BusinessLegislationTaxTemporary Employment Relief Scheme (TERS)27th March 2020The TERS scheme has been talked about in relation to the Covid-19 situation, but was originally introduced in December 2019.…
UncategorizedBe optimistic and keep sight of the end game27th March 2020In the context of the lockdown and events surrounding us there is considerable room for pessimism as business owners, employers,…
BusinessKeeping your business alive through the Coronavirus lockdown27th March 2020Business owners are scrambling. Demand has dropped for many industries and the battlefield is still too new to know what…
UncategorizedBudget change – Tax and exchange control treatment of individuals28th February 2020(source: treasury.gov.za) Following reforms to the income tax treatment of South African tax residents who receive remuneration outside the country,…
TaxBudget discussion – Proposed new foreign exchange approach28th February 2020The National Treasury proposes modernising the foreign-exchange system. Since 1933, South Africa has operated a “negative list” system. By default,…
TaxBudget change – Limiting the use of assessed losses28th February 2020When a company’s tax-deductible expenses exceed its income, it records an assessed loss. Often, the loss is carried forward to…
TaxBudget discussion – curtailing excessive interest tax deductions28th February 2020Government proposes to restrict net interest expense deductions to 30 per cent of earnings for years of assessment commencing on…
Human ResourcesNet Promoter Score – Powerful, simple surveys28th February 2020While we encourage employers to do regular, consistent employee surveys to gauge the mood of the workforce and the perception…
UncategorizedSuth African 2020 budget highlights28th February 2020In a bit of a turnaround the Finance Minister delivered a budget with very little in the way of tax…
Human ResourcesThe price of a poor communication culture28th February 2020Editor’s note: HRTorQue works with a UK company to improve communication flows in the workplace. If you would like more…
Payroll / eTorQueSage announces it will discontinue statutory compliance support4th October 2019In a recent announcement, Sage confirmed that from the 1 October 2019 they will no longer provide tax and compliance advisory…
Skills DevelopmentSkills Development – how to claim4th October 2019If you are an organisation that is liable for and registered to pay a Skills Development Levy to SARS (where…