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The Tax Tool© calculates tax due for salaries, monthly, weekly, fortnightly wages and adjusts for Medical Tax Credits based on the number of members on medical aid. Lookup all the payroll ceilings, limits, rules on the pdf Cheat Sheet.
Caters for 2019/2020 ,2020/2021 and also the 2021/2022 tax year and will be updated with new tax year rates as they are released.
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...
Payroll Administrators, please remember to change the UIF calculation in your payroll to reflect the new ceiling amount of R 17,712 per month, that comes into effect from 1 June 2021. (Govt gazette number 44641). Please E-mail help@payslip.co.za if you require assistance.
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