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The new South African tax rates come into effect from 1 March and there is a small difference in the tax rebates and tax thresholds only. The actual tax rates remain the same and there has been no changes to medical tax credits or any other payroll element. We do however await promulgation of a proposed change to the ETI remuneration from R 4000 per month to R 4500 per month before suggesting a payroll change. Please log onto the Payslip website for more information or to download the tax rebate change for your version.
Remember that you can claim up to an additional R750 for employees under 65 according to the extended ETI rules from August to November, Our software calculates the ETI rules and we have a handy excel template program to help you calculate the valid claims. Remember to email help@payslip.co.za if...
Remember that you can claim up to an additional R750 for employees under 65 according to the extended ETI rules from August to November, Our software calculates the ETI rules and we have a handy excel template program to help you calculate the valid claims. Remember to email help@payslip.co.za if...
The Bi-Annual filing season is now open and the deadline for submissions is 31 October 2021 for all South African Employers. If you would like assistance, please contact our friendly support consultants via email to help@payslip.co.za
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