Robert Watt, the owner-operator of three The Source Bulk Foods stores, credits FlexiTime with making the switch to payday filing easy.
“With 26 staff across three stores I can run pays and manage tax compliance in about 5 minutes each week without needing a payroll clerk”, Robert says.
Robert has been filing his staff’s employment information to IRD since April 2018 after FlexiTime became the first payroll provider to launch payday filing.
“I used to have to manually pull all the information out of my software and file it to IRD on the 20th of every month.”
“With payday filing, FlexiTime does the job of compiling the data and sending it on to IRD after each pay run so the job is out of the way and I don’t have to worry about it again.”
To make things even easier, Robert has chosen to pay the tax amount to IRD at the same time as he pays his staff each week.
“The whole tax part of the payroll process is now more integrated”, he says. “By filing and paying tax as I go I don’t need to worry about anything. I can do my payroll in 5 minutes and I don’t wake up in the middle of the night worrying that I haven’t paid or filed to IRD.”
Robert knows from experience that payday filing is a positive change for business owners. “With payday filing, you don’t have to spend so much time on tax compliance. It saves you a lot of time and effort and that’s good for business.
“FlexiTime’s payday filing solution is well established and it all happens automatically. Their software and support are great too. It’s made life as a small business owner very, very easy.”
Company: The Source Bulk Foods
Website: thesourcebulkfoods.co.nz
Industry: Retail
Customer since: May 2017
Team size: 26
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