Advantages of outsourcing your payroll to Positive Trends Financial Services

  1. thinkstock158946983Payslip input, calculations, submission and recons done by qualified accountants. 
  2. Newest changes in tax tables, UIF amounts etc applied to your payroll as soon as they happen. 
  3. All payslips are stored monthly, you only need to update with new/changed information. 
  4. No (expensive) software or license fees payable. 
  5. All deductions calculated per employee and paid over to SARS and Department of Labour monthly. 
  6. All payslips, IRP5's, returns to SARS, recons etc gets uploaded under your username where it can be viewed or printed out anytime. 
  7. Cost effective, convenient,  paperless way of handling your payroll each month. 

Payroll Administration

You may select the below services as individual services or as a monthly service. If you select the monthly service it will be an all inclusive service whereby we will process your payroll for you and do all monthly and other submissions to the relevant authorities.

  

Some interesting facts regarding your business' payroll:

  1. Did you know if you are a member of a CC you need to deduct PAYE/UIF from your salary/money you draw from the business and pay over monthly. 
  2. Did you know if you use a casual woker for more than 24 hours in a month you need to deduct UIF from his salary, declare and pay over to the Department of Labour. 
  3. Did you know that UIF deductions from employees must be declared to the Department of Labour monthly on a seperate form, stating details of every single employee? 
  4. Did you know if your total payroll amount exeeds R500 000 a year you need to pay over Skill Development Levy (SDL) to SARS?
  5. Did you know that if you use Positive Trends Financial Services as your payroll partner you don't need to know all these "tricky" laws as we will handle everything on your behalf.

 

Payroll monthly cost

Input hours
Process payslip
Calculate leave
Calculate bonus
Sent pay file for approval
Sent payslip
Submit PAYE, UIF & SDL
Do bi-annual recon
Process payroll year end
Sent IRP 5/IT 3a
Cost / employee
Per month
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R65 / month