CAPITAL CORP. SYDNEY

73 Ocean Street, New South Wales 2000, SYDNEY

Contact Person: Callum S Ansell
E: callum.aus@capital.com
P: (02) 8252 5319

WILD KEY CAPITAL

22 Guild Street, NW8 2UP,
LONDON

Contact Person: Matilda O Dunn
E: matilda.uk@capital.com
P: 070 8652 7276

LECHMERE CAPITAL

Genslerstraße 9, Berlin Schöneberg 10829, BERLIN

Contact Person: Thorsten S Kohl
E: thorsten.bl@capital.com
P: 030 62 91 92

PAYROLLS

PAYROLLS

The following payroll frequencies are allowed:

  • Daily
  • Weekly
  • Fortnightly (or bi-weekly)
  • Semi-monthly
  • Calendar monthly
  • 4-week monthly (with 13 “months” in a year)
  • Quarterly
  • Annual

Payrolls are controlled by means of calendars which cover a tax year. By reference to the calendar, nuQ determines when months, quarters or tax years end, and the required period end processing takes place automatically.

A payroll is usually limited to one tax authority, but where there are just a few employees in one or more tax jurisdictions, they can be included on the same payroll as the bulk of the employees.

If there is more than one tax authority dealt with by a payroll, a separate calendar is set up for each authority. nuQ handles multiple tax year ends automatically and elegantly.