• Determining gross pay based on hours worked, salary agreements, or commissions.
• Applying deductions such as income tax, social security, insurance, pension, or union dues.
• Issuing detailed payslips (paper or digital) to employees that show earnings, deductions, and net pay.
• Calculating and remitting payroll taxes (e.g., PAYE, NI) to government authorities.
• Preparing and filing tax returns, including end-of-year forms (e.g., P60).
• Transferring net wages directly to employee bank accounts on scheduled pay dates.
• Handling multiple payment types (hourly, salaried, bonuses, overtime, etc.).
• Integrating pension contributions, health benefits, and voluntary deductions into payroll.
• Accounting for holidays, sick leave, and unpaid leave when calculating pay.
• Maintaining up-to-date payroll records for compliance and auditing.
• Providing summaries and analytics for HR and finance teams.
© 2025 Eliezer Services All Rights Reserved.