Tag: payroll

Benefits of CRM for Small Businesses

Benefits of CRM for Small Businesses 

Successful businesses of all sizes use CRM systems, but for small businesses, it can be a breakthrough. Replacing outdated spreadsheets and file folders, this software offers essential benefits that drive growth and success. It enables small businesses to efficiently manage databases, streamline marketing, boost sales, and enhance customer service and business processes.  This article will delve into the main benefits…

Is paperless invoicing better than paper invoicing

Is Paperless invoicing better than paper invoicing? 

Is paperless invoicing better than paper invoicing? Let’s explore the answer. Despite the digital shift in today’s business world, many small businesses still rely on traditional paper invoicing, printing, and mailing bills to customers. This outdated approach often leads to unnecessary delays, higher costs for printing and postage, storage issues, and increased paper waste. So, why continue with paper invoicing…

Scaling Your Business: Key Steps for Taking Your Business from Offline to Online

In today’s digital age, the ability to scale your business from offline to online is no longer just an option—it’s a necessity. As consumers increasingly turn to the internet for their shopping and service needs, businesses must adapt to stay competitive Our recent webinar titled “Scaling Your Business: Offline to Online” provides valuable insights and practical steps for making this…

New PAYE 2024

How to compute the new (2024) Employee Income Tax (PAYE) in Ghana [template provided]

Ghana’s Parliament passed an amendment in December 2023, changing the Income Tax Act. They also added a minimum chargeable income, which might be tied to the rise in the National Daily Minimum Wage. These adjustments are likely to affect Ghana’s economy and workers significantly. After the amendment was passed in December 2023, the Ghana Revenue Authority (GRA) stated that the…

choosing the right payroll provider in ghana

Payroll Outsourcing in Ghana – Part 2: Choosing the Right Payroll Outsourcing Provider in Ghana

With the decision to outsource payroll in Ghana made, the crucial task of selecting the right provider remains. In this complex and competitive landscape, choosing the ideal partner can significantly impact your payroll efficiency, compliance, and overall business success. Here’s a comprehensive guide to navigating this critical decision: Factors to Consider: 1. Experience and Expertise in Ghanaian Payroll: Look for…

Payroll Outsourcing in Ghana – Part 1: Introduction, Benefit & Cost

Payroll outsourcing involves transferring the responsibility of managing your company’s payroll to a professional third-party provider. This includes tasks like calculating employee salaries, processing taxes and deductions, generating payslips, and ensuring compliance with Ghanaian regulations. Benefits of Outsourcing Payroll in Ghana: Cost Savings: Outsourcing eliminates the need for dedicated internal staff and resources for payroll functions. This translates to reduced…

payroll calculator in ghana

PAYE calculator for Ghana

Say goodbye to the days of tedious manual calculations and complex tax forms! Introducing the ultimate PAYE calculator for Ghana. This tool is designed to simplify your tax life and make it easier than ever to calculate your accurate PAYE deductions. Why Choose Our PAYE Calculator? Effortless and Accurate: Simply enter your basic salary and other relevant information, and our calculator will…

Top Payroll Apps in Ghana

Managing payroll in Ghana can be a complex task, but with the right tools, it doesn’t have to be. Here are five top payroll apps that can help you streamline your process and ensure accuracy: 1. BuiltPayroll: This cloud-based solution offers a user-friendly interface and comprehensive features, including payroll processing, tax filing, employee self-service, reporting and instant online payment of…

How does payroll work in Ghana

Understanding how payroll works is crucial for businesses in Ghana to ensure smooth operations, regulatory compliance, and employee satisfaction. In this guide, we’ll unravel the intricacies of payroll in Ghana, providing clarity on the processes, regulations, and best practices. 1. Employee Registration: The payroll process begins with the registration of employees. Employers collect necessary details such as tax identification numbers…