Payroll is a payroll management process for company employees, which includes all stages from payroll, withholding taxes and other mandatory deductions to payment of wages and preparation of financial statements
The range of payroll services includes:
- Calculation of income in the form of wages, including allowances, bonuses, surcharges and other payments
- Calculation of taxes and mandatory deductions from wages and other income of individuals
- Calculation of vacations, payments on temporary disability sheets, compensation for unused vacation upon dismissal, severance payments and other compensation payments
- Calculation of income in the form of material payments and other income of individuals
- Calculation of deductions on employee writ of execution, as well as on employee applications and loan agreements
- Preparation of the settlement summary statement
- Preparation of registers and payment documents for the transfer of salaries and other income, taxes and mandatory deductions
- Formation and submission to government agencies of mandatory forms of accounting and statistical reporting
- Preparation and distribution of individual payslips to employees
- Preparation and submission of tax returns for foreign employees
- Provision of certificates of accrued and paid income upon request of employees
- Consultations of the client and employees on the calculation of salaries and payments and deductions made
Our team is ready to take over one of the most difficult and responsible areas of accounting and tax accounting – payroll. We minimize the risks of errors and delays in payroll calculations.