Market trends are showing that many businesses are evaluating the administration of their payroll and have found that outsourcing their payroll has the following benefits.
  • Eliminates the need to employ skilled Payroll Administrators at a high cost.
  • Eliminates the need to purchase expensive Payroll Software.
  • Eliminates theft and fraud.
  • Finance and HR Resource can be utilized to perform more productive functions.
  • Ideal for Small to Medium Sized Businesses and Government Departments / parastatals.
Flexibility
We discuss your requirements and then formulate a service that is individually tailored to best suit your needs. Our continuous feedback process ensures that we keep in touch with the growing needs of your business.

Professionalism
Our outsourcing services are backed by professionally trained staff and the latest software which is constantly under review and updated in line with statutory obligations and according to the changing needs and expectations of our clients. This completely alleviates the onerous burden of ever changing legislation.

Peace-of-Mind
tax-assist accountants tm Payroll Outsourcing provides reliable and cost effective services, irrespective of the complexity of your salaries and related systems. With tax-assist accountants Payroll Outsourcing service you have complete peace of mind that your employees are paid on time, every time, and are assured that your monthly and annual returns are submitted correctly. A needs analysis will be done to establish what your requirements are, and a quotation will be supplied accordingly.
tax-assist accountants tm Payroll Outsourcing Solution provides a quality outsourcing service, geared to meet the needs of businesses today. We provide a payroll service for monthly, weekly and fortnightly 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.

Executive Payrolls Confidentiality is of utmost importance when processing your executive payroll. tax-assist accountants tm executive outsourcing services will ensure that your executive payroll remains confidential and that directors’ taxation is handled in line with the latest legislation.

Our value added 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.
Benefits of tax-assist accountants tm Payroll Outsourcing include:
  • Complete payroll processing on our powerful software.
  • Printing and distribution of customised payslips.
  • Transmitting your declaration file to the UIF on your behalf.
  • Providing customised management reports.
  • Production and reconciliation of IRP501 end of year returns.
  • All statutory requirements complied with
The tax-assist accountants tm Payroll Outsourcing Solution is a complete payroll processing solution that effectively combines superior service and technology to meet the complex needs of today's business environment.
  1. Input
    • A designated representative of your company sends us the monthly input via fax or e-mail.
    • Input includes overtime hours, travel claims, changes in medical aid and retirement fund information, changes in employees’ personal information and banking details, leave transactions, etc.


  2. Transformation
    • Input is processed on the Payroll System.
    • A technical expert at tax-assist accountants reviews the processed payroll.
    • Summary reports are forwarded to the contact person at your company to be signed off.
    • As soon as tax-assist accountants has received the signed off reports your company is supplied with a breakdown of the amounts to be transferred into your salaries bank account.
    • An electronic ACB file is created and forwarded to your company via Certified Mail. This file can be imported into your banking software to transfer net salaries directly into employees' bank accounts.
    • Medical aid and pension reconciliations, as well as reconciliations for other applicable external payments are done.


  3. Output
    • Payslips are printed for each employee and are distributed to the designated contact person at your company in a security sealed box.
    • tax-assist accountants tm supplies you with hard copy and/or electronic reports that are customised to your company's needs.
    • tax-assist accountants tm completes your monthly EMP201 return for PAYE, UIF and SDL on-line. You are notified via e-mail as soon as the return is ready for submission. You then submit the file electronically at the click of a button.
    • Your company receives a schedule of all payments to be made to external parties.
    • An electronic integration journal interface file is distributed to your company via Certified Mail.
    • You supply tax-assist accountants tm with your salaries bank account statements.
    • The salaries bank account is reconciled to the payments requested.
    • tax-assist accountants tm drafts a cash statement for your company's salaries bank account.


  4. Feedback
    • During the first three months of the relationship a monthly meeting will be arranged to ensure that all your needs are addressed.
After the first three months a quarterly service review will be conducted to ensure that the outsourcing solution is in line with your on-going requirements.

Pricing
Depending on the employee profile of your business, different rates are charged. We will visit your offices to do an on site inspection and provide you with a quotation which will be valid for 6 months.
As your business grows, your bookkeeping and accounts production grows with it. We will prepare your annual financial statements that will form the basis of your tax return, whether you are a sole trader, partnership, close corporation or private company.

This will be invaluable for providing information about your business to financial institutions for example for loan applications. We will endeavour to advise you on ways to strengthen your record keeping that will assist you in meeting your statutory obligations and managing your affairs.

In many cases our system is hassle free, requiring minimum work from your side and all information required by tax-assist accountants tm can be emailed to our offices. We also offer the service of collecting data when necessary.
tax-assist accountants tm will ensure that your business accounting records are compiled according to GAAP (Generally Accepted Accounting Practices) and will provide you with a monthly review of your Financial Statements as well as important Analysis to assist you in growing your business.

Unlike many bookkeepers who simply provide you with figures and paper, tax-assist accountants tm will send you monthly reports with comments from our Management Board on the performance of your business in plain simple language.

Our main aim is to assist you in growing your business through the financial data we compile for you. This will give you extra time to manage and grow your business with the tax-assist accountants tm team of financial experts behind you every step of the way.
The tax-assist accountants tm Outsourced Solution is a built on a combination of enhanced technology and a comprehensive understanding of the accounting environment and how it relates to different business environments. Compiling a set of accounting records is easy, transforming the information into a format from which management can extract vital information about the business is what gets us excited. This way we can assist you in making the right decisions and growing your business.

  1. Input
    • A designated employee at your company is trained to send us the required information on a monthly basis.
    • This information is emailed to our offices or collected from your offices within the first week of each new month.
    • Information required varies from company to company and tax-assist accountants tm and will normally include: (electronic bank statement, petty cash journal (our format), customer invoices issued list, cheque book stub information).


  2. Transformation
    • The input data is captured on to our auto intelligent accounting systems.
    • We audit your data for accuracy each month.
    • We ensure that all your accounts month-end balances are reconciled.


  3. Output
    • tax-assist accountants tm compile our standard reporting statements which is emailed to your offices before the 15th of each month. Standard reports include: Income Statement, Balance Sheet, Sales Graphs/charts and Expense Graphs/charts, to be used by management to monitor the Financial Status of the Business.
    • We reconcile your company VAT accounts monthly.
    • We submit your VAT returns to SARS electronically.


  4. Feedback
    • tax-assist accountants tm will provide you with regular feedback ensuring that your decision to appoint us as your tax accountants will be financially rewarding to your business.
    • tax-assist accountants tm notify you of any new legislative requirements and will ensure that at all times your business is compliant with the relevant SARS requirements whether relating to your VAT or any other SARS related issue as well as other Statutory Bodies, giving you absolute peace of mind.
tax-assist accountants tm also offers comprehensive secretarial services at very competitive prices. From new Close Corporation and Private Company Formations to applications for VAT registration and Tax clearance Certificates, we will be able to offer you an unrivalled premium service with the fastest turn-around times in the country.

Download the price listings (here).
tax-assist accountants tm uses innovative auto intelligence accounting systems, thus reducing the amount of time required to do your work. Most accountants charge clients according to the time spent or relating to how many transactions appear on their bank statement, fortunately for you we only charge you per bank account. Thus we are able to offer the best prices in the market.
We offer flexible payment option which we call easypay, which allows our customers to pay their accountancy fees monthly by debit order which will assist in your business cashflow. You may download our pricelist from the website, please note that all businesses have different accounting needs and our prices might vary. In most instances our pricing guideling works perfectly.


vlad designed this
© 2009 helloVlad.com. All Rights Reserved.