- Upcoming tax year-end for our payroll clients in the following African tax authorities:
- Lesotho – March
- South Africa’s 2023 tax year-end submission is fast approaching, so make sure all your HR, payroll and tax departments are in order and meeting the requirements for this frantic period. We are always available to assist with any compliancy queries. View the complete list here that we send out to our payroll clients, which includes statutory requirement reminders.
- Skills development levy (SDL) is drawing closer – a reminder that submissions are to be done by April. We have a great article written by our head of HR, Nicky Hardwick, which takes you through frequently asked SDL questions. Alternatively, view our SDL services here or contact our HR department for more information.
- Return of Earnings (ROE) submission to the Department of Labour is due on or before the 31st March 2023. This is legislated under the: COMPENSATION FOR OCCUPATIONAL INJURIES AND DISEASES ACT (NO. 30 OF 1993). View our COIDA fact sheet together with pricing here.
- Compensation Fund earnings threshold increase: The Department of Labour has published Gazette 48065 on the 17th February 2023, which states the maximum amount on which an assessment of an employee shall be calculated. With effect from:
- 1st March 2022 to 28 February 2023 the threshold is R529 264 per annum.
- 1st March 2023 to 28 February 2024 the increased threshold is R563 520 per annum
- On the 20th February 2023, the Minister of Employment and Labour issued a notice via Gazette No. 48092 that increases the BCEA (Basic Conditions of Employment Act) earnings threshold from R224 080.48 to R241 110.59 per annum, with effect from the 1st March 2023.
- On the 21st of February 2023, the labour minister stated that the national minimum wage is now R25.42 for each ordinary hour worked. This change will take effect from the 1st of March 2023.
- HRTorQue hosts a variety of weekly, online HR-focused mini workshops, covering various topics to assist and guide your managers to perform more optimally in their positions. View our list of trainings available or email us for more information.