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SARS is advertising the 2021 tax relief measures from August 2021 for Employment Tax Incentives. Although not legislated yet, the instructions appear on the SARS website for claiming Employment Tax Incentives. Please see the tax practitioners notes here
We have updated our Windows Excel template program and PayLite Products to cater for the calculations. The software can be purchased from the shop or email help@payslip.co.za if you require assistance.
Altough the proposed tax rates from last week's budget speech has not been legislated yet, they are available in the Downloads Section for the Classic legacy version, PayLiteX/MacPayX. Please login and download the files for your product and use with discretion. Check the tax calculated manually to make sure the...
The UIF ceiling change has been withdrawn and we await further instructions from Department of Finance. LPrep-Draft-2021-07 – Draft Notice on UIF remuneration limit 24 February 2021.pdf Payroll operators, please remember to change the UIF calculation in your payroll to reflect the new ceiling amount that comes into effect from...
The National Minimum Wage Rate will increase from R 20.76 to R 21.69 per hour.[ Domestic wokers to R 19.09] The monthly equivalent for salaried staff will therefore be R 3,759.60 if working an 8 hour day/ 5 day week. Employers please adjust your Employment Tax Incentive Claim criteria calculations and...
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