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...
Spending a Day in the Life of a Payslip Do your employees fully understand the processes behind payroll? A payslip and payroll, for many people, remains a mystery. The processes and calculations that sit behind the monthly amount that lands in the bank account are vague and complicated. Many employees find navigating the maze of...
South Africa’s Income Tax Act. No. 58 of 1962 prescribes that employers must deduct the correct amount of tax from employees, pay this amount to SARS on a monthly basis, reconcile these deductions and payments during the annual and interim reconciliation, and issue tax certificates to employees.
