Payroll is the process of calculating salaries, making deductions, issuing payslips, and ensuring that payments are submitted to SARS and other institutions. It is important because it keeps employees satisfied, ensures compliance, and prevents costly penalties.
Employers must deduct PAYE (Pay-As-You-Earn), UIF (Unemployment Insurance Fund), and sometimes SDL (Skills Development Levy). Additional deductions like pensions, medical aid, or garnishee orders may also apply.
Most South African businesses process payroll monthly, but some industries pay weekly or fortnightly. The frequency depends on contracts and business needs.
According to the Basic Conditions of Employment Act, payslips must show gross salary, deductions, contributions, and net pay. Employers are legally required to issue payslips to employees.
Any employer must register with SARS within 14 days of employing staff. TechAcc assists businesses with registrations to ensure they are compliant from day one.
Overtime, annual leave payouts, and bonuses are governed by labour laws. Many employers find this confusing, but TechAcc ensures calculations are correct and legally compliant.
Smaller companies may handle payroll internally, but as the business grows, outsourcing to TechAcc saves time, improves accuracy, and reduces compliance risks.
Payroll errors can cause financial loss, penalties, or unhappy employees. At TechAcc, we help correct mistakes quickly and set up systems to prevent them in the future.
Final pay must include outstanding leave, severance (if applicable), and be reflected on the employee’s IRP5. TechAcc helps employers handle retrenchments, resignations, and dismissals correctly.
Employers in South Africa must keep payroll and employment records for at least three years. TechAcc offers secure digital solutions to make record-keeping simple.
Tax directives are special instructions from SARS for cases like lump sums, commissions, or retrenchments. TechAcc applies these directives correctly to avoid tax errors.
Employers must submit EMP201 (monthly declarations), EMP501 (biannual reconciliations), and issue IRP5/IT3a certificates annually. TechAcc handles these submissions on behalf of clients.
Yes, payroll software can integrate with accounting and HR systems. TechAcc sets up these integrations for streamlined reporting and efficiency.
Payroll is often a business’s biggest expense. TechAcc helps companies budget for salaries, taxes, and benefits to avoid cash flow issues.
With TechAcc, you gain:
TechAcc offers full payroll services including:
We ensure your payroll is accurate, efficient, and stress-free, so you can focus on growing your business.