Independent contractor in South Africa? SARS is cracking down on foreign employers and their local independent contractors, but help is available If National Treasury has its way, foreign companies hiring South Africans as remote workers may soon find themselves in a legislative compliance pickle with SARS, which could see them become bogged down in red...
Check your email – you may have been auto-assessed by SARS The annual tax season commenced on 1 July and is in full swing. For most taxpayers, this time of the year is usually associated with a considerable amount of stress as they deal with the pressure of having to file returns by a deadline...
What you should know about Payroll legislation in South Africa Everything you don’t know about South Africa’s payroll legislation could be costing your company money. Managing payroll is complex – that’s a fact – and the list of regulations and submissions your business must comply with is a long one. One mistake could cost you...
Give payroll errors a miss in 2022 with tight and efficient payroll management Tight and efficient payroll management throughout the year can transform year-end complexities and minimise errors. When it comes to payroll, perhaps one of the biggest challenges is the fact that no organisation can afford to get it wrong. Mistakes can impact both...
AUGUST 2021 – SOUTH AFRICA EMERGENCY TAX RELIEF MEASURES It is important that employers note the following: Emergency tax measures as announced by President Ramaphosa The Minister of Finance, Mr. Tito Mboweni, released a media statement to provide some detail on the measures announced by the President of the Republic on 25 July 2021...
The complexities of ETI – coming to terms Introduced by government in 2013, the Employment Tax Incentive (ETI) scheme is designed to encourage employers to hire young work seekers by sharing costs. Even though it was only intended to run for three years, such was its success and the continued need to support youth employment,...
JUNE 2021 – SOUTH AFRICA ELECTRONIC FORM OF RECORD-KEEPING It is important that employers note the following: Draft public notice regarding electronic record-keeping On 3 June 2021 the South African Revenue Service (SARS) published the draft public notice whereby the SARS Commissioner prescribed the electronic form in which records, books of account and documents...
Coffee? Tea? Internet? Should your company pay for your expenses while you work from home? This is what your company should pay when you work from home There are regulations and rules that protect both employer and employee when it comes to costs, tools and behaviours, but these are being tested in entirely new ways with...
JULY 2020 – SOUTH AFRICA SARS INDIVIDUAL FILING SEASON It is important that employers note the following: Changes to the tax season for individuals As a result of COVID-19 and the restrictions implemented, SARS has made changes to the 2020 filing season process. A significant number of individual taxpayers will be auto-assessed in August SARS will...
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)...
