Payroll Service in Singapore

Why engage in payroll services in Singapore? Payroll service providers offer an attractive and cost-effective alternative to in-house payroll processing. Black Mountain provide a professional, simpler means of paying your employees on time, filing your CPF and other statutory deductions, and perform many other mandatory obligations.

Payroll Overview

Black Mountain offers a flexible outsourced payroll service in Singapore that is tailored to each client’s specific requirements. We will ensure that payments are made accurately and on time, while maintaining a very high level of compliance and security.

By outsourcing payroll, you can get on with running and growing their businesses, freeing up time and resources to focus on other important roles and responsibilities. Use the button below to find out how we could support you.

Payroll Service in Singapore

Companies in Singapore must ensure that the deductions made from the salaries of their employees are submitted to the Central Provident Fund (PF) on time. Computation of basic wages, overtime wages and bonuses are some of the basic elements of payroll processing. However, in Singapore, the computation of donations to funds such as the Singapore Indian Development Association (SINDA), Mosque Building and Mendaki Fund (MBMF) and Eurasian Community Fund (ECF), together with levies including the Skills Development Levy, as well as withholding taxes, make it a complex function. 

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.

1 +
Years Experience
1 %
Payroll Accuracy

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 service 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

Employee Spotlight

Susan Lim
General Manager, Singapore

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