Announcements


New Tax Calculator - Thursday, February 26, 2015
We have updated out Tax Calculator with the new tax rates as presented by Finance Minister Nhlanhla Nene on 25 February 2015, at 2pm.

Try the Free Online Tax Calculator today to see how the new budget affects your pocket! 
You are here > Services > Confidential Payroll

Confidential payroll services

Accumulo Consulting provides a wide range of confidential payroll services. The legal requirements and confidential nature of your payroll create the ideal opportunity for you to outsource this function.

A team of highly specialised payroll administrators, using a popular software package, is able to provide the following services:

Registrations

We offer the following registration services:


  • Registration for Pay As You Earn (PAYE)
    For more information, please visit our PAYE Registration page.


  • Registration for Skills Development Levy (SDL)
    For more information, please visit our SDL Registration page.


  • Registration for Unemployment Insurance Fund (UIF)
    For more information, please visit our UIF Registration page.


  • Registration for Workman's Compensation Assurance
    All businesses are required to register. The premium payable per year is calculated on the qualifying salaries and the nature of the business activities. Higher injury risk business (e.g. construction or mining) will pay higher premiums.


  • Registration of employees as taxpayers
    If an employee earns less than R120 000 per annum, the employee does not need to submit an individual tax return to SARS. However, if the employee is below the threshold, SARS requires the employer to register the employee for income tax, in order to populate the EMP501 reconciliation with the information SARS requires in its new reporting program.
    For more information, please visit our Income Tax Registration page.

For more information regarding registrations please visit our Payroll Registration page.

Confidential payroll service

Accumulo Consulting offers the following as part of its confidential payroll service:


  • Monthly payroll


  • Weekly payroll


  • Fortnightly payroll


  • Payments to employees of salaries, bonuses, commissions and monthly adjustments


  • Payments to third parties for garnishee orders, medical aid and retirement pension funds


  • Statutory payments (PAYE/SDFL/UIF)


  • Delivery of electronic payslips via email (optional printed payslip service is available on request)


  • Management of annual, sick and compassionate leave


  • Payroll reporting to management


  • Optional integration into accounting records

Statutory returns and payments to SARS


  • Submission of monthly PAYE Return (EMP201)
    The monthly EMP201 return and payment is prepared and generated via SARS e-filing to ease the burden of control over the payments and recordkeeping.
    For more information on EMP201 please visit our EMP501 Reconciliation page.


  • Submission of the bi-annual PAYE Reconciliation (EMP501) and necessary individual income tax certificate (IRP5)
    SARS has changed the reconciliation system from an annual to a bi-annual submission (EMP501) for the 2011 tax year. However this will probably change in the future to a more frequent reporting system. The EMP501 reconciliation has to be submitted before the IRP5 certificates can be issued by the business to its staff.
    For more information please visit our EMP501 Reconciliation page.

Other services


  • Submission of annual Workman's Compensation Assurance Return of earnings (WaS 8)
    The Return of Earnings (declared on a WaS 8 document) needs to be rendered by 31 March each year and is payable on assessment. The form distinguishes between earnings of normal employees and those of the business owners. For more information please visit our FAQs page.


  • Issuing of a certificate of earnings for an employee
    The certificate can be used by an employee for applications for finance.

Employment equity


  • Submission of Annual Employment Equity Returns
    For more information please visit our FAQs page.