

Can you now agree that this system is unfair, and need to change.