Your business is growing, your employees are happy because you are now paying them on time. However the only proof of payment your team has is a mere bank statement. They have nothing else other than that to show that they are formally employed. The question is "what's missing?"
The answer is a simple one; PAYROLL! Yes, PAYROLL. So what is payroll and does it really matter for a small business that wants to be big? Think about SARS, employee tax in the 2017 tax year was the largest revenue source at a staggering figure of 34%, significant huh?
Other than boosting our government's revenue, payroll does the following;
Saves you time and money - Outsourced payroll is usually cheaper than doing it in-house.
Helps you comply with Tax laws - The ramifications that come with non-compliance can be daunting!
Now when it comes to Payroll where else can you get a quick, consistent and reliable service other than at Mambodla Professional Accountants?
The answer is a simple one; PAYROLL! Yes, PAYROLL. So what is payroll and does it really matter for a small business that wants to be big? Think about SARS, employee tax in the 2017 tax year was the largest revenue source at a staggering figure of 34%, significant huh?
Other than boosting our government's revenue, payroll does the following;
Saves you time and money - Outsourced payroll is usually cheaper than doing it in-house.
Helps you comply with Tax laws - The ramifications that come with non-compliance can be daunting!
Now when it comes to Payroll where else can you get a quick, consistent and reliable service other than at Mambodla Professional Accountants?
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