The SARS employers filing season has opened and employers have till 31 May to file the EMP501 return for the tax year ended 28 February 2019. If you need assistance, please contact us to arrange a booking. Call 010 591 2080 or email help@payslip.co.za
Our Support Consultants are expressly forbidden to capture banking details on client systems. This includes working on backups for SARS submissions or any other support work undertaken. Please consider how you audit and check your payroll capturing procedure and how you can ensure that staff banking details are only changed by authorised staff and that these...
Although the Employer PAYE filing season opened on 1 April, there is a notification on the SARS e-filing website stating that they are upgrading their systems on 13-15 April. We have decided to wait until after the SARS system upgrade to file the E@syfile declarations so that we don't have to redo a submission if...
Please remember to adjust your calculations from 1 March to the new ETI amounts or ensure you are on the latest version of Payslip: The monthly calculated ETI amount per qualifying employee is determined as follows: For the first twelve months of employment – Monthly Remuneration Determination Monthly Calculated ETI Amount R0 – R2000 50% x monthly remuneration R0 - R1000 R2001 - R4500 Fixed at R1000 R1000 R4501...
Friends, please be very careful when considering using web service companies to create self service electronic payslips. Ask your payroll provider first. Look for reputable long established companies that provide the expensive infrastructure to protect your data else that "free" or cheap service could become very expensive when your data is stolen. Scan their site using...
Please remember to print out the forcasted values for the WCA reports (Compensation for Injury on Duty)from your payroll system using the following rate of earning ceilings as part of the year end reporting/roll over reporting: From 1 March 2019, celiling is R 458 520.00 ( Gazette number GN1346 GG42092 / 7 December 2018) FRom 1 March 2018, ceiling...
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...
Please remind your staff to record their closing odometer reading on 28 February if they receive a Travel allowance. They will need it for their individual tax returns for the start and end of the tax year.
