Streamlined & Compliant Accounting & Payroll

Our payroll service handles all aspects of payroll processing, including salary calculations, tax deductions, direct deposits, and compliance with labour laws. We will ensure your employees are paid accurately and on time, allowing you to focus on running your business.

Yes, our expert team can assist with tax preparation and filing for individuals and businesses. We ensure accurate and timely submissions, maximising deductions and minimising liabilities for our clients.

We take data security seriously. Your sensitive financial information is stored and transmitted using advanced encryption methods. Our team follows strict confidentiality protocols to safeguard your data at all times.

The cost depends on the size of your business, the number of employees on your payroll, and the scope of services you need. At Baker Tilly Greenwoods, we structure our fees around your specific requirements, whether that’s bookkeeping only, full payroll management, or a comprehensive accounting package. We offer tailored proposals rather than one-size-fits-all pricing, so you only pay for what your business actually needs.

A bookkeeper handles the day-to-day recording of financial transactions, capturing income and expenses, reconciling bank statements, and keeping your records current. An accountant works at a higher level: interpreting that data, preparing financial statements, advising on tax strategy, and ensuring compliance with SARS requirements. Most businesses need both. At Baker Tilly Greenwoods, our team covers the full spectrum, so your books and your broader financial strategy are always aligned.

Yes, in many cases, small businesses benefit the most from outsourced payroll. Even with two or three employees, you’re still legally required to manage PAYE deductions, UIF contributions, and monthly EMP201 submissions to SARS. The administrative burden is the same regardless of headcount, and the penalties for errors or late submissions don’t scale down for small businesses either. Outsourcing removes that risk and frees you to focus on running your business.

As a South African employer, you are legally required to deduct Pay As You Earn (PAYE) tax from employee salaries and remit it to SARS monthly via an EMP201 submission. You must also contribute to the Unemployment Insurance Fund (UIF), both the employer and employee contribute 1% of remuneration each. If your annual payroll exceeds R500,000, you’re liable for the Skills Development Levy (SDL) at 1% of your total payroll. At year-end, IRP5 certificates must be issued to all employees and an EMP501 reconciliation submitted to SARS. Our payroll team manages all of this on your behalf, ensuring nothing is missed and every deadline is met.

SARS imposes penalties for late or incorrect EMP201 submissions, which can accumulate quickly and trigger audits. Missing deadlines can also result in interest charges on outstanding amounts and, in serious cases, enforcement action. The risk isn’t just financial, non-compliance can affect your business’s good standing with SARS, which matters when applying for tax clearance certificates. Our team monitors all submission deadlines and handles submissions proactively, so your business stays fully compliant without you having to track the calendar.

Yes, we’re a registered Xero partner, and Xero is one of our preferred cloud accounting platforms. If you’re already using Xero, we can connect directly to your existing data with no disruption to your current workflow. If you’re on a different platform or using spreadsheets, we can advise on whether a move to cloud accounting makes sense for your business, and manage that transition for you if needed. The goal is always to make things simpler, not to add complexity.