Payroll
Payroll in-house can be complicated and time consuming. There can be a lot of worry and uncertainty regarding security, confidentiality and compliance issues. Wouldn’t you love to free up resources from having to keep up with the constant changes in the taxation system to focus on running your business instead.
WHY RDA ACCOUNTANTS?
Our outsourced payroll team becomes your dedicated payroll department whose objective is to process your payroll in the most cost effective compliant manner.
Our payroll team comprises of:
How can RDA help you?
RDA Accountants offer a full suite of payroll services designed to adapt to your unique business needs. From setup to reporting, we've got you covered.
As the financial landscape evolves with Enhanced Reporting Requirements (ERR), RDA Accountants is here to ensure that your payroll remains a smooth and compliant process. Discover the multitude of benefits when you choose to outsource your payroll to our experts.
- Compliance Guaranteed: Stay compliant with the latest payroll regulations and ERR mandates.
- Save Time and Money: Redirect valuable resources back to growing your business, while we handle the intricacies of payroll.
- Accuracy Assured: Benefit from our precision-driven approach that minimizes errors and mitigates risk.
- Tech-Savvy Solutions: Leverage advanced payroll systems that integrate seamlessly with your business operations.
Take our Payroll Smart quiz now, to find out if you are Payroll ready for the 2024 year.
Don’t just take our word for it,
see what some of our clients have to say.
"I have dealt with RDA for many years now, and they have always delivered a great service for my business. The staff are so helpful and efficient. They look after my books and payroll and I cannot say a single negative thing about them. They are very professional and I would recommend RDA Accountants to any business."
"After a short period of time and little fuss, I was convinced that using RDA Accountants was the right decision.
Working closely with them I have found their sound advice, financial scrutiny and, customer service to be second to none. They are very approachable at any time of the day whether to obtain advice or just to clarify taxation queries and I have found them to be very knowledgeable within their field and always up to date."
FAQ's for the upcoming Enhanced Reporting Requirements (ERR)
What are the Enhanced Reporting Requirements (ERR)?
ERR refers to new regulations requiring employers to report certain payroll information to tax authorities in a more detailed and timely manner than was previously required.
When will the Enhanced Reporting Requirements come into effect?
The ERR are scheduled to come into effect on January 1, 2024.
What types of benefits and allowances are affected by ERR?
ERR will impact the reporting of various benefits, including but not limited to remote working daily allowances, travel and subsistence expenses, and the small benefit exemption.
How frequently must the reportable benefits be reported?
The specifics of the reporting frequency will be dictated by the tax authorities, but typically it will align with the payroll cycle or when the benefit is provided.
What information needs to be reported under the ERR?
Employers must report details such as the type of benefit, the value, the date it was granted, and the employee receiving the benefit.
How do the ERR affect the reporting of remote working allowances?
Employers will need to report the amount of any remote working allowances, the number of days it covers, and the dates paid.