July Recap Blog
Recap of the month of July and a look ahead to what's waiting for in August.
Month: July 2020
Repo Rate and Employer Loans Interest Rate Cut
The repo rate has been decreased to 3.5%, impacting employer loan benefits from 1 August 2020.
Extension of COVID-19 TERS Scheme and Other Employment Related Matters
Overview of the Budget 31 conference speech by the Department of Labour, covering the announcement of an extension to COVID-19 TERS, amongst other related proposals.
New Feature: EMP201 Breakdowns and Variances
We’ve expanded our EMP201 webview to include breakdowns and variances for PAYE, SDL, UIF and ETI.
Gross Remuneration Override for UI-19
You can now override the gross remuneration figure in the Individual UI-19 form.
COVID-19 Support Measure Timeline and Switching Support Options
The blog today covers an important TERS update, the duration of the main Government support measures and alternate support options for you to explore.
Update: New Individual Tax Returns Process
Reminder of the delayed deadline for individual tax returns and update on SARS' new auto-assessment process.
Ending Service on SimplePay
Processes to follow should you sadly need to end service of any type on SimplePay.
Recap for June
Here's a recap of the new features and important information released this past month.
Commencement of the Protection of Personal Information Act
A brief overview of what has changed since the announcement of POPI's commencement and how this relates to SimplePay.
Update: June TERS Applications
Update on technical issues experienced in TERS applications for the month of June