Payroll Quote Request

Additional Info

Outsource your Payroll for your business, whether you have 1 or 1000 employees.  

1. Advantages of outsourcing your business' payroll with myfinance-online.co.za:  

  1. Payslip input, calculations, submission and recons done by qualified accountants.
  2. Newest changes in tax tables, UIF amounts etc applied to your payroll as soon as they happen.
  3. All payslips are stored monthly, you only need to update with new/changed information.
  4. No (expensive) software or license fees payable.
  5. All deductions calculated per employee and paid over to SARS and Department of Labour monthly.
  6. All payslips, IRP5's, returns to SARS, recons etc gets uploaded under your username where it can be viewed or printed out anytime.
  7. Cost effective, convenient,  paperless way of handling your payroll each month. 

2. Some interesting facts regarding your business' payroll: 

  1. Did you know if you are a member of a CC/director of a Company you need to deduct PAYE/UIF from your salary/money you draw from the business and pay over monthly.
  2. Did you know if you use a casual woker for more than 24 hours in a month you need to deduct UIF from his salary, declare and pay over to the Department of Labour.
  3. Did you know that UIF deductions from employees must be declared to the Department of Labour monthly on a seperate form, stating details of every single employee?
  4. Did you know if your total payroll amount exeeds R500 000 a year you need to pay over Skill Development Levy (SDL) to SARS?
  5. Did you know that if you use myfinance-online.co.za as your payroll partner you don't need to know all these "tricky" laws as we will handle everything on your behalf.  

3. The process would work as follows : 

  1. Request a quote by completing the short form below. The quote wil be e-mailed to you within 24 hours.
  2. After you have accepted the quote we will send you a sheet where you can create all your current employees. This sheet will be stored as your master and need only be changed monthly if your employees details have changed.
  3. This sheet with all basic employee information (e.g overtime hours worked, salary for the month if changed from previous month, deductions etc can then be completed by you monthly and send to us.
  4. We do the rest, calculate tax, UIF and all other deductions. Compile payslips for each employee, complete monthly EMP201 forms and  transfer money to SARS and department of Labour from your business bank account (after you have authorised it).
  5. These payslips can then be e-mailed or couriered  to reach you before payday.

WHY HESITATE - OUTSOURCE TODAY AND STOP RUNNING AROUND ON PAYDAY AND START RUNNING YOUR BUSINESS! 


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