TFS Payroll - Designed and built to deliver

TFS Payroll ... most advanced and automated system at a price that is affordable for small to medium businesses ... has been designed and built by us to deliver:

Document Management 


All data and records are electronically stored and there is no need for printing or filing of the documents. 


Secured Data 


All data and records are electronically backed-up automatically and stored securely and confidentially that is above industry standards. 


Tax Compliance 


We are one of the only 16 PAYE Intermediaries in New Zealand . A PAYE Intermediary is essentially a 'go-between' who will protect an Employer from getting their PAYE obligations wrong and save them from copping a nasty fine from Inland Revenue. 


And the fines for Employers can be pretty harsh -with little room for negotiation. You can be fined for filing your return late, making a late payment, failing to deduct PAYE, failing to make the right deductions for things like superannuation contribution tax, student loans, child support and Kiwisaver. No Employer wants to end up being audited just because they miscalculated something on a PAYE return ... 


So that is why an Employer may choose to use a PAYE Intermediary who then becomes responsible for fulfilling the Employer's PAYE obligations. Once you appoint an Intermediary they act on your behalf for all of your companies PAYE responsibilities. They ensure the calculations are correct. They ensure the filing and payments are on time. And they deal directly with Inland Revenue to discuss anything that needs sorting out. You get on with running your business. 


The big differences here are the depth of understanding of PAYE and payroll calculations (an Intermediary is a dedicated specialist in this dark art) and the closeness of the PAYE Intermediaries relationship with Inland Revenue (an Intermediary has a direct line in to speak with actual people. Others do not). 


Labour Laws Compliance 


The Labour Laws ensure that workplaces follow at least the minimum employment standards. Employees must be paid at least the minimum wage, holidays and leave entitlements 


Employees can record and track their time in order to ensure that they are fairly compensated for their days worked. 


Leave Tracking is seamless and is reported to Employers and Employees on Pay Day. 


Innovation 


Enjoy seamless Payroll Processing with anytime, anywhere access. No more complicated software/apps to download - as long as you have an internet connection and a browser you are good to go. 


Employee Management & Expenses Tracking 


All employee data is recorded in the system. All expenses incurred by the employee is uploaded into the system. 


Payroll Reporting 



A Businesses Payroll expenditure including Holiday and Leave entitlements are accurately reported and send to the Owners for Management Reporting purposes. These allow for accurate reporting on the Financial Statements of the Company. 

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