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How Payroll with Lanturn Works

Monthly Payroll Summary

As part of payroll outsourcing with Lanturn, we provide a comprehensive document that contains employee salary information, contributions, deductions, and reimbursements, which we will submit for your review and approval.

Payslips

We utilise our advanced payroll software to publish your payslips for easy access anywhere, anytime.

Easily Remit Salaries

Choose from two convenient options with our payroll service: let us deposit salaries for you, or receive a document for easily automated deposits through your banking app.

IR21 and IR8A

Lanturn’s experts will ensure that your IR21 and IR8A forms are submitted on time and with accurate information.

CPF

Let us handle your payroll needs, including the submission of your employees’ Central Provident Fund (CPF) records and the processing of payments for their CPF accounts.

Pricing

e5

First 5 employees

$200
e610

Per employee 6 - 10

$35

e610 (1)

IR21

$250

e610 (2)

IR8A Manual

$150 per employee

$75 if sign up for recurring payroll at the same time
Lower pricing available for existing clients of annual subscriptions

Save more and bundle up

Corporate Secretary

From filing statutory documents to advising your board on corporate governance matters, Lanturn’s Corporate Secretary Services provides you with the support and expertise you need to succeed.

Starting Form
$75/month

Accounting

Trust Lanturn’s team of experienced accountants to expertly manage your accounting and bookkeeping online, utilising cutting-edge cloud technology to provide efficient and effective service.
Starting Form
$175/month
Prices exclusive of Singapore GST

Why clients leave their payroll needs to Lanturn

Advanced Payroll Technology

Lanturn's advanced payroll technology simplifies and streamlines your payroll process, providing accurate and efficient processing that frees up your team's valuable time to focus on other aspects of your business.

Hassle-Free Payroll Management

With Lanturn's advanced technology, managing your payroll has never been easier. Let us handle the tedious tasks of calculating and remitting salaries, processing CPF payments, and providing detailed payroll reports. Our reliable and efficient payroll management solutions ensure compliance and timely payments, so you can focus on growing your business.

Transparent and Flexible Pricing

With Lanturn's transparent and flexible pricing, businesses of all sizes can enjoy tailored payroll solutions that fit their budget and needs, even providing cost-effective options for salary disbursement.

Expert Assistance with Compliance

Lanturn's team of payroll experts provides tailored solutions and expert assistance with payroll compliance requirements, including IR21 and IR8A forms, to ensure accurate and timely submissions. Leave it to Lanturn for accurate payroll tax reporting and compliance in Singapore, while you focus on growing your business.

Why do businesses love Lanturn?

Frequently Asked Questions

  • Accurate and timely processing.
  • Expertise and compliance.
  • Cost & time savings.
  • Lastly, access to the employee self-service payroll portal with advanced features in Singapore.

For other benefits, read our article on why you should outsource your payroll.

Efficient and reliable payroll processing for small businesses in Singapore saves time and effort by eliminating the need for manual payroll processing, ensuring compliance with complex payroll regulations, providing accurate and timely payments to employees, and being cost-effective by eliminating the need to hire additional staff and invest in software and infrastructure. Discover more and read our piece on the qualities of a good payroll service provider.

By ensuring that accurate records are maintained and timely submission of tax forms is made to the relevant authorities, payroll services in Singapore can help small businesses avoid penalties and fines for non-compliance, and also stay up to date with the latest tax regulations.

To set up payroll services in Singapore, a reliable payroll service provider needs to be chosen, and specific payroll requirements discussed, followed by signing a service agreement. Outsourcing payroll services ensures that the provider handles all aspects of payroll processing, including compliance with regulations, tax reporting, and record maintenance.

Employee self-service portals can provide employees with easy access to their payslips, and other important information, which improves transparency and reduces the need for manual distribution of documents.

Payroll services required for compliance with Singapore regulations include CPF contributions, tax reporting, and compliance with employment laws and regulations. Additionally, accurate and timely payments to employees and the maintenance of proper payroll records are also important for compliance. Acquiring a capable service provider like Lanturn can greatly assist you in timely payroll updates and compliance with government regulations in Singapore.

 

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