Why does your business need professional employer registration and payroll services?

Handling the finances of any business is no small feat, regardless of your existing financial knowledge. From registering your employees with official bodies like SARS and the UIF to administering their payrolls, there are limited margins for error. As such, the importance of hiring a seasoned expert to take care of these things is non-negotiable – unless of course you yourself are a seasoned expert.

But even so, you will need to focus more on running your business and getting new customers/clients as opposed to stressing about Sally’s pay increase, or John’s new salary after demotion. Here are our top three reasons why you need professional payroll services.

Keep your employee’s registrations in check

Having a clear record of your employees’ registration with certain government bodies is crucial in maintaining the legal integrity of your business. These records will help your business stay in the clear should you ever be audited, as well as to remain compliant to SARS, the UIF and other important entities.

There isn’t anything stopping you from handling your employees’ registrations yourself, but bear in mind that will need you to learn a few things (if you haven’t already) and put in time and effort that would be more useful elsewhere. Get in touch with us today and let us help you save time and increase your business’ efficiency.

Keep your employees happy with an efficient payroll service

Hiring a professional payroll service has several benefits for you, your employees and your business. When dealing with payroll, you need to ensure that every employee gets paid the exact amount they agreed to. You also need to make sure that all taxes, such as Pay As You Earn, Skills Development Levies and Retirement Annuity are all paid duly on behalf of your employees.

Find any opportunities to minimise expenses and maximise profits

Rather than permanently hiring an individual to take care of your business’ employer registration and payroll, a move that would set you back hundreds of thousands of Rands each year, you could opt to hire a payroll service like ours that will guarantee better results at less the cost.

Does this sound like something that would benefit your business? Our cloud accountants and tax practitioners are extremely competent, contact us today to get started!