Vertu Projects Ltd can undertake a full spectrum of payroll services that ensure timely, hassle-free and accurate administration and action relating to employee remuneration and associated obligations. We can provide services throughout
the whole procedure of administering and processing payroll and the same time being in line with all prevailing laws and regulations.
- Fast and reliable data processing and preparation of payroll reports covering all deductions and contributions per employee special tax.
- Update the local authorities for any changes in the number and the personal information of the employees i.e. new employees, employees leaving the company.
- Preparation of monthly pay slips for each employee.
- Preparation of the bank transfer report for the payment of salaries through the bank.
- Timely preparation and submission of annual tax returns, e.g. Employer’s return (IR7 form), employee’s certificate of emoluments (IR63 form).
- Preparation of the payments to the Social Insurance, Inland Revenue and any other local authorities.
- Compliance with statutory filing deadlines.
- Detailed payroll cost analysis, tailored to your requirements (salaried staff, day laborers, hourly rates), by geographical area, cost centre, department, business unit etc.
- Registering your company as an employer to all the relevant government authorities.
- Accurate and timely preparation of the payroll journal for accounting purposes.
