Importance of correct accounting of income tax and contributions are not required too much analysis.
We will draw your attention to number of reasons why you should this job outsource to external experts. These reasons include: penalty in the case of incorrect accounting and payments, subsequent requests of the employees in terms of damages, reputation risk vulnerability, protection of earnings information, etc.
Payroll Accounting services include:
- Administrative work regarding the registration and deregistration of employees, archiving and storage of personnel documentation;
- Payroll and other income calculation for individuals, production and preparation of payments orders;
- Preparation of all required monthly and annual reports in accordance with financial and tax authorities and employees requirements;
- Printing transfer order, or electronic data transmission to the Bank or Company.
