New Zealand Payroll

Everything you need to know about paying your NZ based staff

Why You Need Payroll Services in NZ

20 June 2014- 11 min read

Managing payroll in New Zealand is a complex process. More than writing and handing out checks to employees, it entails maintaining accurate records, filing with the NZ IRD, and calculating payroll taxes among others. For many business owners and managers today, outsourcing payroll services has become an efficient alternative to in-house payroll processing.

Why Do You Need Payroll Services NZ?

1. Save time.

By outsourcing payroll services, you'll have more time to devote to other important aspects of your business, or simply to relax. Processing payroll internally is typically a tedious and arduous process that consumes too much time. When you leave payroll to professional service providers, you'll be able to free up time, whether your own or your personnel's time.

2. Save money.

You won't have to spend on costs associated with payroll such as training staff and purchasing accounting programs. Payroll nz service providers have experts trained in managing payroll, and they're responsible for handling all processes related to payroll. On the other hand, many people usually handle different parts of payroll processing in a small company, hence increasing staff costs. Overall, the cost of hiring payroll services is more affordable compared to in-house processing.

3. Avoid payroll mistakes and reduce risks.

Outsourced payroll experts are well trained and experienced, and they're less likely to make errors. They ensure on-time payment and accuracy in paying a company's staff, filing IRD and managing all necessary paperwork.

What Can Payroll Services NZ Do for Your Business?

KeyLink offers a complete range of payroll services including direct credit of wages and salaries, payslips, sick leave, holiday pay, PAYE returns and payments, phone support for payroll issues, court and IRD fine payments, lump sum payments, payroll giving, child support payments, student loan payments, and comprehensive reports. Our expert payroll services can handle everything that an in-house payroll department manages. They can even be customised services to meet the exact needs of your business.

How to Choose a Reliable Payroll Service

When choosing a provider, it's essential to consider a number of important factors to ensure that you're entrusting your company to a trustworthy provider.

1. Check the provider's reputation and track record.

2. Find out if the company has a friendly, dedicated and well-trained staff, and a high level of customer service.

3. Map out a list of payroll services your company will need for a year to avoid paying for unnecessary additional services.

Whatever the size of your business, payroll processing can be a stressful and time-consuming task. By choosing an outsourced payroll solution, you can focus more on growing your business and fine-tuning operations. With KeyLink as your outsourced payroll service provider, you can have the peace of mind that your business is in good hands.

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