Most of the companies in Australia are day by day outsourcing their operation work to lessen their burden as payroll is a time-consuming activity. NNRoad offers a compliant solution for payroll outsourcing by understanding your payroll need and providing cost-effective payroll solutions.
- Registering the necessary company and personnel information for payroll calculation in the payroll software and system.
- Calculation of gross salary, salary deductions (e.g. PAYG tax deduction, superannuation contribution, retirement saving, etc.), and net salary based on information provided by the Company including irregular payments such as incentive/bonus, commission, allowance, severance, retirement payment etc.
- Pro-rata calculation for people who join and final payment calculation for leavers.
- Providing a monthly payroll summary to the Company.
- Payroll Disbursement – Issuing payment invoice to the Company for payroll distribution to employees.
- The calculation, monthly reporting, remittance of taxes to local authorities.
- Year-End Adjustment and Annual Declaration.