No Payroll Downtime
PaySpace has a unique real-time calculation engine so as input is added to the system, the relevant employee figures are automatically calculated. There is therefore, no need to run a formal pay-run to close off or finalise a period at month end.
International Tax Compliance for African Countries
We have embedded core localisation processing rules and reporting within the applications which meet local country compliance requirements. We do not ‘hand off’ data to third parties or any intermediary so a client’s data is always secure and can be assured that all processing meets local compliance regulations.
Tax Year End Process
SARS has released a software package called e@syFile to assist taxpayers manage their interactions with SARS quickly, easily and conveniently from their desktop. PaySpace provide an electronic file that can be imported directly into e@syFile, saving an employer all the effort of having to manually reconcile and submit their employee’s earnings to SARS. Download e@syFile