Payroll Solutions
BTSMC payroll runs to small and medium businesses to save time and money, reducing the need for in-house trained payroll staff, purchasing and maintaining appropriate software packages, and staying compliant with the labor legislations in the Philippines.
With our payroll solution, salary computations are completely automated and computation tables for tax deductions and government contributions are constantly updated to comply with mandatory requirements from the Philippine government to guarantee accuracy and reliability in our services.
The Solution Includes:
- Computation of basic salaries
- Computation of overtime pays, night differentials, restdays and holiday pays
- Computation of WTAX, annual tax, final tax fringe benefit tax and other taxes applicable to the employee
- Computation of SSS, PHIC & HDMF contributions
- Computation of 13th month pay and other bonuses and benefits
- Preparation of monthly, quarterly & annual government forms and other