Nongalo Financial Services CC (“NFS”)

Payroll

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Even where a client has their own bookkeeper, they frequently wish to have their payroll performed confidentially off site. Our company utilizes VIP payroll software for payroll administration: NFS payroll outsourcing solution provides a quality outsourcing service, geared to meet the needs of businesses today. We provide a payroll service for monthly payroll cycles, including the production of monthly reports and security-sealed payslips. In addition, we provide a full end of tax year service including the production of all statutory employer and employee information.

Our value added Payroll Services include:

• In-depth needs analysis to ensure that you get exactly what you expect.
• High level review of remuneration structures to ensure compliance with tax legislation and other statutory requirements.
• Applying the latest legislation regarding Directors' PAYE for your executive payroll.
• Administration of your salaries bank account.
• Maintenance and reconciliation of medical aid, pension and provident fund payments.
• Maintenance and reconciliation of other third party payments including garnishee orders and staff loans.
• Leave administration.
• Preparation of electronic transfer files for employees' net salaries.
• Customised reports in both electronic format (MS Excel) and hard copy.
• Integration with your general and costing ledgers.
• Costing of salary related provisions.
• Monthly preparation and submission of the EMP201 return for PAYE, Skills Development Levy and UIF.
• Annual preparation of IRP5 and IT3 certificates and OID return.