Payroll Outsourcing
Our payroll outsourcing services will lead you to manage your company’s payroll process according to your inner requirements and Turkish tax and labor law. Employees’ taxes are withheld from their salaries according to rates specified by local regulations and reverse charge mechanism applies in employer side. In other words, employers are responsible to pay their employers’ income taxes and social security premiums to relevant government offices on behalf of their employees.
- Preparing and managing payrolls,
- Making required payroll accounting entries,
- Sending pay slips electronically to employees’ emails,
- Calculating severance and notice payments in case of resignation or dismission,
- Preparing required documents to be signed by employees in terms of resignation or dismission,
- Preparing monthly social security declarations and accruals according to payrolls,
- Making electronic submission to the social security institution’s information system in case of any terminations or new hires,
- Preparing detailed employee cost analysis reports according to your company’s needs.
