Best Free Payroll Software in Singapore, Only 1SGD/Month

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A Singapore payroll system is a software solution designed to automate salary processing, ensure statutory compliance, and streamline HR operations for businesses operating in Singapore. With the country’s strict employment regulations and frequent tax updates, having a reliable payroll system is essential for efficiency and legal accuracy.

The system automates core payroll functions such as calculating employee salaries, CPF (Central Provident Fund) contributions, income tax (IRAS), overtime, bonuses, and leave encashments. It reduces manual errors, saves time, and ensures timely payment to employees. Integration with attendance systems, e-leave platforms, and accounting software allows for seamless data flow and better workforce management.

One of the critical benefits is regulatory compliance. A good payroll system in Singapore will automatically update in accordance with MOM (Ministry of Manpower), CPF Board, and IRAS guidelines. It also supports generation of itemized payslips, annual IR8A forms, and electronic submissions via the Auto-Inclusion Scheme (AIS).

Cloud-based payroll systems offer additional features such as employee self-service portals, mobile access, multi-currency support, and real-time reporting.

In conclusion, a Singapore payroll system not only enhances operational accuracy and productivity but also ensures your business remains compliant with local employment laws—making it a vital tool for SMEs and enterprises alike.

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