Benefits of outsourcing payroll:

  • Cost effective
  • Guaranteed confidentiality
  • Fast and accurate payroll processing
  • Effective salary structuring in order for employees to maximise their net earnings
  • Compliance with South African tax laws

By following a cost-to-company (CTC) salary structure approach, clients are better equipped to budget more accurately as the monthly salary overheads would remain fixed rather than fluctuate monthly. However, where overtime and commission is applicable this will drive the salary variable costs up or down. Similarly, an increase in commission should see a direct correlation in the increase in revenue.

Payroll services ERH Accountants offer include, but are not limited to:

  • Weekly, fortnightly and monthly payroll processing
  • Issuing of electronic and/or printed payslips
  • EMP201 monthly return submissions
  • Monthly UI19 form submissions
  • Tax directive applications
  • EMP501 bi-annual reconciliation and return submission
  • E@syfile bi-annual and annual submissions
  • Issuing of IRP5/ITa employee certificates
  • Leave management