
Payroll Service
The process of preparing payment of salary can be tedious and complicated, as it may involve components like benefits, allowances, reimbursements, deductions, commission, over-time, CPF contributions of employees, etc.
As an employer, you are responsible for filing employees’ earnings, paying levies for local/foreign employees and making CPF contributions. Your responsibilities include:- CPF Contributions – Employers are required to make CPF contributions for any employees who are Singapore Citizens or Permanent Residents who earn more than S$50 a month.
- Employee Tax Forms – All employers need to prepare tax forms for their employees by 1 March every year.
- Tax Issues for Foreign Employees – Tax clearance and tax deductions relating to foreign employees.
- Skills Development Levy (SDL) – All employers must pay SDL for employees who earn a monthly gross salary of S$4,500 or less.
- Foreign Worker Levy (FWL) – Employers of Work Permit holder(s) or S Pass holder(s) are required to pay FWL.
Our team is well versed with Employer’s Rules and Responsibilities/ Labour laws. To avoid making mistakes with payment on CPF contributions and tax filing requirements, you may want to consider outsourcing your Payroll function to us.
Our Payroll Service includes the following:- computation of monthly salary and commission
- maintenance of payroll file for each employee
- provision of pay advice
- processing of increment & bonuses
- provision of payroll reports for monthly & annual review
- preparation of annual IR8A
- credit salary to respect staff acct and E-submission of CPF Contribution
If you are unable to visit our office, or have further enquiries/ require a quotation, email us now!
- One directors/ manager to be present at our office: 10 Kallang Avenue, #05-17 Aperia Tower 2, Singapore 339510, personally.
- Advise us on the total number of staffs and detailed Payroll Schedule.
If you are unable to visit our office, or have further enquiries/ require a quotation, email us now!
- Book-Keeping/ Accounting Service: EVERY company registered in Singapore is required to keep proper accounts. If you want to focus on your core business, reduce your business cost and meet deadlines for statutory requirements, check out our Book-Keeping/ Accounting Service.
- Financial Statement Preparation: Directors are required to present accounts that comply with the Accounting Standards and which give a true and fair view of the state of affairs of the company to its shareholders. Our accountants would ensure that your Financial Statement is prepared according to the required Accounting Standards for filing to ACRA (Accounting and Corporate Regulatory Authority). We can also assist you with preparation of AUDITED financial accounts, if required. Check out our Financial Statement Preparation Service.
- GST Computation & Submission: If you are a GST-registered trader, you would need to submit quarterly GST returns to IRAS (Inland Revenue Authority of Singapore). If you need assistance with computations and to avoid missing filing deadlines, check out our GST Computation & Submission Service.
- Tax Computation/ Filing: All companies/ individuals are required to pay corporate tax or income tax to IRAS (Inland Revenue Authority of Singapore) for all income earned or received in Singapore. If you need to understand how to reduce your tax liabilities legally, to compute and file your tax returns on time to avoid penalties, check out our Tax Computation/ Filing Service.
- Hotline: 6829 9800
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DP SME Advisory gives very accurate and reliable information regarding business setups and corporate secretarial services. The staff are professional and warm. We have been with DP SME Advisory for several years now and the quality and reliability of the service is the reason why we chose DP SME Advisory.
DP SME Advisory is a one stop center for our business needs.
- Mr. Lim, Director -
Professionalism and responsiveness is of Top Quality. At times going beyond the call of duty. Would strongly recommend DP SME Advisory for corporate secretarial services.
- Jimmy, Director -
Had seen DP SME Advisory employees shown a high level of professionalism and patience in attending all my enquiries with immediate attention and given explanation on how to handle it. Would definitely recommend my local or overseas business associates to use this company service without hassles or doubts faced.
- Winston Kong, Director