BusinessTaxRelaxation of the Validation Rules for Code 4587 – s10(1)(o) foreign income exemption1st October 2020(Source: PAGSA; SARS) Background The Minister of Finance announced in the Budget Review on 26 February 2020 that the foreign…
BusinessHuman ResourcesLegislationLeave Pay, Notice Pay and Severance Pay – common calculation mistakes29th September 2020Pay for leave, notice and severance is an area many employers don’t always get it right. The calculation of these…
BusinessHuman ResourcesLegislationDraft code of good practice – violence and sexual harassment29th September 2020A draft code of good practice on the prevention and elimination of violence and harassment in the workplace was published…
BusinessEmployment EquityHuman ResourcesEmployment Equity Draft Bill – some key points to note29th September 2020Editor’s note: please be very wary of the new Employment Equity Bill. In our view it gives excessive powers to…
BusinessHuman ResourcesHow to deal with the abuse of sick leave29th September 2020We have recently discovered a significant increase in cases of leave abuse within companies, more specifically, sick leave. The employee…
BusinessTaxDo I need to submit a personal income tax return?29th September 2020Please see below requirements/criteria to be met for individuals to submit an income tax return: (“if you answered yes to…
BusinessEmployment EquityLegislationDomestic workers included in new COID Bill21st September 2020On 10 September 2020 the Minister of Employment and Labour introduced the Compensation for Occupational Injuries and Diseases Amendment Bill…
BusinessLegislationTaxWatch out – new potential rights and powers for SARS21st September 2020The government in August published the Draft Taxation Laws Amendment Bill (TLAB) and Draft Tax Administration Laws Amendment Bill (TALAB)…
BusinessCoronavirus ReliefsLegislationSARS PAYE Deferral – reminder to start paying back21st September 2020The 35% PAYE deferral for employers under the disaster management relief legislation was extended by another month to cover the…
BusinessCoronavirus ReliefsPayroll / eTorQueThe ETI challenge – EMP501 reporting21st September 2020In May we reported on the fact that most payroll systems had mis-calculated the Employment Tax Incentive (ETI) because the…
BusinessWhere to now for the South African economy?21st September 2020This is a fundamental question for our country. In our view it comes down to one issue. Whether government is…
BusinessLegislationTaxIs it just SARS sharpening its teeth, or is this an assault on taxpayer rights?18th September 2020Proposed new legislation seeks to put additional pressure on taxpayers to ensure the accuracy of their tax submissions. Section 34…