Payroll
FULL SERVICE, PAYROLL TAX REPORTING, LOW COST PAYROLL PRESENTATION AND TIME EFFICIENT FILING OF LOCAL PAYROLL TAXES
Oxford provides full service, payroll tax reporting, low cost payroll presentation and time efficient filing of local payroll taxes. With Oxford undertaking electronic handling of your tax deposits and paperwork, you can be sure that no penalties or late fees will be incurred.
Our Payroll Services
Assistance in the registration and de-registration of employers & employees with the Labor Office: We at times provide professional assistance in the completion of application forms and other related documents required for purposes mentioned above (registration and de-registration) and Labor Office liaison in respect to this field.
Keeping of accurate payroll records: This is inclusive of keeping the required payroll records for purposes of legislation requirements applicable, periodic running of the payroll, net salaries calculation, taxes and social costs.
Monthly and yearly payslip reports issuance: This is inclusive of the issuance of monthly pay slips depending on instructions provided for in salary contracts and yearly issuance of certificates of emoluments.
Assistance in submitting monthly and yearly payroll related returns with the relevant authorities: We assist you with completing and submitting different payroll returns that should be filed with the relevant authorities on either monthly or yearly basis. This includes returns for paying taxes, annual employer’s returns and social insurance returns.
Assistance in making payments for social insurance & related costs to the relevant local authorities: We assist in arranging payment for social insurance services and related payroll costs.
BENEFITS OF OUTSOURCING PAYROLL SERVICES TO OXFORD
- Cost effective to the company of up to 50%;
- Improvement in the company’s productivity as services provided is of very high quality;
- Easy to achieve cost reduction strategies;
- Latest technology and software applications used for payroll processing;
- Oxford prides itself in expansive and highly specialized knowledge base in accounting and finance and other related fields.
