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>> 10 Tips for processing

SSSSSSS RN

'"°'°° Payroll in Malta

SH'%%%+m »
."1. 5‘. 
. .  .
ran-nI'§5.. l, a ' §_

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No matter how large or small your

business may be,  payroll is a priorit...
It can be daunting,  but here are 10 tips that should
help make running your payroll plain sailing! 

'—-  ' ' ‘ / /// In ...
1. Beware of complex calculations

 

Beware of complex payroll calculations including
different fringe benefit taxation a...
2. Automate calculations

 

Automate tax and NI calculation.  Find out if your
payroll software automatically takes care ...
3. Consider tax-free fringe benefits

 

When it’s time to give raises,  consider providing
them in the form of tax-free f...
4. Ensure all permits are in order

 

Before taking on new staff,  particularly non-EU
nationals,  ensure that all permit...
5. Classify your workers

 

Properly classify your workers.  It may not be
legal to for example classify a worker as an
i...
6. Identify your payroll schedules

Clearly identify your payroll schedules.  You
may choose to pay your employees monthly...
7. Select the best platform for your business

 

When investing in software,  select the best platform
for your business....
8. Automate leave and payroll

 

Always think about automating as many payroll and
leave processes as possible,  leaving ...
9. Get top software support

 

Get good support for your payroll software.  If a
technical glitch is preventing staff fro...
10. Integrate leave and payroll

 

Consider having an integrated leave management
system that pushes all leave data into ...
>>

SHIREBURN

INDIGO

For more on payroll visit
wvwv. shireburn. com/  indigo

SH'F: %.%. II5.. N. >>
Shireburn Indigo Payroll: Cloud Based Solution
Shireburn Indigo Payroll: Cloud Based Solution
Shireburn Indigo Payroll: Cloud Based Solution
Shireburn Indigo Payroll: Cloud Based Solution
Shireburn Indigo Payroll: Cloud Based Solution
Shireburn Indigo Payroll: Cloud Based Solution
Shireburn Indigo Payroll: Cloud Based Solution
Shireburn Indigo Payroll: Cloud Based Solution
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Shireburn Indigo Payroll: Cloud Based Solution

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Shireburn Indigo Payroll is a web-based payroll and leave management solution designed to automate and simplify the payroll process, allowing you to run your payroll with the greatest level of productivity, accuracy, security and convenience and giving you the flexibility to work from virtually anywhere.

Simple to use and practical but comprehensive in its capacity, Shireburn Indigo Payroll provides you with all the functionality you require to manage your payroll process, whether you have a small or large number of employees.

The system is in compliance with Malta Government and Inland Revenue regulations, so you’ll have everything you need to honour your legal obligations. But Shireburn Indigo Payroll delivers beyond that, giving you all the information and reporting you need to better manage and optimise the structure of your departments and employees while enabling any-time self-service by your employees.

Published in: Business
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Shireburn Indigo Payroll: Cloud Based Solution

  1. 1. >> 10 Tips for processing SSSSSSS RN '"°'°° Payroll in Malta SH'%%%+m »
  2. 2. ."1. 5‘. . . . ran-nI'§5.. l, a ' §_ "Hui/9' No matter how large or small your business may be, payroll is a priority. l x
  3. 3. It can be daunting, but here are 10 tips that should help make running your payroll plain sailing! '—- ' ' ‘ / /// In ll/ r/5
  4. 4. 1. Beware of complex calculations Beware of complex payroll calculations including different fringe benefit taxation and maternity leave trust fund contribution categories, end—of—year procedures and government budget updates. Failure to comply can have serious repercussions. » SHIREBURN SHIREBURN INDIGO SOFTWARE
  5. 5. 2. Automate calculations Automate tax and NI calculation. Find out if your payroll software automatically takes care of taxes for you. This can ensure the payroll process is completed in a timely and correct matter. » ISFIR§IUENo SHIREBU RN SOFTWARE
  6. 6. 3. Consider tax-free fringe benefits When it’s time to give raises, consider providing them in the form of tax-free fringe benefits such as health insurance, a mobile phone or a retirement plan. » iFiRE§’i5;”o s H'F%E? TVv§§E‘ »
  7. 7. 4. Ensure all permits are in order Before taking on new staff, particularly non-EU nationals, ensure that all permits are in order. It is the legal responsibility of every employer to ensure that all employees are legally allowed to work for the business. » INRl§IUENO SHIREBU RN SOFTWARE
  8. 8. 5. Classify your workers Properly classify your workers. It may not be legal to for example classify a worker as an independent contractor. Each classification may have a direct effect on your payroll process. » ISFIR§IUENo SHIREBU RN SOFTWARE
  9. 9. 6. Identify your payroll schedules Clearly identify your payroll schedules. You may choose to pay your employees monthly, 4—weekly, fortnightly or weekly. » iWI5BIU5:o SHIREBU RN SOFTWARE
  10. 10. 7. Select the best platform for your business When investing in software, select the best platform for your business. If you are always on the go, select an option that is hosted in the cloud. This will make it easier to access all of your payroll information whenever you need it. » ilfifigo SHIREBU RN SOFTWARE
  11. 11. 8. Automate leave and payroll Always think about automating as many payroll and leave processes as possible, leaving you to work on the more important matters of your job. » ilifiigo SHIREBU RN SOFTWARE
  12. 12. 9. Get top software support Get good support for your payroll software. If a technical glitch is preventing staff from being paid, you’ll want help at hand to save stress and liability. Always check that support is easily available. Research the provider’s reputation. » INRl§IUENO SHIREBU RN SOFTWARE
  13. 13. 10. Integrate leave and payroll Consider having an integrated leave management system that pushes all leave data into your payroll. This makes things so much easier especially with variables such as vacation leave, sick leave, bereavement leave, maternity leave and more! » WFEIIUENO SHIREBU RN SOFTWARE
  14. 14. >> SHIREBURN INDIGO For more on payroll visit wvwv. shireburn. com/ indigo SH'F: %.%. II5.. N. >>

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