Payroll

 

Payroll is usually the single biggest overhead expense in any business. Finding, employing, motivating and training employees and then retaining the ‘good’ ones is a major challenge to business.

A Payroll system helps in the administrative processing of most of the critical aspects of employment.

No business however small should neglect payroll administration as this can lead to financial losses due to unnecessary penalties and fines for anything from late and /or incorrect tax, UIF etc. deductions to having to pay CCMA awards to disgruntled employees.

A payroll system must be legally compliant

Most Payroll Software complies with all the South African Tax and Payroll Legislative Acts, namely Basic Conditions of Employment Act, Income Tax Act, Unemployment Insurance Fund Act, Occupational Injuries and Diseases Act, Skills Development Act and Employment Equity Act. Our regular updates mean that you will always comply with the latest legislation.

 

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