Choosing a payroll service for your business is a vital decision that can save you time and money while also ensuring your employees are paid correctly and on time. Payfit offers a range of payroll packages to suit different business needs. Let’s take an in-depth look at the pricing and features of each package to help you make an informed decision.
Payfit plans and pricing comparison
Here’s a table to help you quickly compare the features and costs of Payfit’s Light, Standard, and Premium plans:
| Feature/Cost | Light | Standard | Premium |
|---|---|---|---|
| Starting Monthly Cost | From £25* | From £75* | From £135* |
| Cost per Employee | £6 | £6 | £6 |
| Base Fee | £19 | £69 | £129 |
| Cancellation Policy | You can cancel anytime | You can cancel anytime | You can cancel anytime |
| Core Payroll | ✓ | ✓ | ✓ |
| Bank File | ✓ | ✓ | ✓ |
| Supported Onboarding & Video Training | ✓ | ✓ | ✓ |
| RTI Submissions | ✓ | ✓ | ✓ |
| Standard Pensions | ✓ | ✓ | ✓ |
| Help Centre Access | ✓ | ✓ | ✓ |
| HR Features | ✓ | ✓ | |
| Expenses | ✓ | ✓ | |
| 1-2-1 & Performance Review Modules | ✓ | ✓ | |
| Automated P11Ds | ✓ | ✓ | |
| Access to CIPP Payroll Experts | ✓ | ✓ | |
| Non-standard Pensions | ✓ | ||
| Custom Payroll Journals | ✓ | ||
| Managed P11Ds | ✓ | ||
| Optional Faster Payments | £1/employee/month | £1/employee/month | £1/employee/month |
* From price does not include the base fee or per-employee cost.
Payfit Light plan
The Light plan is the entry-level option. It covers core payroll functions such as RTI submissions and standard pension contributions. It also provides supported onboarding and video training, as well as access to a help centre. If your needs are basic and you have up to 25 employees, this plan might be suitable for you.
- Takes 2 minutes
- Receive quotes to compare
- Easy and no commitment
Costs
- From £25 per month*
- Or £6 per employee per month
- Plus £19 base fee
*You can cancel anytime
Features
- Core payroll
- Bank file
- Supported onboarding and video training
- RTI submissions
- Standard pensions
- Help centre access
- Optional: Faster payments at £1 per employee per month
Payfit Standard plan
The Standard plan includes everything in the Light plan, along with added HR features, expense management, and 1-2-1 performance review modules. Additionally, you get automated P11Ds and access to Chartered Institute of Payroll Professionals (CIPP) experts. If your business needs go beyond just payroll, this plan is worth considering.
Costs
- From £75 per month*
- Or £6 per employee per month
- Plus £69 base fee
*You can cancel anytime
Features
- All features of Light
- HR features
- Expenses
- 1-2-1 and performance review modules
- Automated P11Ds
- Access to CIPP payroll experts
- Optional: Faster payments at £1 per employee per month
Payfit Premium plan
The Premium plan offers a comprehensive range of features, including everything in the Standard package, along with customisable payroll journals, managed P11Ds, and non-standard pension options. For businesses that require a tailored payroll and HR solution, the Premium plan is an excellent choice.
- Give your requirements
- Receive quotes to compare
- Choose a provider or walk away - your choice!
Costs
- From £135 per month*
- Or £6 per employee per month
- Plus £129 base fee
*You can cancel anytime
Features
- All features of Standard
- Non-standard pensions
- Custom payroll journals
- Managed P11Ds
- Optional: Faster payments at £1 per employee per month
Additional information
All plans are designed for businesses with a maximum of 25 employees. For companies with more than 25 employees, prices are available upon request.
Conclusion – Payfit payroll costs
Payfit offers a variety of plans to fit the needs of various UK businesses. From small enterprises looking for basic payroll features to larger organisations requiring a comprehensive HR and payroll solution, Payfit has an option for you.
Always bear in mind the additional costs for features like faster payments, and if you have more than 25 employees, you’ll need to request custom pricing.
Take your time to analyse the features and pricing that best suit your business needs and make an informed decision accordingly.
For more, see our guides to cheap payroll and payroll services prices.
FAQ for Payfit payroll costs
The starting monthly cost for the Light plan is £25, not including the base fee or per-employee cost.
Yes, all Payfit plans come with a cancellation policy that allows you to cancel anytime.
Yes, the base fees are £19 for Light, £69 for Standard, and £129 for Premium.
Faster payments are an optional feature available for an additional £1 per employee per month.
The Standard and Premium plans include HR features like expenses, 1-2-1 and performance review modules, and access to CIPP payroll experts.
Yes, automated P11Ds are included in both the Standard and Premium plans.
RTI (Real-Time Information) submissions are reports sent to HMRC that contain details about employees’ tax and National Insurance contributions.
All plans come with help centre access, and the Standard and Premium plans also include access to CIPP payroll experts.
Non-standard pensions are supported only in the Premium plan.
Custom payroll journals are available only in the Premium plan.
It includes guidance and training videos to help you integrate Payfit into your payroll processes easily.
Each plan supports a maximum of 25 employees. For more than 25 employees, you’ll need to request custom pricing.
The information provided does not mention any setup fees, but it’s best to consult Payfit for this detail.
These modules allow you to conduct individual assessments and performance reviews of your employees.
Standard pensions refer to the pensions that comply with the UK’s automatic enrolment obligations. Non-standard pensions would be any custom or specialised pension plans your company may use.
No, the monthly cost per employee is an alternative pricing option to the starting monthly cost.
The information provided does not specify this, so you may need to check directly with Payfit.
Managed P11Ds imply that Payfit will handle the entire process for you, whereas automated P11Ds may require some input or review from you.
The base fee is a fixed cost that covers the fundamental usage of the platform, independent of the number of employees you have.
Consider your specific payroll and HR needs, as well as your budget, and compare the features in each plan to determine which is the best fit for your business.