Payroll & HR Administration Services

Our Products and Services

Payroll Services

• Setting up initial configurations for each employee (one-off service);
• Processing of absence, overtime, bonus accrual, social benefits data into a payroll software;
• Calculation of specific additional payments or deductions from employees’ salaries;
• Calculation of compensations for unused paid leave, compensations related to employment termination, etc.;
• Generating payroll sheets and summary accounts, monthly declarations for social security contributions and personal income tax;
• Preparing a table of annual paid leave used;
• Preparing payment orders or import files for the payment of social security contributions, taxes and salaries;
• Optional for the client – processing all payroll related payments through a special bank account opened for these purposes only;
• Distribution of employees payslips.

HR Administration Services

• Preparing HR documentation related to payroll (e.g. hiring and dismissal documents; documentation for changes in salary, position, departmental affiliation and other significant terms of employment contracts);
• Drafting employment contracts and amendments using the client’s standard template.
• Registration of employment contracts, amendments and terminations at NRA;
• Administration of documents related to sick leaves, maternity leaves, paternity leaves;
• Administration of civil contracts;
• Preparation of income certificates;
• Preparation and submission of reports to the National Statistical Institute;
• Preparation and submission at NRA of annual income reports under Art. 73 of PITA;
• Preparation of quarterly declarations under Art. 55 of PITA on taxes due under civil contracts.

Payroll Health Check Review

• Review of payroll documentation, calculations and processes
  
• Review of compliance with local regulations (e.g. treatment of different types of payment from social security and tax point of view)
• Review of social expenses / benefits
  
• Preparation of report with findings and recommendations 
• Review of internal documentation and policies related to personnel, incl. from legal point of view, e.g.:

- in relation to Health and Safety at Work Act;

- employment agreements and personnel files;

- rules and policies on the salary structure and organisation;

- social expenses and benefits policies.

Additional Support

• Assistance during tax and social securities checks and audits, as well as assisting with payroll tax reconciliations;
• Consulting on payroll calculation, HR administration and related matters;
• Conducting trainings tailored to the individual needs of the client on payroll and HR administration matters.

Why PwC Bulgaria?

• We help define your payroll challenges and give you direction
  - Helping uncover your payroll challenges in greater detail and agreeing a robust scope of services aligned to your needs.
• We will design a tailored payroll process that is efficient and compliant
  - Challenging your current approach and implementing innovative best practices and processes delivering efficiency and control.
• Deliver a seamless transition to PwC and add greater value
  - Providing a hassle-free transition which adds value right from day one, with detailed guidance provided on how your new payroll process will work.
• Keeping your organisation compliant and well-informed
  - We will keep you up to date with the latest industry trends and legislation, allowing you to make more informed decisions.