Skills DevelopmentSkills Development Registrations1st October 2011The Skills Development Act No. 97 of 1998 has as its purpose: To develop the skills of the South African…
BEELegislationThe PPPFA has been Amended – How does it affect YOU?1st October 2011The Preferential Procurement Policy Framework Act has been amended and is due to come into effect on 7 December 2011.…
Payroll / eTorQueTaxTotal Cost to Company1st October 2011Basis of Remuneration Explained 1. What is a ‘Total Cost to Company Compensation Package’? The concept of a Total Cost…
Tax2011/2012 Tax Tables1st August 2011Rates of Tax 0 – 150 000: 18% of taxable income 150 001 – 235 000: R 27 000 + 25% of…
Tax2012 Budget Summary1st August 2011After inflation and increases in other indirect taxes are taken into account, the R 8.1 billion in tax relief that…
TaxNews from SARS and Mid-year Submissions1st August 2011It’s mid-year already! Tax Year End, Budget Speech, – WSP’s, SETA’s and Filing Season seem to cause time to fly…
TaxFiling Season for Employees1st August 2011SARS have now published dates regarding the Employee filing season. They are: 1 July 2011 – The submission period opens…
Payroll / eTorQueHospitality Sector Minimum Wages as from 1 July 20111st August 2011NB: The current wage increases have been determined by utilising the CPI (excluding owners’ equivalent rent) reported by Stats SA…
TaxDraft Amendments Effective March 20121st August 2011As mentioned in the budget, the “cap” tax relief will effectively fall away and be replaced by a tax “credit”…
Payroll / eTorQueTaxNew Earnings Threshold1st August 2011Labour Minister Mildred Oliphant has announced an increase in the earnings threshold in the Basic Conditions of Employment Act (BCEA)…
Payroll / eTorQueAre employees paid twice for Sunday/Monday Public Holiday work?1st August 2011In the Randfontein Estates v National Union of Mineworkers (2006) 27 ILJ 1200 (LC), Randfontein Estates sought an order declaring…
TaxCapital Gains Tax Recap – After the Budget Speech1st August 2011The tax free portion on Individuals and Special Trusts is up from R17 500 to R20 000 The tax free…