The Process

InnoVanceC take care of all your payroll requirements, from owner to manager to employee. Payroll is often excruciatingly time consuming and the entire process can be confusing. Not to mention the risk involved if not managed correctly, specifically costly through penalties from the Department of  Labour and the South African Revenue Services. InnoVance lay your mind to rest that your payroll is run within the legal compliance guidelines and that it is done on time, ensuring we keep your employees happy, and in turn we keep you happy too.

WHAT DO WE DO FOR YOU MONTHLY?

  • We capture all changes to your payroll on a monthly basis, including new employees, terminated employees, and any deductions that may berequired.
  • We ensure that the Pay As You Earn tax and other statutory deductions are being calculated correctly in terms of the legal requirements
  • We print payslips and deliver them to one or numerous branches, or we send the payslips to you electronically via e-mail.
  • We send you monthly management reporting.
  • We submit a declaration to the Unemployment Insurance Fund (UIF) monthly.
  • We submit your return to the South African Revenue Services (SARS) monthly.
  • We facilitate the payment to SARS for your PAYE, UIF and SDL.
  • We facilitate the payment of your employees through an Electronic Funds Transfer (EFT) facility. It is cheaper and quicker than doing it yourself, while being very secure.
  • We facilitate your Provident Fund, Medical Fund and Garnishee order payments through the same EFT facility.
  • We do any declarations required to Unions and Bargaining Councils, and facilitate any related payments.

WHAT DO WE DO FOR YOU BI-ANNUALLY?

  • We do bi-annual reconciliations to SARS for your PAYE, UIF and SDL.

WHAT DO WE DO FOR YOU ANNUALLY?

  • We provide your employees with IRP5’s.
  • We do your annual reports to the Department of Labour for Occupational Injuries and Diseases, and facilitate the payment thereof.

HERE ARE SOME OTHER SERVICES WE CAN ASSIST YOU WITH:

  • CIPRO Registrations, applications and amendments
  • SARS Registrations
  • SARS Tax Clearance Certificates
  • SARS Tax Directives
  • Department of Labour registrations

HOW DO YOU SIGN UP?

  • Give us a call on 0861 PAY RSA (729 772) or e-mail us on our Contact Us page.
  • We will discuss your requirements with you and send you a final quote and contract, which we need you to sign.
  • You provide us with your current employee data and year to date (that is from 01 March to present) information.
  • We are then ready to start your payroll.