Rates

Payroll Administration

Setup costs

Entity take-on – R720.00 per entity (once-off) – covers data take-on and validation (SARS / UIF / SDL), etc

Employee take-on – R94.00 per employee (on employment) – covers data take-on and validation (bank and SARS), etc

Processing fees

Monthly fixed fee – R720.00 per entity – covers software licensing, data management, monthly SARS submissions and payments, etc

Weekly payslip fee – R29.00 per employee – covers weekly payroll processing, leave data, deductions, etc (incl EFT payment)

Fortnightly payslip fee – R65.00 per employee – covers fortnightly payroll processing, leave data, deductions, etc (incl EFT payment)

Monthly payslip fee – R94.00 per employee – covers monthly payroll processing, leave data, deductions, etc (incl EFT payment)

Annual costs

Mid-year EMP501 fees – R500.00 per entity – covers mid-year reconciliation and submission of EMP501 to SARS

Year-end EMP501 fees – R500.00 per entity – covers year-end reconciliation and submission of EMP501 to SARS

IRP5 / IT3(a) fees – R94.00 per employee – covers year-end reconciliation and preparation of IRP5 / IT3(a) certificates

Outsourced Accounting

Setup costs

Entity setup – R4,500.00 per entity (once-off) – covers complete setup of general ledger system

Processing fees

R400.00 per hour

Annual costs

Financial Statements – R2,500.00 per entity – covers preparation of IFRS compliant financial statements (unaudited)

Statutory Compliance

As per regulated tariffs (CIPC fees, etc) plus R400.00 per hour

Note – all costs are exclusive of VAT