In this article we summarize a few legislative changes to take note of. Where applicable, we also include the link to the relevant Government Notice.
Category: Payroll Processing and Administration
ANNUAL COMPENSATION FUND RETURN OF EARNINGS (ROE) SUBMISSIONS
Feb 10,2023February 10, 2023
In terms of section 82 of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act No 130 of 1993) (COIDA), a registered employer shall furnish the commissioner with a Return of Earnings, no later than the thirty-first day of March in each year.
FIXING OF RATE PER KILOMETRE IN RESPECT OF MOTOR VEHICLES FOR THE PURPOSES OF SECTION 8(1)(b)(ii) AND (iii) OF THE INCOME TAX ACT, 1962
Mar 16,2022March 16, 2022
On 8 March 2022, the Minister of Finance, Mr Enoch Godongwana, published the Government Gazette stating that from 1 March 2022, the reimbursive travel allowance for 2022/2023 has increased to R4.18 per kilometre.
HOW GOOD IS YOUR SALARY STRUCTURING?
Aug 10,2017August 10, 2017
In tough economic times Employers are under pressure to give salary increases to Employees. The question then arises: What can Employers do to pay Employees better instead of only higher salaries?
RETIREMENT REFORMS SUMMARY EFFECTIVE MARCH 2016
Jun 06,2016July 7, 2017
The Taxation Laws Amendment Act was promulgated on 12 December 2013. This amended the way in which retirement funds are treated.