Payroll Processing
We ensure that employees are paid accurately, on time. Even if you employ one employee you now have a payroll process to run a successful business. The payroll process is important for any business and is no longer just a matter of paying an employee’s salary into a bank account at the end of each period. Businesses now have a host of functions associated with the paying of employees, ensuring compliance with:
- Department of Labour for UIF – monthly electronic submission regarding staff
- Department of Labour for COIDA (Compensation of Injuries & Diseases Act) – Annual electronic Return
- Employment Equity – storing of information for this application
- Garnishees – payments and maintenance of the balances
- Leave – keeping accurate leave records
- SARS
- Monthly payment of PAYE, SDL & UIF.
- Mid-year & Tax Year End submissions and recons.
- Issuing of Tax Certificates (IRP5’s).
- STATS SA (Statistics South Africa) – should a company get selected to complete this return, STATS SA will send quarterly returns to be completed with details such as headcounts, salaries, overtime, bonus, etc.
- 3rd party payments & recons e.g. Medical Aid, Retirement Funds (Pension or Provident Funds), Discovery Life