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Managing your payroll for you
Managing payroll is becoming increasingly complex. Different awards, tax brackets, salary packaging, FBT - as well as super and Worker’s Compensation - can take up valuable time and resources. So, many organisations outsource it to CXC Global.
CXC Global can take care of all your payroll needs - saving you time, effort and money.
Our finance and payroll experts understand the often complex needs of payroll, and will manage multiple payments, taxes, superannuation and insurances, on your behalf. It’s important to get right, as failure to comply comes with high financial penalties.
Not only will that save you time and potential liabilities, it may also save you money on payroll tax. And for most of our clients, the savings we make more than cover our fees.
Please take a moment to read through the information below, then talk to one of our experienced personnel on 1300 724 082, or enquire online for more information.
Why outsource? Managing payroll takes specialist knowledge. If managed within your organisation, it takes time and money to set up, implement and manage. With regular taxation and legislative changes, it also requires constant training and updates.
By outsourcing payroll, you free up your internal resources to do what they do best - with a better payroll solution in place.
There’s an immediate saving on cost and time, of course. But also the advantages of flexibility: employees and contractors can be easily added on as and when required. With the specialist skills, technology and infrastructure that CXC Global offers, your outsourced solution is much more efficient and cost-effective.
That means better control, better risk management, and improved productivity. It may also give you an edge over your competition.
Why CXC Global? CXC Global has over 15 years proven experience in managing customised payroll systems. Offering a one-stop-shop solution.
We currently manage the payroll for many organisations, as well as more than 9,000 contractors around the world. CXC Global can provide local support and expertise in every Australian state, with a significant presence in at least 20 countries across the globe.
We are the only management company that can facilitate and administer every type of tax structure, including PAYG, Salary Packaged, Pty, Trust and ABN.
We also customise the software used. Our dedicated project team are there to ensure smooth implementation of the solution, with a team of 12 developers to build specific tailored solutions.
An added benefit to employees and contractors is that we offer them a free online tax return web portal.
We’re proud of the quality of our service, and the innovations we continue to deliver for our clients.
Salary packaging Salary packaging is the legal process of packaging a cash salary into a combination of cash and concessionally taxed benefits, to the net benefit of the employee or contractor.
CXC Global aims to maximise the packaging flexibility while maintaining complete compliance with all the relevant taxation, legal requirements and rulings.
Payroll outsourcing of all contractors If you are employing contractors directly or through their off-the-shelf companies, you are at risk of being sued by the contractors, the government or third parties for compensation or unpaid taxes.
Our business is to ensure that the contractors who work through CXC Global are legal, have the relevant insurance, and to maximise their cash-in-hand earnings. For this we charge them a small fee, which is always covered by the savings in tax.
As an organisation, you can outsource the payroll management of all contractors to us. We then supply an online web portal for you, and a separate web portal for contractors.
These portals provide real-time information, such as contractor details, standard contracts for signing, electronic timesheets, pay slips, and more.
Benefits include: - Streamlined contractor on-boarding process
- Contractor portal accessed via your website
- Electronic timesheeting solution for client if required
- Live reporting for HR and Procurement via web portal
- Monthly Payroll Tax reports
- Detailed guidance to the contractor on all payroll and engagement structure options
- All payroll handled by CXC Global – CXC Global remits PAYG tax, superannuation, net salary
- CXC Global covers for all insurances (Workers Compensation, Public Liability, Professional Indemnity) and takes employment risk
- Minimise employment risk exposure as all PAYG contractors are on CXC Global’s books
- Potential net increase in hand for local and international contractors through salary packaging
- Tax returns completed and financial advice offered to the contractors
To find out how CXC Global can help you, talk to one of our experienced personnel on 1300 724 082, or enquire online for more information.
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