UnityFour provides outsourced as well as in house payroll services. Understanding our clients specific needs and responding to them with professional excellence is the UnityFour approach to business. Whether a current client or a prospective client or simply searching for a better solution, we can assist in finding the best solution for your unique situation.
Payroll Services provided, includes amongst others, the following:
- Preparation of the monthly payroll computations including statutory bonuses (Christmas, Easter and vacation) and any other bonuses and/or statutory benefits that may be provided to the employees.
- Preparation of the monthly net payable payroll lists for company’s approval and use of the bank, if salaries will be paid through direct bank transfers to employees’ bank accounts.
- Preparation of the monthly social security contributions.
- Filing of the quarterly social security returns.
- Preparation of the monthly payroll slips to be given to employees.
- Preparation of the payroll withholding tax returns.
- Preparation of the payroll journal entries for each month.
- Preparation of the notification of employees’ particulars to the labour authorities.
- Calculation of the compensation to be paid to employees, as statutory termination indemnity, upon their resignation or in case of dismissal.
- Preparation of the annual summary statement of earnings and withholding taxes for each employee for their personal income tax return purposes.