Payroll is basically a part of the Human Resource (HR) Department of any company. The payroll is responsible not only for managing employees’ salaries and compensation packages, but also for ensuring timely compliance with various legislations in accordance with the respective laws and acts to protect the Company’s reputation.
Tradenfill provide a one stop place for managing end to end payroll service of local employees, handling Tax and Statuary Compliance and Payroll Consulting Services for clients. Most of the business which are established recently they don’t have the well-established HR systems and processes leading to challenges in hiring top talents, retaining good employees and building a productive workplace culture. Payroll is must from the first day from when you hired your first employee. It’s only required from a legal point of view but also from an accounting perspective as payroll and payroll taxes considerably affect the net income of most of the companies.