We are writing to advise you that Peter Prater, our founder and Managing Director has recently announced his retirement from the business.
Peter founded Qtac back in 1994 with the idea for QtaxPro, an offline PAYE & NI calculator and expanded its offering in 1996 with a payroll package of which today 76000 companies submit to HMRC through. On top of its software offering in 2002, the business purchased a payroll bureau and our outsourced payroll service now pays over 12000 employees per month.
During his time as Managing Director, the business has seen significant client, revenue and profit growth, and has received various accolades recognising customer service, operational excellence, and high recognition in its industry.
On announcing his retirement Peter said, “I’ve been privileged to lead UK’s best payroll company supported by a great team and after almost 25 years with the company and at the grand age of 70 it’s time to start enjoying a retirement and transfer the helm to a new leader who can take the business forward. The future of Qtac is positive, exciting times lay ahead and I wish the team every success.”
This announcement brings mixed feelings for the management board, staff and we are sure many of you, our customers. Peter has been the face of the business for 24 years, his contribution has been huge and he will be missed. That being said we are all excited for him and Bryonie and I am sure you will join us in wishing them our very best as they embark on this next phase of their lives.
It’s clear that Peter leaves the business in a fantastic position to continue with this success into the future. The existing management board will continue with the work Peter started and will keep you updated on various projects over the forthcoming months.
Should you have any questions regarding this announcement please direct them to Simon Palmer, Sales and Marketing Director.