Every Maltese employer must operate the Final Settlement System (FSS): deduct income tax at source according to CfR tax bands, calculate employer and employee NI contributions at the statutory rates, and remit both to the CfR by the monthly deadline. A late or incorrect remittance attracts interest charges and damages the employer's CfR standing.
FSS income tax and NI calculations are done manually in spreadsheets each month, leading to rounding errors and late remittances.
Automated payroll engine with current CfR FSS tax bands and NI statutory rates applied per employee.
Monthly employer returns to the CfR take half a day to prepare and submit.
Auto-generated pay slips and CfR FSS/NI returns in the required formats, ready for submission.
FSS income tax and NI handled automatically every month.
