Payroll and HR CA Ideas Portal

Add Payroll Advance or Payroll Loans

Add an option to pay employees a tax free loan or payroll advance that will be taxed at a later date when wages or salary are earned.

  • Guest
  • Feb 5 2024
  • We're Taking A Look At This
  • Guest commented
    05 Feb 19:05

    At my business payroll is completed monthly based on the staffs commissions. Weekly they are giving advances based on their current progress. I would like an option to give them their advances tax free being deducted from their final commissions cheque at months end.