HR Payroll Services
Manage your payroll
We believe that people are the core of a business and so ensuring that they are paid on a timely basis is essential! After all, everyone needs their bread and butter.
Staff payroll | Payslips | CPF submission | Leave management | Disbursement claims
All of these can be done simply, and in one place. Get started with us.
Payroll Regulations to note
ITEMISED PAYSLIP IS REQUIRED +
From 1 April 2016, all employers must issue itemised pay slips to employees covered by the Employment Act, which must include the following:- Full name of employer
- Full name of employee
- Date of payment
- Basic salary (detailed for rated workers)
- Start and end date of salary period
- Allowances paid & additional payment for salary period
- Deductions made for each salary period, such as:
- All fixed deductions (e.g. employee’s CPF contribution, social contribution)
- All ad-hoc deductions (e.g. deductions for no-pay leave, absence from work)
- Net salary paid in total
FORM IR8A +
All employers are required by law [S68(2) of the Income Tax Act] to prepare Form IR8A and Appendix 8A, Appendix 8B or Form IR8S (where applicable) for all your employees who are employed in Singapore by 1 Mar each year.AUTO INCLUSION SCHEME (AIS) +
Under this scheme, employers submit the employment income information of their employees to IRAS electronically. The submitted information will then be automatically included in the employees' income tax assessment.From Year of Assessment (YA) 2018, participation in AIS is compulsory for employers with 9 or more employees or who have received the "Notice to File Employment Income Of Employees Electronically under the Auto-Inclusion Scheme (AIS)" gazetted under S68(2) of the Income Tax Act.
Meet your deadlines
We remind you of your deadlines so you don’t have to think about them.
Payroll systems you can rely on
Staff payroll | Payslips | CPF submission | Leave management | Disbursement claims
Speak with us on which Payroll software would suit you most, integrate it with your accounting system and sign up through us to get preferential rates!
We work with the above payroll providers, but if you have other software providers you would like us to work with while processing your payroll, feel free to let us know. We’re expert in HR related matters, and you can trust us to give you the best solution suited to your business and budget.
Solution Packages
Outsource Package
$25/pax/m
Perfect for outsourcing the HR Function
Computation of monthly payroll
Preparation of monthly payroll summary
Preparation of itemised payslips per requirements
Preparation of monthly CPF submission
Excludes: Obtaining of signatories or payment approval; Corporate governance; Leave tracking and Employee claims
Additional fees not included:
Preparation of IR8A: Approx $100 annual
Variable remuneration employees: subject to complexity
HR leave and claims modules
Automation & Implementation
$400
Adopting a new system
Implementation of new system
Transfer of year-to-date information of employee income and contributions to HR platform
Training on HR claims & leave management
Basic advice on HR matters
Additional fees not included:
HR system fees
Preparation of monthly payroll
Need More?
Financial Reporting $100/m
Bookkeeping $150/m
Vendor Payment $100/m
Corporate Income Tax $600/y
Corporate Secretarial $650/y
Unaudited Financial Statements $600/y
Financial Due Diligence $3,000
GST Preparation $100/m
FAQS
Why do I need to engage someone to do payroll? +
While it is not a requirement for you to engage someone to do payroll for the company, it is useful to outsource this function if the company is small and there are no expertise in the legal requirements in the performance of payroll processing. For a small monthly fee, this frees up your time to focus on the business.Below are a few things you may want to take note of on top of ensuring everyone is paid:
- Itemised payslip for all employees is a requirement
- CPF contribution rates differ from person to person, depending on citizenship and age and are contributed by both employee and employers
- Contribution to Self-Help Groups (SHGs) is a requirement but employees may choose to opt-out
- Skills Development Levy (SDL) is a compulsory levy that you have to pay for all your employees working in Singapore, at 0.25%, between $2 to $11.25
What are the current CPF contribution rates? +
Generally, for a Singapore Citizen or Singapore Permanent Resident (SPR) from the third year of SPR status below 55 years old, Employees' contribution rates are 20% and Employers' contribution rates are at 17%. Otherwise, there is a table for the exact computation for each category of employees.For more, please visit CPF Board - How much CPF contributions to pay
I am paying my employee $400 a month. Do I still need to do CPF contribution? +
If your employee earns above $50 but not more than $500 per month, there is no employee’s share of CPF contributions. You will still need to pay the employer's share of CPF contributions. #### What are Self-Help Groups (SHGs)? + In Singapore, there are four Self-Help Groups: the Chinese Development Assistance Council (CDAC), Eurasian Association (EA), Singapore Indian Development Association (SINDA) and Mosque Building and Mendaki Fund (MBMF).SHGs were set up to uplift low-income households and the less privileged, in the Chinese, Eurasian, Muslim, and Indian communities in Singapore. The CPF Board collects SHG contributions on behalf of the SHGs. You’re expected to deduct SHG contributions from your employees’ wages.