Payroll Services
Payroll processing can be a complex and time-consuming endeavor for any organization. This need not be the case for any organization. When you engage with our experienced team of accountants, you will not only save money and time but shall guarantee you smooth and timely payroll processing. We will work with you on a regular basis to ensure that your business activities, records, and processes are in full compliance with all applicable regulations. At Geoffrey Gitau & Co., we’ll ensure that;
- Monthly payroll reconciliations are done.
- Monthly payroll is in compliance with the income tax legislation.
- Processing of P9A certificates are done in time and issued to staff.
One of your statutory obligations as an employer is to deduct PAYE from your employees’ salaries and wages. PAYE is computed at the prevailing graduated scale rates as prescribed by the National Treasury. The resulting funds must be remitted to the Kenya Revenue Authority on or before the 9th of the following month.
Our professional services entail:
- Computation of PAYE for each employee
- Payroll Preparation
- Submission/filing of PAYE returns on iTAX (online)
- Generation of payment slips
- Payment of the tax due to the KRA appointed banks on behalf of clients
- Processing of the P9A forms