Payroll Outsourcing

As payroll is one of the most essential functions of every organisation, we can provide a cost-efficient and cost-effective alternative for your organisation to comply with the statutory requirement relating to part-time or full-time employees’ payroll, benefits, CPF, employee taxation and related issues.

Our payroll administration includes:

  • Maintain payroll file for each employee
  • Prepare payroll report, issue pay slips and administration of annual leave
  • Compute salary and statutory deductions including CPF, CDAC, MBMF, SINDA or ECF contributions
  • Process pay increment, bonuses, overtime, leave pay, expenses or any ad hoc claims
  • Salary disbursement to employees via Bank GIRO transfer
  • Provide detailed monthly or annual payroll report for management review
  • Prepare and submit ad hoc statutory returns, such as national servicemen claims, maternity and childcare claims, and other forms, such as Form IR21
  • Online Submission to CPF Board by stipulated deadline
  • Prepare and submit year-end return of remuneration (Form IR8A, IR8S) and relevant appendices