Outsourcing Payroll Helps SME Owners Lower Business Cost

Entrepreneurs have to work faster and smarter than before. Payroll outsourcing frees up time, reduces cost and headaches for business owners.

Online PR News – 15-September-2016 – For small business owners making their way in the information age of the 21st century, time has never been more valuable. Entrepreneurs have to work faster, smarter, and harder than ever before, and their resources have to go farther than ever. This is why outsourcing certain tasks within small business management are critical for maximizing operational efficiency and this is exactly where SingaporeAccounting.com Pte. Ltd. comes in.

Staffed by experts and veterans of the payroll and accounting industries from around Singapore, SingaporeAccounting.com Pte. Ltd. has established itself as a trusted partner among firms who are serious about streamlining payroll, and maximizing their bottom line.

Outsourcing payroll operations is important for a few reasons. Of course, it frees up so much time for business owners and internal staff, which dramatically reduces costs by thousands. It also is a great way to avoid tax penalties because the function is being handled by experts who have intimate knowledge of tax laws, regulations, and credits to take advantage of. Perhaps just as importantly, it also gives business owners the opportunity to avoid needless stress and headaches and gives them the freedom to get back to what they are passionate about.

Payroll outsourcing package entails services like:
Maintaining payroll file for your employees (basic salary, overtime, bonus etc),
Administering leaves,
Calculating and filing monthly statutory contributions such as CPF, SDL, FWL etc,
Disbursing salary and publishing itemized payslips to employee,
Providing monthly payroll reporting,
Providing IR8A for personal tax filing,
Submitting ad hoc statutory claims

Those interested in learning more about how SingaporeAccounting.com Pte. Ltd. can help with payroll services can visit the official company website.

About SingaporeAccounting.com Pte. Ltd.:
SingaporeAccounting.com Pte. Ltd. is one of the best corporate service providers providing value added services to SME owners in Singapore. One of SME solution in lowering business cost for outsourcing accounting and bookkeeping services, company incorporation or payroll services.