Understand why managing and managing all payroll charges is critical to reducing business risk
Running a business is far from 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 process organization. In this article, we will address the importance of tax calculations.
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 the strict interpretation of the supervisory bodies of the Ministry of Labor and Social Security, which will always tend to benefit the worker. For this reason, any challenge for the administrator and entrepreneur is even greater, since any misinterpretation of the legislation or even any error, even if unintentional, in the calculation of their payroll and payment of INSS and FGTS deposit can lead to very high fines and even blocking of their bank accounts until the dispute is resolved, thus representing a great risk for companies, no matter how good their intentions.
On several occasions foreign investors fail to invest in Brazilian companies due to tax risks and mainly labor and social security risks identified in the Due Diligence processes.
The administrator and entrepreneur must be aware of this labor and social security risk, even if unintentionally. As an example, we can cite: equal pay for 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 legislation.
These are just a few examples among others that can pose risks to your company. You don't want that to happen in your business, right?
How Taticca Auditores e Consultores can help in the review of labor calculations
As highlighted at the beginning of this article, it is essential to delegate tasks and optimize time of decision making. THE Taticca Auditors and Consultants has a highly specialized team with high technical knowledge to review labor and social security calculations, including payroll, INSS, FGTS and IRRF, thus anticipating possible risks and discussing an action plan for their regularization.
Taticca Auditores e Consultores is known for its working with direct and indirect taxes, external and internal audit, risk management, among others. To find out more, just call the phone (11) 3062-3000 or send an email to taticca@taticca.com.br.