Outsourced payroll for Singapore companies that would rather not run it in-house — salaries computed, CPF filed, payslips issued, and employment income reported to IRAS, accurately every month.
Payroll looks like a fixed routine until something moves — a new hire mid-month, a bonus run, an employee leaving, or a change to CPF rates. Each of those is a small chance to get a number wrong, and payroll errors tend to surface much later, at year end or during an IRAS query, when they are harder to unwind.
Steadbook runs the whole cycle for you. We compute pay, prepare CPF for the CPF Board, issue itemised payslips, and report employment income to IRAS — with a clean record behind every figure. You keep control of the bank authorisation; we own the deadlines.
This service suits small and growing Singapore businesses where payroll has outgrown a spreadsheet but doesn't yet justify a dedicated hire. You may recognise some of these situations:
Most of the payroll problems we are asked to fix fall into a few familiar patterns:
Because we run payroll continuously rather than reconstructing it once a year, these issues are caught in the month they occur — not twelve months later.
Onboarding is light. To set up your payroll, we typically ask for:
Each client has a named payroll contact with a backup, so there is always someone who knows your file. Payroll often sits alongside our accounting and tax work, which keeps your books, CPF and tax position consistent. For the full scope, see our corporate payroll service.
A typical engagement covers the full monthly cycle: computing gross-to-net pay, statutory contributions such as CPF, itemised payslips for each employee, and a salary payment file you authorise through your bank. At year end it extends to employment income reporting to IRAS. We also handle new hires, leavers, variable pay, bonuses and leave records as part of the recurring run.
Yes. Under the Employment Act, employers must give itemised payslips to covered employees, showing the breakdown of pay, allowances, deductions and the period worked. We issue compliant payslips to your team each cycle, so this requirement is met without you tracking the format yourself.
We calculate monthly CPF contributions for eligible employees — Singapore Citizens and Permanent Residents — and prepare the contribution for submission to the CPF Board by the statutory deadline. We apply the current rates and wage ceilings so the amounts are correct, and we flag any CPF changes that affect your payroll ahead of time.
Yes. We prepare annual employment income reporting to IRAS, including IR8A and Auto-Inclusion Scheme submissions where applicable, and IR21 tax clearance for departing foreign employees. Because we run the monthly payroll, the year-end figures reconcile cleanly to what was actually paid.
Payroll data is handled by a small, named team on access-controlled systems, separate from the rest of your bookkeeping where possible. Individual pay details are not shared beyond the people you authorise. This is often the main reason owners outsource payroll: it keeps sensitive figures out of the wider office.
Yes. We run payroll for teams of every size, including companies with only a handful of employees or a single director. There is no minimum headcount. For small teams, outsourcing usually costs less than the time and risk of doing it in-house once CPF and year-end filings are factored in.
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