Payroll management is a complex task and one that requires complete focus and dedication. Staff need to be paid on time but, with pay based around employee type, status, salary, wages and deductions, it’s important for systems to be in order so you don’t lose track.
Similarly, there are many varying factors to consider. From pay scales, employee classifications and promotions to employee terminations, payroll can be time-consuming – and there’s no room for error. After all, staff want to be paid accurately and without delay. Constant mistakes can create negative company morale and this should be avoided.
Payroll Services
OHow Can We Help With Your Payroll Needs?
The good news is, we’re here to help. At A & C CHRISTOFI LTD, we offer a fully-managed payroll service, always following the Inland Revenue and the Department of Social Security rules. This means you can enjoy fully compliant services that’ll free you up to focus on other important aspects of business that need your energy and focus.
What Do Our Payroll Services Include?
We offer a multi-pronged approach to payroll. Services include:
- ✔ Maintaining the details of a company’s employees
- ✔ Calculating and making payments and deductions to the employees and the Authorities
- ✔ Preparing tax returns
- ✔ Keeping up-to-date with regulations and guidelines affecting expatriate employees
- ✔ Consulting on taxation issues regarding expatriate employees
- ✔ Assisting in obtaining work and residence permits
- ✔ Liaising with the income tax authorities and the Department of Social Security
- ✔ Preparation of the ‘Statement of Emoluments and Contributions’ and submission to the Social Insurance Department
- ✔ Preparation and submission of P.A.Y.E. returns
Using the latest technology, we’ll ensure your payroll is fully functioning and adjusted in real-time so that all information is up-to-date.
Contact us today for more about our payroll services that can be specifically tailored to your business.