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 to have your systems 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 bring down company morale, and this should be avoided

Business 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 might face some or all of these challenges:

Issues with Tax Compliance

Wasted time and resources

Financial loss due to employee turnover

Mismanagement leading will lead to workplace conflicts

✔ Obtaining work and residence permits

Low employee satisfaction eading to poor quality of work

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

Leave your Payroll Management to us – We’ll do it right

At A & C CHRISTOFI LTD, we offer a fully managed payroll services, always following the Inland Revenue and the Department of Social Security rules. This means that 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 including the following services:

Maintaining employee details or your company

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

Preparing ‘Statement of Emoluments and Contributions’ and submiting to the Social Insurance Department

 Preparing and submiting 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’ll skillfully manage government compliance

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

We make the process stress-free and well 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!


Covid-19 - Business support, advice, guidance and working arrangements We are posting regular updates to help our clients stay informed - Read about our Covid-19 business support and working arrangements plan. We are posting regular updates to help our clients stay informed.