Payroll Services In Nigeria
Payroll is concerned with the financial records of salaries, wages bonuses, allowances, and deductions of employees in an organization. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll is simply concerned with the administration and management of personnel costs in an organization. From the accounting point of view, payroll is crucial, because they are subject to law and regulations(e.g in Nigeria Payroll is subject to Personal Income Tax Acts).
From the business ethics perspective, the payroll department is critical because employees are responsive to payroll errors and irregularities. Boosting good employee morale requires employees pay to be paid timely and accurately.
The primary and most important mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct tax, pensions, and other deductions and that all the deductions are remitted promptly. This includes salary payments, tax withholdings, and deductions from a paycheck.
Payroll comes in all types and sizes. They may vary in complexity, but they all have one thing in common – they are urgent!
Which why we have a dedicated team of specialists in our payroll department geared up in providing a timely, accurate, and flexible service tailored to suit your needs.
We can relieve you of the pressure of:
- Structuring and packaging your payroll
- Calculating PAYE, overtime pay, sick pay, maternity pay, terminal benefits, pensions, NHIS, NHF, etc.
- Helping you make remittances in respect of your PAYE, Pensions, NHIS, NHF, et
Alternatively, we can also provide PAYE training if you prefer to do it yourself, and a helpline in case of any difficulty.