REASONS TO OUTSOURCE PAYROLL
Confidentiality within the business. No transfer amounts reflect on company’s bank statements. Peace of mind knowing the payroll is run in accordance with the 5 Acts governing payroll. No need to keep accounting staff up to date with legislation. No Annual License payments or consultation fees for payroll programs. Allows management to focus on growing the business.
Payroll Bureau Services FUNCTION
To obtain all salary and wage changes from the client. Process the payroll. Deliver payslips and reports, either electronically or by hand. Advise clients of total salary amount. On receipt of funds, electronically transfer into employee’s bank accounts and pay SARS. Process the electronic UIF declaration and submit the EMP201. Also reconcile and submit the Bi Annual and Year End submissions to SARS.
- Total confidentiality within the company
- More time for company to focus on their core business
- No need to stay up to date with legislation
- Statutory Returns are all taken care of
By outsourcing their payrolls to MRBM, clients can rest assured that for a set monthly fee all their payroll requirements will be met. It is a hassle-free solution that is most cost-effective and offers peace of mind.