TaxEmployees Tax Review1st April 2012With South African experiencing an economic downturn and our Government on an ever expanding program of spending on infrastructure and…
Payroll / eTorQueTaxTax Laws Amendment Act, 20111st April 2012Taxation of Unapproved Insurance Benefits and Medical Credits The recent changes to the Income Tax Act have impacted on the…
Payroll / eTorQueReturn of Earnings – W.As.81st April 2012On or before the 31st of March each year, you are required to submit the above form to the Department…
TaxReserve Bank Repo Rate as at 2/4/20121st April 2012At a recent meeting of the Reserve Bank, it was confirmed that the current Repo Rate of 5.50% will remain…
BEEBill Aims to Create BEE Commissioner1st April 2012Article provided by Tony Kruger. The gazetted Broad Based Black Economic Empowerment (BBBEE) Amendment Bill is aimed at putting in…
Payroll / eTorQueTaxOID Earnings Ceiling1st April 2012The OID Earnings Ceiling increased from R277 860.00 to R292 031.00 from 1 April 2012.
Payroll / eTorQueDomestic Workers1st February 2012Please note that as per Government Gazette No 34797, dated 28 November 2011, the minimum hourly, weekly and monthly rates…
Payroll / eTorQueTaxUIF1st February 2012No news yet on whether or not they will increase the UIF limit to the same value as the BCEA…
UncategorizedEmail Marketing: To send or not to send?1st February 2012Email marketing is a powerful tool that, when used correctly, can bolster your bottom line and give your customers the…
TaxAmendments Effective March 20121st February 2012As mentioned in our previous newsletter, the “cap” tax relief will effectively fall away and be replaced by a tax…
TaxSARS Penalties – Interim Submissions1st February 2012SARS continually repeat / publicise their policy regarding admin penalties for late submissions and / or incomplete mandatory information on…
TaxTaxation Laws1st February 2012Reminder: Taxation Laws Amendment Bills (Published 2 June 2011) The changes from a payroll perspective are as follows: All the…