An Irish manufacturing company wishes to send a number of employees to work on a project in Germany for 2 years. The company has no branch or office in Germany and therefore has no personnel experienced in operating German payroll. The employees have assignment packages including various relocation costs and assignment benefits and the company wishes to ensure that they are compliant in both Ireland and Germany.
The taxback.com solution
Our tax teams in the home and host locations can review the packages and advise on the taxation of the various elements of compensation. Our tax teams can also advise regarding employer and employee registration requirements in the two locations. The social security position of the employees may also be reviewed and advice and assistance is available in respect of applications required in order to maintain the employees in the correct system.
Our payroll teams arrange for the set up of an expatriate payroll for the employees ensuring that the tax and social security payments are correctly calculated. We arrange for delivery of the compensation to the employees (split payments can be arranged – delivering a portion in Germany and a portion in Ireland if required), payment to the tax and social security authorities in the various locations and payment of expenses to the various service providers.
We provide detailed reports itemising the payments made for the employer and provide the employees with online access to payslips. We are available to answer employer and employee questions as required.
Our tax team can also assist in preparing end of year tax returns in the home and host locations at competitive rates for the employees.
Our fees start from as little as €3 per payslip per month. We have a fixed fee structure to keep all our costs transparent. The fees charged are based on the number of employees and are on a bundled basis, according to the location of the payroll(s), number of payrolls required and any additional services required. A sample package would be as follows:
Company: Irish payroll required for 50 local Irish employees paid on a monthly basis.
Fee: Annual fee of €2,280 to include set-up costs, payroll services and year-end processing.Contact us today about your specific requirements.