Payroll Mistakes to Avoid

Payroll errors upset staff, create tax problems and take time to fix. These are the most common mistakes and how to avoid them.

Common mistakes

• Wrong tax deductions on salary. Rates and slabs change, so check the current rules every year
• Missing adjustments for unpaid leave, overtime, bonuses or loans
• Paying late or irregularly, which hurts trust
• No payslips, so employees cannot see how their salary is calculated
• Poor records that cannot be produced when needed
• Mixing up contractors and employees

How to stay on track

• Collect attendance and leave data on a fixed date every month
• Use a standard payroll sheet and keep each month's copy
• Have someone other than the preparer review the payroll before payment
• Issue a payslip to every employee
• Reconcile salary payments with your bank statement

Our monthly payroll service handles the calculations, payslips, bank transfer sheets and reports, so your team is paid accurately and on time.