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Foreign travel advice Indonesia
FCDO advises against all travel to parts of Indonesia.
Foreign travel advice Romania
Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).
Foreign travel advice The Gambia
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Ferry services between Banjul and Barra have been suspended until further notice; The Islamic Summit of the OIC (Organisation of Islamic Cooperation) will be held in Banjul on 4-5 May; road closures and delays at Banjul International Airport ('Safety and security' page).
Foreign travel advice China
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Updated information on flooding (‘Safety and security’ page).
Guidance Living in South Korea
Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.
Contractor Payroll Services: How To Choose Them?
Contractor Payroll services: how do they work and what you should know
Why should I use a contractor payroll service?
When you’re going to work abroad or are already working abroad, you have to keep a lot of things in mind. Obtaining work permits, residence permits, and not only for yourself, but also potentially for the workers too. Payroll services allow you to effectively manage contractors, ensuring that they are always paid on time and with all the taxes of the new country taken into account.
Effective payroll management plays a vital role in addressing taxation regulations and immigration issues governing the independent contractors, freelancers and consultants. You’ll also find that most services will have a dedicated customer service line should any problems arise.
Hiring an independent contractor, freelancer or consultant to do some quick contract work can be a valuable service for your business, but comes with its own set of problems. If you want to hire freelancers, contractor payroll services will save you a lot of hassle come tax time. Independent contractors in Italy are entirely responsible for paying their own taxes, which saves you money on benefits, insurance, and training.
What if I want to do payroll myself?
Large companies will often do payroll in house as they have the resources to maintain a dedicated department, but for smaller companies and individuals who hire contractors it is generally easier to delegate the job to a contractor payroll service. This will save you time, frustration and, ultimately, leave you free to grow your business.
If, instead, you choose to do your own payroll processing for your employees, you’re responsible for filling out all of the tax paperwork for each individual contractor, as well as mailing them and keeping a detailed account of all transactions. However, a payroll service will do that for you.
They’ll also take care of preparing and sending monthly payslips, preparing the annual withholding tax statements (Certificazione Unica), making sure correct contributions are made to the social security system, and keeping detailed files for your contractors.
You and your clients will be able to focus on the job, or jobs, at hand, knowing that a payroll service will have you covered.