As a business grows, it can also expect the complexity of its payroll to grow. Here are some tips to getting international payroll right.
Getting it right from day one
Finding trusted local payroll experts who give you a compliant service and can deal with your evolving needs is...
Abi Fasosin considers how Nigeria is tackling the need to create a “good tax culture”.
There is a push by the Nigerian Government to sensitise its citizens and business investors on the importance of tax payment and compliance. It is seeking to make the personal Income Tax more responsive to its policies and is exploring ways to automate the administration of tax collection. The...
Brett Hopkins examines the increasing vigilance and enforcement by various African revenue authorities which highlight the need for multinational companies to manage and mitigate any threat to their reputational risk on the continent.
There can be little doubt that African tax rules are often opaque, difficult to understand and that the lack of tax case law sometimes renders interpretation impossible – and this is reserved for those countries where some information can be obtained from the revenue authorities....
Taking on responsibility for international payroll can be a challenging move and is not always the best option, says Piers Lambert.
Although taking control of payroll internationally is fun and exciting, there is normally a better reason for embarking on such a project. It is imperative to understand the status quo and to identify the real issues before seeking a solution. While an open-minded approach to this assessment is...
Piers Lambert looks at the emergence of multi-country payroll management.
While there are many companies and payroll service providers who have been operating internationally for a long time, it is only in the past 10 years that serious attempts have been made to weld these disparate payrolls together. By comparison, the development of shared service centres (SSCs) and...
Just how global is your global software solution, ask Ryan Tweedie and David Hain.
Historically, the word “global” was synonymous with big, and global companies were among the largest and best-known in the world. Nowadays, however, it has a different meaning.
Today’s global player is often a mid-size company that became global through a merger, by...
The tax treatment for non-domiciles and the statutory definition of tax residence is being reviewed as part of a Government consultation.
The package of reforms has been announced in order to ensure that a fair tax contribution is made by non-domiciles, and that they are encouraged to invest...
As companies expand globally, they are faced with increasingly complicated payroll issues.
Andrew Pearson suggests best practices for implementing a strategy.
Any number of factors can lead a business to expand internationally. As an organisation grows, it can also expect the complexity of standard operational processes to grow. Payroll is no exception. When processing multiple payrolls, paying employees on time, adhering to the required local...
With myriad legislation, penalties and pitfalls surrounding payroll compliance, it is not surprising that many businesses feel trepidation when approaching the subject. Payroll compliance helps organisations demonstrate transparent behaviour.
Transparent audit trails
Establish...
Michael Stewart looks at the problems of global payroll operations and how technology can reduce errors and save money.
An increasingly international business perspective and focus on best practice and governance is forcing a rethink of payroll operations. Across these companies there is growing recognition that payroll is more than a mundane administrative function.
The motives of these organisations...
