Payroll Services

Andersen Tax provides outsourced as well as in house payroll services. Understanding our clients specific needs and responding to them with professional excellence is our 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

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