Stafftax vs Accountancy: Which one is best for you?
Although most people that take on domestic staff are doing so to save themselves time for other responsibilities- they can often end up overwhelmed by how time-consuming it can be to ensure they are meeting their responsibilities as an employer. This is why so many employers of private household staff decide to seek support to help them with these duties- whether this be an in-house accountant, or the use of a payroll service.
This article will delve into some of the reasons why outsourcing payroll support and using Stafftax is more advantageous than hiring an accountant.
Experience
The rules and regulations surrounding the employing of domestic workers are complex, nuanced and ever-changing. If an accountant doesn’t have extended experience dealing with the hiring of private staff- this can lead to mistakes being made, which in turn, can result in arrears or legal penalties. At Stafftax, we have 15+ years of experience in employing domestic staff and our extended knowledge in the domestic recruitment industry provides us with a unique insight into our clients queries, providing a personalised service and leaving no room for error.
Accessibility
Accountants can often have limited availability, as they are busy individuals dealing with numerous businesses and clients. Often employers have time-sensitive payroll queries that they need answering urgently, and this is when Stafftax’s large team comes in handy! We’re open 7 days a week to support you with your payroll and calculation queries, ensuring that we always keep an open line of communication with our clients.
Often employers have time-sensitive payroll queries that they need answering urgently, and this is when Stafftax’s large team comes in handy! We’re open 7 days a week!
Affordability
Continuing with the theme of accessibility, Stafftax is much more affordable than hiring an accountant. An accountant performing basic accounting services will usually work for between £25 and £35 per hour, however, more specialist services can increase to around £150 per hour.
Stafftax Payroll and HR is £276 per year and our service covers everything from bespoke contracts to dealing with HMRC, to HR and payslips. We even offer ways to customise your account including our end-to-end Workplace Pensions Service, and Stafftax Plus. Our yearly rate is equivalent to only a few hours with an accountant- making Stafftax the more affordable investment in the long term.
Perks & Extra Services
Another advantage of exploring Stafftax before you hire an accountant is all of the extra benefits that we offer our customers. Firstly, with a membership you get free access to our custom and user-friendly Online Members Area. Our members area makes payroll non-intimidating by ensuring you have all of your resources in one place, taking the stress out of the process.
As an additional thank you to Stafftax members we have also curated a portfolio of hand-picked partners and negotiated exclusive discounts. These range in everything from discounts on gifts/shopping, offers on tutoring and insurance, all the way to huge discounts on travel… up to £1,200 off of your next holiday with Inspiring Travel, anyone?
Stafftax are committed to covering all your compliance needs including pensions, Contract of Employment and HR advice. With over 15 years of experience and a reputation for excellence, we offer an award-winning service that makes employing domestic staff easy and keeps you legally compliant as an employer.
