Understand why managing and administering all payroll charges is essential to reduce business risks
Running a business is far from being an easy task: it requires vision, organization, planning, and a lot of control. The entrepreneur or administrator of a company must always seek the optimization of efforts, delegating tactical procedures and having more time for strategic decision-making. And for the proper functioning of a company, it is essential to organization of processes. In this article, we will address the The importance of tax calculations.
The review of labor and social security calculations
The legislation that deals with the relationship between employee and employer has not adapted to the constant evolution of company processes, which allows for strict interpretation by the supervisory bodies of the Ministry of Labor and Social Security, which will always tend to benefit the worker. For this reason, any challenge faced by the administrator and businessman is even greater, since any misinterpretation of the legislation or even any error, even if unintentional, in the calculations of your payroll and collection of income tax and FGTS deposit can result in very high fines and even blocking of your bank accounts until the dispute is resolved, thus representing a great risk for companies, no matter how best their intentions may be.
Foreign investors often fail to invest in Brazilian companies because of the tax risks and especially labor and social security risks identified in Due Diligence processes.
The administrator and entrepreneur must be aware of this labor and social security risk, even if in an unintentional way. As an example, we can cite: the equalization of salaries of professionals who have the same functions and responsibilities, however, receive different salaries, or even if the company is complying with the minimum quota for hiring disabled people established by law.
These are just a few examples among others that may pose risks to your company. You don't want that to happen in your business, right?
How Taticca Auditors and Consultants can help review labor calculations
As highlighted at the beginning of this article, it is essential to delegate tasks and Optimize time of decision-making. A Taticca Auditors and Consultants has a highly specialized team with high technical knowledge for review labor and social security calculations, including payroll, INSS, FGTS and IRRF, thus anticipating possible risks and discussing an action plan for their regulation.
Taticca Auditors and Consultants is known for its Working with direct and indirect taxes, external and internal auditing, risk management, among others. To learn more, simply call (11) 3062-3000 or send an e-mail to taticca@taticca.com.br
