Payroll services

Why outsource your Payroll?

Cut Costs and Increase Productivity!

In the current economic trend companies need to find efficiencies, avoid unnecessary expenses and evaluate all cash outflows. Outsourcing your payroll could have a positive impact on your bottom-line income.

By outsourcing your payroll services there is no need for an in-house payroll administrator, reducing the cost of labour, valuable time, training and software expenses. You will also save money and time on office infrastructure, printing costs, creating statements, tax documents, and the like.

In the years to come your company will continue to expand and grow and you will require expanded administration resources. This will result in additional fixed costs. SBT Chartered Accountants are professionally equipped to assist you in capacity building – as your company grows, we continue to deliver quality payroll outsourcing services at very low charges.

Avoid Payroll Queries

Legislation with regard to governing payroll is becoming more complex and may lead to penalties and interest levied by authorities. SBT Chartered Accountants will assist you to ease the burden of an ever-changing legislation.  Trust SBT Chartered Accountants to ensure that your company’s payroll adheres to the latest Employment and Tax legislations.

Reliable solutions tailored to your company’s needs

SBT Chartered Accountants uses a payroll system that delivers an all-inclusive payroll service to our clients.  This software system has positioned it as a proven industry leader – custom designed to suit all processing requirements of salaries and wages administration.

Confidentiality

By outsourcing your payroll duties, you greatly reduce your risk of sensitive payroll information been shared.

Payroll services include, but not limited to the following:

• Weekly/Monthly processing of payroll

• Registration of PAYE with the SARS

• Registration of UIF with the Department of Labour

• Registration with the Compensation Commissioner

• Submitting of yearly returns to the Compensation Commissioner

Our monthly payroll services are priced per employee, per month, and include the following:

• Preparation of weekly/monthly payroll

• Emailing weekly/monthly pay schedule to employer

• Emailing of payslips to employees

• Submitting monthly EMP201 returns to the SARS

• Submitting monthly UIF returns

• Submitting of EMP501 Reconciliations to the SARS (Half yearly and yearly)

• Issuing of annual IRP5 / IT3 Certificates to employees