Our Payroll Services at TaxLeaders streamline your business’s payroll process, ensuring accurate salary calculations, tax deductions, and compliance with South African labour laws. Focus on growing your business while we handle timely and precise payroll management every month.
Outsourcing your payroll can save your business time, money, and resources, allowing you to focus on growth and operations.
By leveraging professional payroll services, you reduce the risk of costly errors, stay compliant with tax regulations, and eliminate the hassle of managing complex payroll processes in-house.
With outsourced payroll, you gain access to experts who handle everything from employee payments to tax filings efficiently and accurately. Additionally, outsourcing provides scalability as your business grows, ensuring your payroll system evolves with your needs. Choosing to outsource your business payroll services means less stress, more accuracy, and greater peace of mind.
Our comprehensive payroll services are designed to simplify your payroll management while ensuring compliance with all tax and labor regulations.
From full payroll administration to handling tax submissions and registrations, we provide everything your business needs for seamless and accurate payroll processing.
Below is a breakdown of the services we offer:
TaxLeaders provides expert outsourced payroll services tailored for businesses of all sizes. With competitive pricing, SAIBA accreditation, and a focus on SARS compliance, we ensure your payroll is accurate, affordable, and hassle-free.
We provide outsourced payroll services for small businesses and larger corporations. Contact us today for a free consultation.
AWS Upington2024-08-22Trustindex verifies that the original source of the review is Google. Juan from Taxleaders assisted us with an application for PBO status for our charity. Excellent and friendly service from him all the way. We will have no hesitation in using them again Victor Pike2023-06-23Trustindex verifies that the original source of the review is Google. Very helpful and professional. Gets the job done right. Highly recommend. Ryan De Jager2023-06-22Trustindex verifies that the original source of the review is Google. We have used Tax Leaders services since opening our business. They are always willing to go the extra mile. Ash Nayager2021-05-29Trustindex verifies that the original source of the review is Google. Janine Clark2020-08-26Trustindex verifies that the original source of the review is Google. Stacey-lee Nortje2019-01-17Trustindex verifies that the original source of the review is Google. Load moreVerified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
Payroll refers to the process by which employers pay their employees for work performed. It includes calculating wages, withholding taxes, and ensuring compliance with labor laws and tax regulations.
Payroll also involves generating payslips, managing employee benefits, and making necessary tax filings to authorities like SARS. It’s a critical business function that ensures employees are compensated accurately and on time, while also keeping the company compliant with financial regulations.
In South Africa, payroll is indeed compulsory for employers. Here are some key points according to South African laws:
By adhering to these laws, employers ensure they are compliant with South African labor regulations and contribute to the social security systems that protect employees.
Doing your own payroll is possible, but it requires a solid understanding of South African laws and regulations. Here’s a step-by-step guide to help you:
Understand the Legal Requirements Familiarize yourself with South African payroll laws, including the Basic Conditions of Employment Act (BCEA), Income Tax Act, Unemployment Insurance Fund (UIF), Skills Development Levy (SDL), and the Compensation for Occupational Injuries and Diseases Act (COIDA).
Set Up a Payroll System Choose a method for managing payroll, such as manual calculations, spreadsheets, or payroll software. Payroll software can automate many tasks and reduce errors.
Collect Employee Information Gather necessary information from your employees, including personal details, bank account information, tax numbers, and any other relevant data.
Calculate Gross Pay Determine each employee’s gross pay based on their salary or hourly wage and the number of hours worked.
Deduct Taxes and Contributions Calculate and withhold PAYE tax, UIF contributions, and any other mandatory deductions. Remember to also account for voluntary deductions like retirement funds or medical aid.
Calculate Net Pay Subtract the total deductions from the gross pay to determine each employee’s net pay.
Generate Payslips Create and distribute payslips to your employees, detailing their earnings, deductions, and net pay.
Submit and Pay Taxes Regularly submit PAYE, UIF, and SDL to the South African Revenue Service (SARS) and make the necessary payments.
Maintain Records Keep detailed records of all payroll transactions, including payslips, tax submissions, and payment receipts.
While it’s possible to manage your own payroll, many businesses choose to use payroll services like those offered by Taxleaders to ensure accuracy and compliance with all regulations. This can save time and reduce the risk of errors and penalties.
PAYE (Pay-As-You-Earn)
UIF (Unemployment Insurance Fund)
SDL (Skills Development Levy)
Outsourcing your payroll means hiring an external service provider like Taxleaders to handle all aspects of payroll management for your business.
Instead of managing payroll in-house, a third-party provider takes care of tasks such as calculating employee salaries, tax deductions, filing tax returns, and ensuring compliance with labor laws. This allows businesses to save time, reduce the risk of errors, and stay compliant with tax regulations, all while focusing on their core operations.
Outsourcing payroll in South Africa saves time, ensures accuracy, and keeps your business compliant with local tax laws. It reduces administrative costs, mitigates the risk of penalties, and provides scalability as your business grows.
Outsourcing payroll reduces costs by eliminating the need for an in-house payroll team, avoiding costly fines from tax mistakes, and increasing efficiency. It allows your team to focus on core business activities, boosting overall productivity.
Outsourced payroll services ensure accurate PAYE, UIF, and SDL deductions, handle monthly EMP201 submissions, prepare tax certificates (IRP5/IT3), and stay up to date with tax changes to keep your business compliant with SARS regulations.
We offer competitive and affordable payroll services near you, contact us today for a quote.
Need help with your payroll? Let our experienced specialists at Taxleaders handle all your payroll processing needs with accuracy and compliance. From managing SARS regulations to ensuring timely payments, we’ve got you covered. Contact us today for customized payroll solutions and tailored pricing that fit your business requirements perfectly!