MAY 2020 – SOUTH AFRICA COVID-19 2nd REVISED DRAFT DMTR BILL It is important that employers note the following: Second COVID-19 Draft Disaster Management Tax Relief Bill published for public comments On 19 May 2020 National Treasury and the South African Revenue Service (SARS) published the second revised 2020 Draft Disaster Management Tax Relief (DMTR)...
MAY 2020 – SOUTH AFRICA COVID-19 AMENDMENT AND CORRECTION OF DIRECTIVES It is important that employers note the following: Further amendments to the directive regulating the administration of C19 TERS benefits Government Gazette 43265, Regulation 11101 No. R 486 was published on 5 May 2020 to further amend the schedule regarding the administration of COVID-19...
MAY 2020 – SOUTH AFRICA COVID-19 REVISED DRAFT TAX BILLS COVID-19 Revised Draft Tax Bills published for public comment On 1 May 2020 National Treasury and the South African Revenue Service (SARS) published the revised 2020 Draft Disaster Management Tax Relief Bill and the revised 2020 Draft Disaster Management Tax Relief Administration Bill for public...
FEBRUARY 2020 – SOUTH AFRICA 2020/2021 BUDGET SPEECH It is important that employers note the following: South Africa 2020/2021 Budget Speech and important changes affecting payroll The Minister of Finance, Tito Mboweni, delivered the Budget Speech for the fiscal year 2020/2021 on 26 February 2020. Highlights of the Budget Speech summarised: A consolidated budget deficit...
