Managing your company’s payroll is an essential task that requires accuracy, efficiency, and compliance with tax regulations. One way to streamline this task is by using a payroll management system. MoneySoft offers a range of payroll solutions designed to meet the needs of different kinds of businesses, but understanding the pricing tiers and costs can be a little daunting.
Here, we explain MoneySoft’s Payroll Manager pricing options, so you can make an informed decision for your business.
Moneysoft payroll costs compared
| Feature / Tier | Payroll Manager 20 | Payroll Manager 100 | Payroll Manager 250 |
|---|---|---|---|
| Annual Cost (Excl. VAT) | £82 | £164 | £246 |
| Number of Employers | 1 | Unlimited | Unlimited |
| Max Employees/Subcontractors | 20 | 100 | 250 |
| Multi-Company Support | No | Yes | Yes |
| Includes Leavers | Yes | Yes | Yes |
| Licence Duration | 12 months | 12 months | 12 months |
| Updates Included | Yes | Yes | Yes |
| Email Support | Yes | Yes | Yes |
This table provides a quick glance at what you get with each tier, making it easier for you to decide which one is most suitable for your business needs. Remember, the prices listed are exclusive of VAT, so don’t forget to factor that into your budget.
Payroll Manager 20 – For smaller businesses
Price
The Payroll Manager 20 is priced at £82 per year, excluding VAT.
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- Easy and no commitment
Features
- Designed for 1 employer or contractor
- Manage up to 20 employees or subcontractors
- Includes leavers during the tax year within the 20-employee limit
- 12-month licence from the date of purchase
This tier is ideal for small businesses or sole contractors who have fewer than 20 employees or subcontractors to manage. The price includes all updates and email support, offering excellent value for money.
Payroll Manager 100 – For growing companies
Price
The Payroll Manager 100 comes in at £164 per year, also exclusive of VAT.
Features
- Multi-company support with no limit on the number of employers
- Manage up to 100 employees or subcontractors per employer
- Includes leavers during the tax year within the 100-employee limit
- 12-month licence from the date of purchase
This option is tailored for medium-sized businesses or firms that manage payroll for multiple companies. It offers excellent scalability, with the capacity to manage up to 100 employees or subcontractors per employer.
Payroll Manager 250 – For larger enterprises
Price
For businesses requiring even more capacity, the Payroll Manager 250 is available for £246 per year, excluding VAT.
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- Receive quotes to compare
- Choose a provider or walk away - your choice!
Features
- Multi-company support with no limit on the number of employers
- Manage up to 250 employees or subcontractors per employer
- Includes leavers during the tax year within the 250-employee limit
- 12-month licence from the date of purchase
This option is suitable for larger companies or payroll firms that require multi-company support and the capability to manage up to 250 employees or subcontractors per employer.
Common features across all tiers
All tiers come with a 12-month licence, include all updates, and offer email support. Importantly, the prices quoted are exclusive of VAT, so you’ll need to factor that into your budget.
Conclusion – Moneysoft payroll costs
MoneySoft’s Payroll Manager pricing is designed to offer scalability and flexibility to businesses of different sizes.
From the Payroll Manager 20 suited for smaller enterprises to the Payroll Manager 250 for larger or multi-company setups, there is an option for virtually every business requirement.
With the price including all updates and offering email support, MoneySoft provides a comprehensive solution for your payroll needs.
For more, see our guide to cheap payroll, or if you’re also considering outsourcing, see our guide to payroll service bureau costs.
MoneySoft alternatives
FAQ for MoneySoft Payroll Manager pricing
The price of each MoneySoft Payroll Manager tier includes all updates to the software and email support for the duration of the 12-month licence.
No, the prices mentioned are exclusive of VAT. You will need to add VAT to get the final price.
MoneySoft does not provide specific information on switching between pricing tiers, but you may need to purchase a new licence for the desired tier. It’s best to contact MoneySoft directly for details on how to switch between tiers.
Your MoneySoft Payroll Manager licence will expire after 12 months from the date of purchase. You will need to renew it to continue using the service.
No, multi-company support is only available in the Payroll Manager 100 and 250 tiers.
The employee limit refers to the maximum number of employees or subcontractors you can manage using the software. This limit includes leavers during the tax year.
If an employee or subcontractor leaves the company during the tax year, they still count towards the employee limit for that year.
MoneySoft does not specify discounts for managing multiple companies. However, the Payroll Manager 100 and 250 tiers allow for an unlimited number of employers, making them cost-effective solutions for managing multiple companies.
The information provided specifies that email support is included in all tiers. For additional types of support, it’s best to contact MoneySoft directly.
No, all updates are included in the annual licence fee for each pricing tier.
Hopefully, this FAQ section has clarified any uncertainties you may have had about MoneySoft’s Payroll Manager pricing. For any further questions, it’s always best to reach out to MoneySoft directly.