Payroll For Individual Contractors
Payroll for Independent Contractors
Working as an independent contractor in EU attracts a unique set of challenges. One, for the reason being that, EU is not a member of the European Union and second, due to its federal structure. The corporation taxes and personal income tax vary across the country as EU does not have a centralized tax system, or uniform tax structure across the cantons. Effective payroll management plays a vital role in addressing taxation regulations and immigration issues governing the independent contractors, freelancers and consultants. Some of the common queries among independent contractors are:
- What could be the easiest mode of payment to contractors and how to deal with prevailing remunerations?
- How can contractors work abroad?
- How can contractors manage tax and issue invoice to clients?
- How can the employee payment systems be made more transparent?
- Whether integration of accounting systems and taxation services make payroll management more efficient?
- Which software program can be considered for accuracy in calculating taxes?
Tomgandhi Consulting has solutions for all those queries and more. As a renowned management company and pioneer in payroll services management, Tomgandhi Consulting has been a natural choice for over 1,300 international contractors and freelancers, as well as the Fortune 2000 companies and global recruiters. The company has a proven track record of developing effective mechanism to resolve payroll issues of individual contractors through time-bound comprehensive analysis and resolute approach. The overall advantages of availing the “payroll management services” by Tomgandhi Consulting are many; including,
- Streamlining the obstacles and increasing the take home pay package
- Efficient tax plans based on nationality, contract period, number of dependents etc.
- Reduces paperwork for independent contractors
- Transparency and regular updates on payroll schedule
- Simplifying business management without creating any burden on the managerial capabilities of the contractors
- Ensuring maximum salary retention and create greater employee satisfaction
- Customization and tailor- made payroll services depending on the nature of business and employment infrastructure
- On-time payments, direct deposits and customized payment schedule to avoid organizational discrepancies
Benefits of Tomgandhi Consulting Payroll Services for Individual Contractors & Freelancers
- Tax optimization and full contractor compliance in 80+ countries
- Transparent fixed fee structure, agreed in advance
- Fully insured and indemnified to ensure global deployment of contractors
- Streamlined processes to ensure accessibility to rapid timesheet, invoice, expense and payment processing
- A dedicated client manager who will act as the contractor's single point of contact in Tomgandhi Consulting
Of workers will be Contractors