Who we are
PAYBOND is a payroll bureau service established by Timothy & O’Connor Accountants to provide expert support to its clients. This service has now been expanded to provide the same level of service to businesses who just want specialist support for their payroll function. It is designed to be an integral cog in the smooth running of the payroll function in your business.
Payroll is a critical yet non-core function with constantly changing taxation requirements and employment regulation. Many businesses underestimate the cost involved. The cost of weekly processing can be minor next to the cost of maintaining in house expertise to keep up with these changes.
Businesses who choose to outsource payroll processing can achieve these benefits:
- Reduce and Control Costs
- Free up time to focus on Core Business
- Complete Business Continuity
- Security and Peace of Mind
- Legislative Compliance
- Access to Payroll Helpdesk
- Immigration & Work Permits
In an era of electronic payments the significance of receiving a paycheck at the end of the week has been lost. Our Vision is to provide a professional payroll service that will support employers to reaffirm the bond of trust with their employees each payday.
Our Mission is to provide an outsourced payroll administrative service that gives our clients the flexibility to focus their management resources on core business. The philosophy of the service offering is built on strengthening the bond between employer and employee supported by regular communication with our engagement team.
Why outsource Payroll?
If payroll is demanding more time and attention than it should, a dedicated outsourced payroll provider could well be the solution for you.
Managing payroll in-house can be complicated, time consuming and a constant source of concern particularly with the implementation of PAYE Modernisation.
Outsourcing payroll can free up the valuable time of experienced people which can be redirected to other areas such as growing the business.
Outsourcing payroll is cost effective and efficient and reduces the risk of not meeting deadlines in the event of unexpected illness or absence in your team.
With benefits outweighing costs outsourcing is a low risk solution and these advantages become apparent immediately.
Whether you are a Start-Up or SME, why choose Paybond
Whether you are a start-up, an established business or an international company looking to set up in Ireland, Paybond has the experience, expertise, resources and flexibility to deliver a payroll solution tailored to your individual needs.
Starting a business in Ireland can be a daunting exercise.
Paybond provides a comprehensive start-up payroll service to guide you through the process and to get you up and running.
Payroll Services for Start-Ups include:
- Employer PAYE Registration
- Banking Set-Up
- Explanation of the PAYE System
- Guidance on Employee Benefits (Pensions, Healthcare etc)
- Calculation of Payroll
- Electronic Payslips
- Electronic payment to Employees (bank file upload)
- Revenue Compliance
- Statutory Reports
- Employee Services (payslip queries)
- HR Advice and Employment contracts
- Senior executive taxation reliefs and tax residency
- Immigration, Visa's and work permits in Ireland