Payroll Services
Support with payroll calculation, payroll administration, preparation of employment-related reports and compliance with employment tax requirements.
Payroll calculation and compliance with employment-related requirements require accuracy, confidentiality and regular monitoring of the regulatory environment. Errors in payroll calculations, tax treatment or report filings can create financial and reputational risks. We help companies manage payroll processes, ensuring timely calculations and compliance with regulatory requirements.
Our services
- Payroll calculation
- Reporting
- Payroll administration consulting
- Support for foreign companies
Payroll calculation
salary and tax calculations;
calculation of holiday pay, sick leave and other payments;
preparation of payslips;
preparation of salary payment documents.
Reporting
preparation and filing of reports with the State Revenue Service (SRS);
preparation of annual reports on employee income;
preparation of statistical reports.
Payroll administration consulting
consulting on payroll tax matters;
support in assessing and improving payroll calculation and administration processes;
automation of payroll calculation and administration processes;
employee training.
Support for foreign companies
registration for payroll tax purposes in Latvia;
support with cross-border employment matters.
When are these matters relevant?
the company does not have a specialised payroll function;
there is a need to replace or supplement internal resources;
the company employs foreign employees;
payroll calculations are becoming more complex;
process efficiency needs to be improved;
new HR or payroll system solutions are being implemented;
the company is expanding its operations.
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