Payroll outsourcing

Complete payroll services

The payroll needs of companies can vary, but our services generally include the following tasks:

• Payroll calculations – calculation of net salary payment including monthly personal withholding tax, overtime payment or other benefits, social fund contributions and other monthly deductions

• Pay-slip creation – a carbon-slip consists of payroll in detail for each employee

• Submitting pay instructions to your bank – payroll instructions to be given to the bank to automatically release payment to each employee

• Personal Income Tax Report form (PND 1) – preparation of filing form for monthly personal withholding tax for all employees and director(s) to the Revenue Department

• Social Security (SPS 1-10) – preparation of the filing form for the monthly social contributions of all employees to the Social Fund office

• Withholding Tax Certificate (BIS 50) – issuance of a certificate of total earning salary, withholding tax, social fund contributions, and provident fund (if any) for the whole calendar year for each employee. This certificate is required for Filing of Personal Income tax returns.

• Provident fund – calculation of provident fund deductions for each employee’s payroll

• Workmen’s compensation – preparation and submission of annual contribution to Social Fund Office

• Payments to government agencies – submission of government fee(s) to each government department