Remuneration
Our Remuneration Division has been providing remuneration services since 2000 and currently provides 3 core services: African Payroll, Ad-hoc payments, and Expense Management. These have organically grown from client needs, and we have combined with internationally recognised software and international best practices to provide our clients with a standard remuneration solution, whatever their African Remuneration needs are.
African Payroll
Since 2000, we have been running payroll solutions across Africa. Our comprehensive, integrated payroll administration system generates a funds request in single company currency, irrespective of the currencies the individual payrolls may be in, allowing our client to do a single transfer into their trust account and their entire African payroll is sorted.
- Our administration system provides all payslips, payment schedules and reports, to ensure that the payroll is administered and transacted on correctly, with full audit and compliance fulfilled.
Our Remuneration division works with Tax Specialists, whether they are your in-house tax advisors or one of our outsourced firms, to ensure all tax calculations are compliant and applied to the payroll.
With over 18 years’ experience dealing with payments into Africa, we are able to ensure salary payments are made efficiently and to your required timelines. We use a payroll system that utilises leading Online Cloud-Based Payroll & HR Software that services 40 African countries.
Payroll Process
- Integrated payment process
- Legislative compliance
- Master data take-on process (Mass Upload Facility)
- Optimal configuration to ensure end process compliance
- Automation of the input data process
- Payslip in multiple currencies
- Statutory reporting and compliance
Payroll Advisory
- How to effectively deliver compensation?
- Policy draft and reviews
- Contract draft and reviews – labour law compliance
- Tax optimisation
- Cross-border tax analysis
- Nature of assignment (review)
- Implementation workshop – understand the ins and outs of the payroll process
African Payments
When transferring relocation expenses or benefits to assignees, it can become an administrative burden, with our team we are able to effectively administer and make payments swiftly to suppliers as required. These relocation expenses may include property tax, housing rentals, utilities, security deposits or any vendors requiring payments for expenses relating to the companies policy for their assignees.
As we have experience in dealing with banking institutions in Africa, we are best positioned to recommend the most efficient banks within Africa to fulfil these services and to follow up and ensure funds are received timeously. We have a payment tool to administer these payments and provide transparent reporting and reconciliation on all payments made. Full audits and reconciliations are provided.
Expense Management
Assignee expense management is very complex. Facilitating, tracking and reporting for the HR department can be a very time consuming and intricate task and with our solution, we provide a management tool to enable cloud-based management of all assignees expenses. The solution comes with a web-based administration tool, a mobile app as well as a dedicated Credit Card which integrates with the system.
- Facilitation of in-country payments to third parties (Revenue Authorities, Landlords, Medical Aid Schemes, Pension Funds etc)
- Statutory file handling in-country
- Reconciliation of assignment costs per cost centre/per expatriate
- Salary payments and tracking once verified by our advisory team
Relocation Africa’s Remuneration division offers you the first fully-integrated, online, relocation expense management system.
Unlike most relocation systems, we don’t see arrival and departure as two separate events. Our technology encompasses everything that lies between the two.
And it’s simpler for all concerned. Three portals cover all you need. You’re getting the money right, and it feels good.
Expatriate Tax
Relocation Africa Group has added expatriate tax solution to their suite of services in the Remuneration Division. We believe this is a key service for multinational companies who are relocating expatriates to Africa. We are now able to offer advisory services in the expatriate tax and payroll compliance space. We have also added Payroll Advisory services to support multinationals in ensuring compliance throughout their business ventures into Africa.
EXPATRIATE TAX ADVISORY
- Residence analysis and interpretation
- Cross border advisory: interpretation of Double Taxation Agreements
- Non-resident employer obligations
- Assignment structuring – optimisation of elements of pay
- International Assignment Policy drafting and implementation
- Financial Advisory
HYPOTHETICAL TAX CALCULATIONS
- Tax gross-up calculations
- Monthly PAYE, SDL, UIF calculations
- Tax equalisation settlement calculations
- Assignment cost projection calculations
EXPATRIATE TAX COMPLIANCE
REGISTRATION:
- Non-resident employer – branch registration for PAYE, SDL, UIF
- Registration as an individual taxpayer with SARS
- Provisional tax registration – advice and recommendations
TAX RETURN COMPLIANCE
- Collation of information to prepare a tax return
- Review IRP5 certificate
- Resident/non-resident basis of filing
- Preparation and submission of return
- Review of tax assessment
- Incorrect assessment: objection and appeal process