PROPOSITION Clients avoid the expense of additional staff and cost of systems by outsourcing their payroll to us. We provide an accurate, flexible and confidential service. On the other hand we could write a custom payroll system for the clients if they so require it.
ACTIVITY / REPORT (S)- Process payroll according to client’s documented instructions which are updated monthly
- Distribute pay slips to employees or to designated client officer
- File PAYE records with the IRS
- File Social Security returns with SSNIT
- Compute wages & income tax summary for each employee annually.
- Prepare and file individual annual tax returns
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KEY BENEFITS
- Saves software and equipment costs
- Eliminates need for in-house accounting personnel and saves, often neglected associated personnel cost eg SSNIT, car/fuel allowance, workmen’s insurance and medical benefits for staff & family
- Access to a team of professionals to provide input and advice on such issues as working capital mgt, Mgt Structure etc.