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In the 2015 Budget, the Minister proposed to reduce the remuneration threshold against;which contributions to the UIF are calculated from the current monthly amount of R14 872 to;R1 000, for a period of one year. The proposal was aimed at providing support to the;economy by allowing workers and employers to keep and use for themseleves R15 billion that would otherwise have gone to UIF. The UIF currently has an accumulated surplus of more than R72billion, which is well in excess of annual expenditure on benefits. The UIF proposal was also intended to reduce the rate of accumulation of this surplus.
For more details download the full media statement by clicking on the link below.
Are you our next team member? JOB OFFER. Work from home administrator needed for our expanding team. Requirements: We work with client confidential information so security measures and being trustworthy is essential. Training will be provided. This may suit a semi retired or home based woman. We are 100% woman...
It’s almost that time again when payroll information needs to be sent to SARS. Payroll information from March to August needs to be sent to SARS via E@syfile or eFiling. This year the filing season is very short. It opens on 22 September and the deadline is 31 October. Any...
For all our PayX clients, exciting news: Please upgrade to Version 8 (major version release) to take advantage of all the new features. Costing History reports and on screen viewing has been improved and you can now email Tax Certificates to your staff. Contact help@payslip.co.za if you require assistance..
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