Latest News

Below you will find our latest blog posts, press releases, alerts, newsflashes, infobytes, case studies and webinars. Happy reading!
bt_bb_section_bottom_section_coverage_image

FEBRUARY 2024 – BOTSWANA AMENDMENTS TO CERTAIN TAX EXEMPTIONS It is important that employers note the following: Amendments to exemption of certain lump sum payments The Income Tax (Amendment) Act, 2024, and Commencement Order 2024 were assented to by Parliament on 12 January 2024 and gazetted on 15 January 2024. The Income Tax (Amendment) Act,...

Tax year-end preparation for employers

The Fourth Schedule to the Income Tax Act No. 58 of 1962 states, among other things, that employers are required to: Deduct or withhold employees’ tax from remuneration; Pay the amount deducted or withheld to the South African Revenue Service (SARS) monthly on or before 7th of the following month; Reconcile employees’ tax during the...

SEPTEMBER 2022 – SOUTH AFRICA OFFICIAL INTEREST RATE It is important that employers note the following: Increase to official interest rate announced   The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) has increased the repo rate by 75 basis points. The announcement was made on Thursday, 22 September 2022. The repo...

MAY 2022 – SOUTH AFRICA OFFICIAL INTEREST RATE It is important that employers note the following: Increase to official interest rate announced The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) has increased the repo rate by 50 basis points. The announcement was made on Thursday, 19 May 2022. The repo rate...

MAY 2022 – KENYA FINANCE BILL, 2022 It is important that employers note the following: Kenya Finance Bill, 2022 published Following the 2022/2023 Budget Speech delivered on 7 April 2022, the Finance Bill, 2022 was published on 8 April 2022 in Kenya Gazette Supplement No. 67. Amendments of importance to employers are: Section 2 of...

JANUARY 2022 – SOUTH AFRICA OFFICIAL INTEREST RATE It is important that employers note the following:Increase to official interest rate announced The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) has increased the repo rate by 25 basis points. The announcement was made on Thursday, 27 January 2022. The repo rate has...

2024 Calendar Download


Download your CRS 2024 Tax Planner & Wall Calendar

     

    This will close in 0 seconds

    We use cookies to ensure that we give you the best experience on our website.