Outsource Payroll or Run It In-House in Sri Lanka?
Outsourcing buys expertise and cover; in-house buys control and speed. Cost comparison at 10, 30 and 100 employees, and a decision checklist.
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Articles on payroll for Sri Lankan businesses: EPF, ETF and APIT compliance, payslips, gratuity, salary advances and payroll automation.
Humanised is payroll software in Sri Lanka. It calculates EPF, ETF and APIT every month and produces the payslips, bank file and returns. From LKR 10,000 a month.
Outsourcing buys expertise and cover; in-house buys control and speed. Cost comparison at 10, 30 and 100 employees, and a decision checklist.
Most small businesses lack knowledge of salary slips and find it complicated to understand what should be included in a salary slip…
With the statutory or regulatory payments landscape in Sri Lanka undergoing frequent change, it has become increasingly difficult for small businesses to…
EPF and ETF surcharges run from 5% to 50% of contribution, rising with delay length. Both bands, worked example and how to…
The most common method of communicating pay information to employees, payslips are a key component of a company’s payroll process and there…
Although a long-standing question in the local payroll services market, the debate over whether companies should opt for cloud-based or desktop payroll…
With the rapid pace of technology adoption across the business landscape in Sri Lanka, businesses small and large continue to integrate components…
What is APIT Tax in Sri Lanka Advance Personal Income Tax or APIT is the taxation on personal income generated by individuals…
What is EPF ? Unlike government employees who have pensions to support them during retirement your employees will benefit from social security…
About ETF The ETF Board was established under Act No-46 of 1980 and currently operates under the Ministry of Finance, Economy, and…