Troncmaster & Payroll Service
If you want total peace of mind, let us look after your tronc and payroll
The most comprehensive tronc service
As part of the Ascend Payroll Group, ‘Tips and Troncs’ offers not only an independent Troncmaster service but also a managed payroll service. For many clients, this option eliminates the hassle of processing and distributing tips through the payroll.
We will run your tronc payments on your existing PAYE, so your staff won’t be confused with multiple PAYE schemes, but we will still ensure that your tronc scheme is run compliantly and attracts all the benefits associated with a tronc scheme;
- No Employers’ NI on tronc tips
- No Employees’ NI on tronc tips
- Fully HMRC compliant
- In line with the requirements of the new Tipping Legislation
How does it work?
The scheme will run as per our standard Troncmaster Service, but instead of sending you the breakdown of the tips payments due for each employee, we will bring that information to the payroll data and pay alongside your payroll.
Ascend Payroll provides a premium payroll service, which, when coupled with our Troncmaster service, ensures accurate, compliant, and efficient payroll and tronc payments to your workforce.
As your tronc and payroll provider, we will be responsible for:
- Taking your payroll data (we can integrate with your in-house HR and T&A systems)
- Extracting the data and processing your payroll for each pay period
- Managing pension compliance
- Paying your employees and third parties wages and tronc payments
- Clearly identifying what is salary and what is tronc payments on the employee payslip
- Providing electronic payslips
“Troncs have been around for a while, but payroll bureaus have largely ignored them. Many are unsure how to process them alongside the PAYE scheme.
Ascend Payroll have experience working with the hospitality sector, and this included gaining a deep understanding of tronc schemes and how to run them through the payroll.
‘Tips and Troncs’ service goes hand in hand with our hospitality managed payroll service to provide a seamless pay experience.”
Stewart Waddell
CEO, Ascend Payroll