Our value added service 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.
• Maintenance and reconciliation of other third party payments including garnishee orders, staff loans, medical aid, pension and provident fund, etc.
• Leave administration
• Customized hard copy reports.
• Costing of salary related provisions
• Monthly preparation and submission of the EMP201 return for PAYE, Skills Development Levy and UIF.

CONFIDENTIALLITY AND EFFICIENCY IS PARRAMOUNT
If you are concerned about the idea of changing from your tried and tested financial and accounting procedures, do not be. We are able to run our payroll system parallel with your old system throughout the transitional period. This will give you peace of mind that the two systems can run parallel to each other. To ensure that employees receives only one IRP5 for the tax year from your company, we do a “take on” (Year to date figures) per employee. By law an employee can have more than one IRP5 per tax year and is a “take on” not necessary. This is solely the decision of our customer.

Benefits of Best Choice outsourcing:

• Complete payroll processing on VIP Payroll system
• Printing of customized payslips
• Providing customized management reports
• Production and reconciliation of IRP501 end of year returns
• All statutory requirements complied with
• Accurate data entry and on-going maintenance of records result in improved reliability.
• Flexibility of our services to suit your needs – We discuss your requirements and then formulate a service that is individually tailored to suit your needs. Our continuous feedback process ensures that we keep in touch with the growing needs of your business.
• Professionals in legislation – We keep up to date with changing legislation and statutory obligations. This will completely alleviates the enormous burden of ever changing legislation.
• Peace of mind – You will 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.

What will it cost?

The cost of our services are determined by two factors:

OPTION 1 An electronic ACB file will be created and forwarded to your company via certified mail if your company is using it’s own salary account. This file can be imported into your banking software to transfer net salaries directly into employees’ bank accounts

OPTION 2 Your company will be supplied with a breakdown of the amounts to be transferred into our salaries bank account. BestChoice will be transferring net salaries to the individual bank accounts as well as the third party payments.

PLEASE CONTACT US FOR A QUOTATION BASED ON YOUR EXACT NEEDS