Interest Rate Change for Employer Loans
A change in the repo rate results in a change in the fringe benefit interest rate for low or interest free employer loans to employees.
2018
ETI Changes for Special Economic Zones
As from 1 August 2018, the criteria for employees who qualify for ETI have been amended for those working in Special Economic Zones (SEZs).
Feature Highlight: Copy First Value Down
Feature Highlight: The ’Copy first value down’ feature makes capturing repetitive data for employees much faster. Here’s how to use it.
Increased Security Features with 2-Factor Authentication
Introducing a new optional security feature, called 2-factor authentication, which requires users to enter a verification code as an additional step when logging into SimplePay or when changing their password.
New Feature: More Leave Functionality
Our new feature allows you to prevent self-service leave requests or notify employees if their request will result in the minimum leave balance not being maintained.
We’re Making It Easier to Identify Draft Documents
To make it easier for you to keep track of versions of your documents, we have added a stamp to the draft version of payslips, EMP201s and UIF declarations.
Your App can now Integrate with SimplePay!
We have built an API that allows integration with other HR and time and attendance systems.
2018 Employer Annual Reconciliation Filing Season
The 2018 Employer Annual Reconciliation filing season is now open. You have until 31 May to submit your EMP501s to SARS.
Travel Allowance Updates Effective March 2018
As of 1 March 2018, travel allowances where employees are reimbursed per kilometre are now taxable on the payslip if it exceeds the prescribed rate.
Tax Certificates Now Available via Employee Self-Service
Employees can now view their tax certificates via employee self-service.