Payroll Solutions in Singapore
Black Mountain’s outsourced payroll services in Singapore offers a professional and streamlined approach to ensuring timely employee payments, handling CPF and other statutory deductions, fulfilling various mandatory obligations.
Payroll Overview
Black Mountain provides customisable outsourced payroll services in Singapore, meticulously tailored to each client’s unique needs. Our commitment is to guarantee accurate and on-time payments, coupled with a gold standard level of compliance and security. Outsourcing payroll allows you to concentrate on the core aspects of running and expanding your business, giving you valuable time and resources for more strategic responsibilities.
Click on the button below to discover how we can support and enhance your operations.
Payroll Services in Singapore
In Singapore, it is crucial for companies to diligently submit employee salary deductions to the Central Provident Fund (CPF) in a timely manner. Payroll processing encompasses fundamental elements like basic wages, overtime pay, and bonuses. However, the intricacies of Singaporean payroll extends to calculating contributions to entities like the Singapore Indian Development Association (SINDA), Mosque Building and Mendaki Fund (MBMF), and Eurasian Community Fund (ECF). Additionally, managing levels such as the Skills Development Levy and navigating withholding taxes further adds complexity to this essential function. That is where Black Mountain can help!
CPF
Central Provident Fund (CPF) registration and monthly payment that is always timely. Computing gross to net salary and CPF
Statutory Filings
Issuing of IR8A Form for personal tax and preparation and submission of IR21, GML, NS MUP, CPF refund, government statistical forms etc.
Processing
Providing payroll reports and payroll journals for Management and Accounting purposes and access to an online payslip portal
One of the specific requirements of the Employment Act is that companies must pay their employees their salaries within 7 days after the end of the salary period. However they have 14 days to make overtime payments.
Why Outsource your Payroll?
In today’s fast-paced business environment where organisations are striving towards productivity and cost-efficiency, organisations are becoming increasingly reliant on a payroll company to enhance their HR & Payroll processes. This is one of the reasons why businesses going for payroll outsourcing services in Singapore.
Outsourcing your payroll services in Singapore to Black Mountain means you can access Black Mountain’s expertise in Singapore payroll and save money as you don’t need to recruit your own employee / department. Not only can you save money but you will save time and stress as you won’t have to worry about keeping up-to-date with local legislation changes.
Save Money
Tap in to Black Mountain’s expertise and save money in recruitment. Our payroll experts will act as your in-house payroll team
Save Time
Forget about the hassle of keeping up-to-date with the local legislation changes and focus on strategic business funtions
Stay Compliant
Our payroll experts are always aware of new changes to legislation and will always ensure your organisation remains compliant
"I have complete confidence in the knowledge that Black Mountain has in the local area."
Imogen Lush, Intermediate Capital Group (Singapore) Pte Ltd
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