Payroll
The time and detailed knowledge required for the satisfactory administration of the payroll function can be onerous for a business. Nexia Cape Town gives our clients the opportunity to focus on their core business by relieving this administrative burden. Besides the obvious benefit of saving time and cutting down on administrative duties, other benefits include being able to make use of our specialised knowledge of the latest changes in employees tax as well as the fact that your confidential and sensitive information is secure from employees.
Nexia Cape Town performs the following payroll services:
Processing of salaries and wages including preparation of payslips
Reconciliation of all company and other deductions
Compiling salary related reports
Administration of statutory and sundry payments such as SARS, UIF, Medical Aid, and Provident Fund
Payment of salaries/wages directly into employees’ bank accounts
Preparation and distribution of IRP5 certificates
Administration of leave
Processing of overtime, loans, bonus schedules, advances, travel claims, retrenchments and director fees
Processing and administering of changes (such as banking details) in respect of individual employees