Payroll Services

Payroll Services

T. Christou Services Ltd can be appointed as a reliable payroll service provider offering dedicated payroll services in line with the current Social Insurance legislation.

T. Christou Services Ltd has extensive experience in the operation of the payroll function and a track record of delivering accurate cost effective payroll services.

All our services are strictly confidential and reliable.

Payroll services include:

• Preparation of weekly or monthly payroll
• Preparation of monthly pay slips
• Preparation of payroll reports
• Employment contracts
• Collection, processing and maintenance of employee details/card:
  • Completion of employee data sheet
  • Completion of IR59 form
  • Hiring and termination details
  • Holiday and sick leave balance
  • Provision for 13^th salary
  • Maternity leaves and completion of the relevant forms
  • GeSY calculations and deductions
  • Provident Fund deductions and contributions
• Assistance in registering and de-registering employers and employees at the Social Insurance Department in the Republic
• Preparation of Social Insurance and other levies for employers, employees and self-employed individuals
• Submission of Social Insurance returns to the Authorities
• Obtain clearance certificate from the Social Insurance Department for expatriate employees for the purpose of renewal of their work permit
• Preparation of Employer’s Return (IR7)
• Preparation of Employee’s Annual Statement (IR63)
• Submission of personal Income Tax returns for individuals (IR1)
• Submission of PAYE to the Authorities
• Liaison with local Tax Authorities
• Arrangement for the issue of Income Tax certificates
• Payroll investigations
• Other related services