TWK Contact: Dupie van Rensburg

Transcription

1 Contact: Dupie van Rensburg C: +27 (0) T: +27 (0) F: +27 (0) PO BOX 128 Piet Retief, 2380 De Wetstraat 11 De Wet Street Piet Retief, Mpumalanga

2 TWK's vision is to achieve sustained growth together with the mission to deliver value adding products and services to the industries in which we operate. With the increasing demand for reliable payroll services we decided to offer our clients professional, quick and quality payroll and tax services. Our friendly and quali ed personnel are available to assist in any aspect of your payroll needs. We provide affordable packages, tailor made products and excellent service!

3 We are proud to provide the following range of products: Services Payroll Payroll and leave Monthly Price * These rates are based on a standard setup. Additional services, financial take-on and other customised solutions will be quoted separately. * All prices are VAT exclusive Salaries\Wages / processing (incl. (incl. payslips) R85 R85 per per employee (Minimum 10) 10) by reduced R5 for each by R5 for additional each additional bracket of 25 bracket employees. of 25 employees. R95 per employee (Minimum R95 per employee 10) (Minimum 10) by R5 for each by R5 for each additional additional bracket bracket of of employees. Payroll, Leave and HR functions R110 per employee R110 per employee (Minimum (Minimum 10) 10) by by R5 R5 for for each each additional bracket of of employees. payslips) Monthly payroll reports Preparation of reports and statutory payments (EMP201, UIF Submission, Garnishee orders and IT88 s) UIF submissions Employee Tax Incentive Claims Electronic Bank file Bi-annual IRP5/IT3 preparation and submission to SARS Employee terminations Data backups Customised reporting as per client requests Optional * * Leave Management General Ledger interface file UI19 reports upon termination Quarterly Stats SA reports Optional * * Optional Optional * Optional Optional * Optional Optional * Annual OID (Was8) report Optional Optional * * Employers with a staff compliment of more then 50 employees will be quoted separately.

4 Additional Services: Basic employment contracts. WCA assistance and reporting. Employment Equity reports. Statutory Posters BCEA, EE and LRA Obtaining Income tax numbers for employees. Assistance with personal tax returns. Separate Executive Management Payroll. By making use of our service, our clients will automatically enjoy the following bene ts: Cost saving: Employment Tax Incentive (ETI) Lower Bank Transaction Costs Accurate Leave Management No Software Costs or Annual Fees Comply with Legal Requirements: Section 31, 32, 33 and 35 of the Basic Conditions of Employment Act, Act 75 of 1997 Unemployment Insurance Amendment Act, No 32 of 2003 PAYE Statutory regulations Income Tax Act 52 of 1962

5 Monthly payroll process: Client collects payroll data and captures it on the template provided by TWK. TWK captures payroll data from templates as received from client. Amendments and changes received Completed payroll reports and statutory payments are sent to client to check and con rm. Garnishee validation Payroll correct? No Yes Payroll is nalised, pay slips and reports are sent to client to pay the salaries with electronic bank le. UIF submission to the Department of labour by TWK Schedule of the amounts due to third parties nalised and sent to client to pay with electronic bank le.

6 The client will be responsible to: Collect data and forward to TWK Con rm reports and statutory payments Make payments with electronic bank le TWK Payroll services will also take responsibility for the following: Preparing electronic tax certi cates. Preparing IRP5 and IT3 certi cates. Preparing and reviewing the le import le for mid and end of tax year processes. Keeping up to date and in line with statutory requirements. Data backup and safe keeping. Records to be kept by TWK for 5 years Legal and Best Practice Principles It is a requirement that all earnings and monetary bene ts (whether in cash or in kind), which an employee may receive, must be processed through the payroll. We are obliged to conduct the payroll outsourcing on your behalf in a transparent and auditable way. As your outsourced payroll provider we may be requested by the South African authorities to complete certain remuneration related questionnaires on your behalf. If and when requested to do so, the questionnaires will be completed accurately and truthfully.

7 Notes

8 Contact: Dupie van Rensburg C: +27 (0) T: +27 (0) F: +27 (0) PO BOX 128 Piet Retief, 2380 De Wetstraat 11 De Wet Street Piet Retief, Mpumalanga