Posts with Tag "covid-19"

Additional Employment Tax Incentive (ETI) 2021

    5 minute read    

This blog is a follow up to our previous blog post dated 30 July 2021, regarding the Expanded ETI scheme being introduced by the National Treasury and SARS for the period of 1 August 2021 to 30 November 2021.

TERS Extension: 16 March to 25 July 2021

    5 minute read    

As promised in our last blog post, the aim of today’s post is to give an overview of the new COVID-19 TERS Direction and the process to apply for and receive TERS benefits.

TERS Refund Details and Possible Extension

    1 minute read    

In store today we have the first TERS post since our coverage of the two extended periods. If you made a refund for a period we’ll explain the reporting requirements for you to remain compliant, in addition to signposting a further extension to TERS due to adjusted alert level 4.

How working from home may have cut your tax bill

    5 minute read    

At SimplePay we love going the extra mile for our customers and their employees. Normally this involves making your payroll obligations a breeze, but sometimes there are aspects of income tax law that we like to highlight as they can benefit both you and your employees!

EMP501 Reconciliation to Reflect 2020 SDL Holiday

    3 minute read    

SARS has reminded employers that the EMP501 Reconciliation and Tax Certificates must reflect 0% SDL payable for May to August 2020 in terms of the 2020 SDL Payment Holiday.

February Adjusted Level 3 Amendments

    1 minute read    

This blog post summarises the amendments to the Adjusted Level 3 regulations for the COVID-19 pandemic.

UIF Payment Process Relaxed

    1 minute read    

To reduce queueing at labour centres the UIF is cutting back on red tape and engaging directly with employers. To find out more details, read our latest blog post.

TERS Update Blog: 22 December 2020

    1 minute read    

Blog post providing you with a handy TERS FAQ, based on information from recent UIF correspondence.

President’s Speech – 14 December 2020

    2 minute read    

The blog today summarises some of the key COVID-19 rule changes that affect businesses, as announced in the President’s 14 December speech.

State of the Nation Address: 11 November 2020

    2 minute read    

Our blog post today covers the President’s latest national address, picking out some of the key points that were communicated in the speech.

TERS: Updates and Clarifications

    5 minute read    

Our new blog post aims to shed some light on the newly revamped TERS process by detailing some of the changes made.

Lockdown Level 2

    3 minute read    

Today’s blog outlines the changes brought by lockdown level 2, as well as giving a comparison between each level of lockdown

Ending Service on SimplePay

    5 minute read    

Processes to follow should you sadly need to end service of any type on SimplePay.

Recap for June

    3 minute read    

Here’s a recap of the new features and important information released this past month.

Update: June TERS Applications

    less than 1 minute read    

Update on technical issues experienced in TERS applications for the month of June

Additional COVID-19 ETI Changes

    1 minute read    

The revised Disaster Management Tax Relief bills have given rise to ETI changes.

Upcoming ETI changes for the May EMP201

    less than 1 minute read    

Changes to the Employment Tax Incentive Act have been announced in the Second Revised Draft Disaster Management Bill.

TERS Applications for May Open

    4 minute read    

This blog provides details on the opening of COVID-19 TERS applications, as well outlining the key differences between this month’s and April’s processes

TERS: Foreign Workers Update

    4 minute read    

In this blog we reiterate points that were shared in a UIF webinar relating to TERS applications for foreign employees.

Interest Rate Change for Employer Loans

    1 minute read    

As a result of the latest repo rate change, the official interest rate for employer loans will change effective 1 June 2020.

COVID-19 TERS Update

    2 minute read    

Summary of the latest guide from the UIF, aimed at providing guidance to employers, post submission. Also details for those intending to apply in May.

New SARS Code and System Item for Disaster Relief Funds

    1 minute read    

We have created a new system item to assist with the special tax treatment and reporting requirements for COVID-19 relief payments from various organisations, such as the South African Future Trust (SAFT).

Lockdown Recap Blog #4

    3 minute read    

A consolidating summary of blogs and events from this week.

Lockdown Update: 8 May

    4 minute read    

In today’s blog we have an important update on how best to interpret employee TERS benefit entitlements and the effect of additional payments by employers to employees participating under the scheme. We shall also touch base on tracking of UIF applications, updates from SARS and cast our eyes forward with respect to ETI.

Amended Disaster Management Bills and Level 4 of Lockdown – 5 May

    4 minute read    

In this blog we update you on what has come to light from the release of the two amended disaster management bills this past weekend, as well as outlining what employers need to do if employees are returning to work under level 4 of lockdown.

Lockdown Recap Blog #3

    5 minute read    

This is the third in our series of lockdown recap blogs, providing a wide array of information to help you through lockdown

Lockdown Update – 29 April

    3 minute read    

Updates and clarifications on the TERS payouts and employer payments, expansion of the deferment of PAYE, as well as other topical news

Lockdown Update – 28 April

    4 minute read    

A summary of the key points from the Minister For Finance’s speech last Friday, outlining the path forwards.

Lockdown Update – 24 April

    2 minute read    

Updates on the distribution of TERS funding to employees, expansion of the TERS benefit and TERS application tracking.

Lockdown Update – 23 April

    4 minute read    

This blog summarises both updates to the TERS process and details of the new economic measures that were revealed by President Ramaphosa to aid businesses.

Update to TERS Application Channel

    1 minute read    

Employers can no longer apply to TERS via email. A new online application method is now available.

Lockdown Recap #2

    6 minute read    

A supplementary summary of the developments that have occurred over past week, in addition to answers to further frequently asked questions.

New Feature: COVID-19 TERS CSV Export

    4 minute read    

Update 23 April: We have received word that the termination date is in fact needed in the CSV (after being told to leave it out) and are doing the update as a top priority. In the meantime you can populate the termination date field before downloading the CSV and use our “copy down” functionality if the date is the same for all employees. We have received confirmation that the TERS benefit paid by employers to their employees will not be subject to PAYE, SDL or UIF. You may pay this amount off-system if you choose, but we recommend waiting until we have updated our system to include a new TERS benefit item. We will send out a notification when the system has been updated.

New Feature: Individual UI 19 Forms

    less than 1 minute read    

Update 21 April: The Department of Employment and Labour has opened a dedicated UIF toll free hotline, running 8am – 10pm Monday to Friday. The number is 0800 030 007.

Lockdown Recap and FAQ #1

    16 minute read    

Update 23 April: We have received confirmation that the TERS benefit paid by employers to their employees will not be subject to PAYE, SDL or UIF. You may pay this amount off-system if you choose, but we recommend waiting until we have updated our system to include a new TERS benefit item. We will send out a notification when the system has been updated.

Support for Business – COVID-19 TERS

    5 minute read    

An overview of the COVID-19 TERS scheme, detailing the requirements, rewards and process involved for businesses.

New Feature: Managing End of Service in Bulk

    less than 1 minute read    

To ease the payroll burden on employers and payroll administrators during the COVID-19 pandemic, we have introduced a new Employee Actions section to our Bulk Actions page to allow users to manage an employees end of service in bulk.