Just a month into the new year and we’ve seen more labour unrest, the Rand taking a nose dive and not the rosiest of predictions around our GDP. Looking over the business opinions and general sentiment out there, there is no doubt that labour (and the mediation thereof) and employment equity will sit in the spotlight in our sector this year. Also certain is that tax, legislation and other statutory compliance will remain ever complex.  The Budget at the end of February will help us all clarify our strategic thinking but I am safe in saying that smart CEOs and their HR managers will spend 2013 focusing on skills and operational efficiencies set against a backdrop of exceptional service delivery. More than ever, strategies will need to be aligned not just to the organisation’s outlook but also to that of the region in which it operates. In short, we need to be realistic but compelling in our offerings too. The organisation that gets that right will feel the benefits ways beyond its bottom line.

Personally I am rather excited about 2013. Looking at my team, I can honestly say we have an outstanding mix of highly skilled go-getters all at the top of their game. Yes, challenges lie ahead but surround yourself with the right human capital and IT infrastructure and those challenges become mere opportunities. So here’s to another exceptional year and I look forward to catching up with you all individually in due course.

Until Next time,

James McKerrell

Labour Bills: an update

The Parliamentary Portfolio Committee on Labour is currently engaged in an intense review of the country’s labour laws.

The Chairman of the Portfolio Committee on Labour, Eleck Nchabeleng, said in a media statement on January 30 that the work in progress to amend South Africa’s key labour laws is expected to be finalised by the end of November 2013.

Nchabeleng said it was the strategic intention of the Portfolio Committee on Labour to ensure that the bills are passed into law before the end of 2013.

The labour laws currently being amended include the Basic Conditions of Employment Amendment Bill; the Labour Relations Amendment Bill; the Employment Equity Amendment Bill and the newly tabled Public Employment Services (PES) Bill.

South Africa Budget Update

The 2013 tax year end is fast approaching. Employers are advised to start preparing payrolls for the changes to be presented by Finance Minister Pravin Gordhan in his budget speech to Parliament on 27 February 2013.

CRS is running a series of seminars to ensure clients have all the updates. See dates below and be sure to attend.  For more information, please contact conference@crs.co.za.

5 March – Durban       6 March – Gauteng     8 March – Port Elizabeth         11 March – Cape Town 

CPD: Get your points here!

You can now earn your CPD points by attending the CRS workshops/seminars it however points may only be awarded to paid SAPA members.

Each certificated session offered will be assessed by SAPA so that content is deemed of value for the development of the delegate and enhancement of professional capabilities as a whole.

Contact conference@crs.co.za for more information.

Tax and Foreign Service Income Exemptions

There is a common misconception that all income relating to foreign employment is exempt from tax. This is a throwback to the previous tax regime whereby South African tax payers were exempt from tax on income derived from a non-South African source.  That all changed when South Africa’s tax system changed to a residence basis-under the new regime, anyone who is considered to be a “resident” of South Africa for tax purposes is subjected to South African tax on their world-wide income (subject to certain exemptions not relevant to this particular scenario).

Click here to read more on Moneyweb Tax.

BEE and Fronting: penalties get tougher

The government is tightening its black economic empowerment (BEE) laws to guard against fronting and impose tough penalties against those involved in the practice. In curbing the problem of fronting the government would impose tough penalties including imprisonment or a fine of 10% of the annual turnover of the company.

Click here to read more.

 Training Modules & CRS Workshops

We continue to offer a selection of training on the CRS modules. Please click here for the dates and venues.