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
https://www.crs.co.za/wp-content/uploads/2021/02/Newsflash-Header-Horizontal.jpg

FEBRUARY 2020 – GHANA CHANGES  TO TAX RATES It is important that employers note the following: New tax rates, effective 1 January 2020 Following the 2020 Budget speech delivered in November 2019, the proposed personal income tax bands for resident individuals have been revised by the Income Tax (Amendment) Act, 2019 (Act 1007). The personal...

https://www.crs.co.za/wp-content/uploads/2021/02/Newsflash-Header-Horizontal.jpg

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...

https://www.crs.co.za/wp-content/uploads/2021/02/Newsflash-Header-Horizontal.jpg

Revision of the Tax Rates An additional Personal Income Tax band of 35% for monthly income in excess of GHS10,000 was introduced during the Mid-year Budget Statement and came into effect 01 August 2018. Following feedback from the public after the implementation of the new tax band, Government concluded that some relief from this tax measure...

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