A & C CHRISTOFI LTD > Services > Accounting > Payroll Services

Payroll Services

Managing a payroll isn’t simply delivering employee salaries. It’s a lengthy process of managing payroll calculations, payroll tax statements, year-end taxes, and more.

Payroll management is a complex task and one that requires complete focus and dedication. Staff need to be paid on time but, with pay based around employee type, status, salary, wages and deductions, it’s important for systems to be in order so you don’t lose track.

Similarly, there are many varying factors to consider. From pay scales, employee classifications, and promotions to employee terminations, payroll can be time-consuming – and there is no room for error. After all, staff want to be paid accurately and without delay. Constant mistakes can create negative company morale and this should be avoided

Challenges of managing payrolls for a business

Whether you’re a small scale business or a large enterprise, payroll management can create several barriers between you, your employees and the state policies. If you self-manage this crucial task you will face these challenges:

Issues with Tax Compliance

Wasted time and resource

You might face financial loss due to employee turnover

Mismanagement will lead to workplace conflicts

✔ Assisting in obtaining work and residence permits

Low team satisfaction will lead to poor quality of work

As an approved organisation with years of experience managing payrolls, A&C CHRISTOFI LTD can take these challenges for you and ensure these barriers are removed. We pave the path towards your business’ success with intention.


Leave your Payroll Management to us – We do it right

At A & C CHRISTOFI LTD, we offer a fully-managed payroll service, always following the Inland Revenue and the Department of Social Security rules. This means you can enjoy fully compliant services that will free you up to focus on other important aspects of business that need your energy and focus.

What Do Our Payroll Services Include?

We offer a multi-pronged approach to payroll. Services include:

Maintaining the details of a company’s employees

Calculating and making payments and deductions to the employees and the Authorities

Preparing tax returns

Keeping up-to-date with regulations and guidelines affecting expatriate employees

Consulting on taxation issues regarding expatriate employees

Assisting in obtaining work and residence permits

Liaising with the income tax authorities and the Department of Social Security

Preparation of the ‘Statement of Emoluments and Contributions’ and submission to the Social Insurance Department

Preparation and submission of P.A.Y.E. returns

Using the latest technology, we’ll ensure your payroll is fully functioning and adjusted in real-time so that all information is up-to-date.



Why hire A&C CHRISTOFI LTD for Payroll Management?

Working with professionals will save your time

Your employee data will be secure

We skilfully manage government compliance

As a full-service finance firm we offer more than just payroll services

We make the process stress-free and organised

Improved employee retention rate

Better team performance and motivation

Reduced employee turnover

We work as a part of your team to serve your team.

Contact our experts and get your payrolls rolling today!

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