Payroll

Accounting and outsourcing

At RSM, we provide dedicated payroll services designed to meet the needs of organisations of every size, from SMEs and large corporate businesses to companies expanding into Gibraltar or operating with limited internal resources. We deliver trusted, specialist payroll support that ensures compliance, reduces administrative burden and guarantees that your employees are paid accurately, on time and in line with local regulations. Our approach lets you focus on what matters most - growing your business, while we manage the complexities of payroll administration with expert precision. Our dedicated team provides a confidential, responsive service for businesses of every size, tailored to the complexities of Gibraltar’s regulatory environment.

Our Payroll Services

Comprehensive Payroll Processing:

Calculation of employee wages and salaries, overtime, bonuses, and statutory deductions. Secure distribution of payslips and management of all regular and ad hoc payroll cycles.

PAYE and Social Insurance Administration:

Accurate calculation and timely submission of Pay As You Earn (PAYE) and Social Insurance contributions. We handle registrations, payment, statutory filings and manage any enquiries with the relevant authorities.

Registration and Onboarding

Managing the full registration process for new employees and prompt deregistration for leavers with all key authorities, including:

Income Tax Office: PAYE employment tax registrations, payments and ongoing compliance management.
Employment Service: Employee registrations, contract notifications, amendments and compliance.
Department of Immigration & Home Affairs: Support with Civilian Registration Card (ID card) applications and renewals, including guidance on the required documentation. Support with British naturalisation applications for individuals that fulfil the requirements.

End-of-Year Payroll Support:

Full management of year-end payroll matters, including:

Preparation and timely submissions of P8, P10 and P12 forms and other year-end statutory returns.
Generating employee summaries and assisting with queries related to year-end reporting.
Ensuring all PAYE & Social Insurance has been correctly paid and assisting with any reallocations that may be required.
Ensuring all deadlines for statutory filings are met and supporting any related compliance reviews.

Pension and Benefit Scheme Administration:

Enrolment, ongoing management and statutory reporting for pension schemes, as well as administration of other applicable employee benefits. [Flyer: inclusion of pension enrolment, reporting, and deadline awareness]

Document Provision and Verification:

Preparation of payroll records and statements to support audit requirements, mortgage or bank loan applications, and other verifications as required.

Ongoing Regulatory Advice:

Proactive guidance on payroll legislation changes, regulatory updates and best practice compliance to ensure your operations are always up to date.

Every aspect of our payroll process is managed with absolute confidentiality and a focus on client needs. Confidentiality is one of our fundamental principles, reinforced by our Information Security Management Certification ISO27001:2022, giving you assurance that your payroll data is always protected and handled to the highest global standards. We take pride in our attention to detail and our commitment to giving you certainty and peace of mind.

Talk to us to discover how RSM’s tailored payroll services can enhance your organisation’s efficiency, compliance and employee experience