Statutory
Remittance
Paying withheld statutory amounts to the relevant authority.
Remittance is the act of transferring deducted statutory amounts to the correct body by the legal deadline, with the supporting schedules: PAYE to the State Internal Revenue Service, pension to PFAs, NHF to the FMBN.
Related terms
Help & how-to
See it in practice
Remit PAYE, pension & NHF on time
Generate the schedules, track the deadlines, and record each payment reference.
Set up salary structures & pay elements
Define what people earn once, assign it in bulk, and override per employee where needed.
The payroll run lifecycle, explained
Run, review, approve and lock, pay, remit, then roll over. The same flow every month.
See it applied to real payroll
Vintage People applies these statutory rules on every run, with a full audit trail.