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Payroll Services Singapore

One of the most important tasks for all businesses is the preparation of payroll and payment of salary. This process can be further complicated and made more time-consuming with additional components such as benefits, allowances, deductions, government remittance, and much more. This is why many SME

One of the most important tasks for all businesses is the preparation of payroll and payment of salary. This process can be further complicated and made more time-consuming with additional components such as benefits, allowances, deductions, government remittance, and much more. This is why many SMEs opt to outsource their payroll function to third-party accounting firms.

By engaging BizCom’s payroll service, we ensure that government remittances such as CPF are paid on time, tax filing requirements are adhered to, and all payroll information is kept confidential off-site.

Based on the information and required documents you provide us with, BizCom’s accounts manager will review and organize the necessary information to create and maintain your payroll ledger. The accounts manager will also, per your instruction, make payments and submit all necessary payroll taxes.

Our Payroll Service includes, but not limited, to the following accounting functions:

  • Salary Calculation on a weekly, bi- weekly or monthly basis.
  • Salary payment to employees by cheque issuance or through bank transfer such as GIRO.
  • Central Provident Funds (CPF) registration and timely monthly payment.
  • Issuing of IR8A for personal tax including statutory annual returns filing.
  • Preparation of payroll report and payslips

Pricing information

Estimated fees for reference: Payroll Services (per employee)

Calculation of salary, unpaid leave, bonus & issue of salary voucher & cheques

S$30

Leave record

S$25

IR8A

S$25

Maternity leave, Childcare leave & Reservist claims

S$30

Please do note that the above mentioned are estimated fees. Please contact us to speak with a representative on how we can help your business. We would love to hear from you!

FAQs

Payroll service FAQs

The answers below restate the payroll scope and estimated fee information on this page.

What payroll functions are listed?

The listed functions include salary calculation, salary payment, CPF registration and monthly payment, IR8A and statutory annual returns filing, plus payroll reports and payslips.

How can salaries be paid?

The page lists salary payment by cheque issuance or through bank transfer such as GIRO.

Are the payroll fees final?

The page describes the amounts as estimated fees and asks clients to contact BizCom to speak with a representative.

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