PAYROLL SERVICES
Comprehensive Payroll Bureau Service
- Confidentiality with the administration of the payroll being off-site;
- Ensuring that payroll complies with current Income Tax Legislation and SARS requirements;
- Scope of service to be determined by client;
- Preparation and finalisation of Time and Attendance Schedule;
- Processing of expense claims;
- Leave administration;
- Payroll reports and pay advices;
- EFT of net pay, statutory and third party payments;
- Completion and submission of statuary returns;
- Assistance with employee queries regarding remuneration.
Structure of Remuneration Packages
- Proposal reflecting structure of remuneration package;
- Effecting required amendments to Retirement Fund Rules, employment contracts and benefit policies;
- Consultations with employees to determine individual qualification for benefits;
- Preparation and finalisation of proposed remuneration structure;
- Assistance with implementation and management of revised remuneration structure on payroll system.
Remuneration and PAYE Review
- Perusal of Remuneration and Employee Benefits Policy;
- Perusal of Employment Contracts;
- Perusal of Retirement and Medical Aid Fund Rules;
- Review of Payroll Set-up to ensure above are reflected correctly;
- Review of Fringe Benefits and Taxability thereof;
- Review of Payroll to determine compliance with current SARS practices and electronic IRP5 & IT3(a) requirements;
- Review of cash-book and/or petty cash payments made and reflection thereof on payroll system;
- Review of business expense claims and refund procedures.
Client will receive a complete written review comprising of:
- Overview of of existing employer practices;
- Compliance thereof with SARS requirements and current legislation;
- Identification of risk areas;
- Recommendations to correct policies and/or procedures.
Assistance with SARS correspondence
- Assistance with completion of the new Payroll Questionnaire;
- Assistance with PAYE audit and/or inspections.
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