Entries by Nicole Kleinsmidt

CRS News Flash 1 November 2019 – SOUTH AFRICA – Explanatory summary of the Tax Administration Laws Amendment Bill, 2019

NOVEMBER 2019 – SOUTH AFRICA EXPLANATORY SUMMARY OF THE TAX ADMINISTRATION LAWS AMENDMENT BILL, 2019 It is important that employers note the following: Publication of the Explanatory Summary of the Tax Administration Laws Amendment Bill, 2019 Government gave notice that the Minister of Finance intends to introduce the Tax Administration Laws Amendment Bill, 2019 to […]

CRS News Flash 31 October 2019 – SOUTH AFRICA – Medium Term Budget Statement

OCTOBER 2019 – SOUTH AFRICA MEDIUM TERM BUDGET STATEMENT It is important that employers note the following: South Africa Medium-Term Budget Policy Statement 2019 The Minister of Finance, Minister Tito Mboweni, delivered the Medium-Term Budget Policy Statement on Wednesday, 30 October 2019. Fiscal goals and projections for the economy, as well as the risks facing […]

CRS News Flash 29 October 2019 – ZAMBIA – New National Health Insurance Fund

OCTOBER 2019 – ZAMBIA NEW NATIONAL HEALTH INSURANCE FUND It is important that employers note the following: National Health Insurance Fund Implementation Following the approval of the National Health Insurance Act, 2018 in April 2018, the implementation thereof has been delayed while awaiting the publication of the Statutory Instrument indicating the regulations and effective date. […]

CRS News Flash 25 September 2019 – ZIMBABWE – Tax Changes

SEPTEMBER 2019 – ZIMBABWE CURRENCY REFORMS AND TAX CHANGES It is important that employers note the following:  Changes to tax rates due to currency reforms Currency reforms Statutory Instrument (SI) 142 of 2019, published as part of the Reserve Bank of Zimbabwe (Legal Tender) Regulations 2019, declares that the Zimbabwean dollar will be the sole […]

CRS News Flash 9 September 2019 – SOUTH AFRICA – New SARS PAYE BRS published

SEPTEMBER 2019 – SOUTH AFRICA NEW VERSION OF PAYE BRS PUBLISHED It is important that employers note the following: SARS PAYE BRS for Employer Reconciliation (2019 release) version 18.0.5 published  The latest SARS PAYE Employer Reconciliation Business Requirement Specification (BRS) was published on Wednesday, 4 September. The requirements in this version of the BRS will […]