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Our Payroll service

Our payroll team provides payroll services for employees using a bespoke payroll software.  We stand ready to assist with employee and employer registrations, payroll calculations, issuance of pay slips, preparation IR59 and IR63 forms.

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We maintain constant communication with employers advising on payroll matters. Foreign employees often have special modes of taxation and we provide guidance in conjunction with tax status of each employee.

Payroll services

  • Preparation of monthly payroll file which includes computation of the income tax liability and the liability for social insurance contributions for all employees (based on their IR59);

 

  • Preparation of the tax forms relating to payments made to the Inland Revenue (both for income tax and social insurance contributions) for each employee, on a monthly basis;

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  • Preparation of journals file to be imported on the accounting system of the Company;

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  • Preparation of Monthly Payslips for each employee;

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  • Preparation of the IR63- Statement of Remuneration issued by the employer to each employee;

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  • Ongoing liaison with local tax authorities;

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  • Administration of the payments of the monthly social security contributions and PAYE.

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CONTACT
LOCATION
OPENING HOURS

48 Themistokli Dervi

1066, Office 306

Nicosia, Cyprus

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Mon - Fri: 8am - 6pm

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Tel: +357 22102292

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