An employer, regardless of the number of workers they employ, must maintain all records pertaining to payroll taxes and other deductions.
The Employer’s Responsibility
An employer, regardless of the number of workers they employ, must maintain all records pertaining to payroll taxes and other deductions (PAYE, Training Levies, Social Security and unemployment fund deductions) for at least four years after the tax becomes due or is paid, whichever is later.
This Requires;
The Setup of a payroll recording system and the monthly processing of all earnings and deductions with suitable records for the employee as well
Monthly Tax Deduction reports (EMP201)
Interim and year end employer reconciliations (EMP501)
Workmen’s’ Compensation Returns and returns on occupational injuries and claims (ROE & COID Returns)
We Promise To…
SCA realises that payroll management is a full-time job and we promise to:
To remove the pain out of your payroll system and assist you in the running and maintenance of your employee related payroll requirements.
Make your payroll management system simple in its application, which will ensure that all employees are registered on your profile for easy pay slips and reports at the end of each pay period and this will ensure that all taxation, benefits and PAYE are processed ensuring accurate IRP5 certificates at the end of each year, reconciled with monthly payments affected.