Posts with Tag "eti"

Important Changes to our ETI Functionality and User Interface

    1 minute read    

A cornerstone of the culture at SimplePay, which has greatly contributed to our development to date, is our commitment to continuous improvement. This culture is what drives us to continually review and critique both our processes and our system to see where we can be even better.

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.

ETI Relief Expansion and PAYE Deferral Announced, effective 1 August 2021

    3 minute read    

Recently businesses in South Africa have experienced numerous hardships and challenges to profitability and for some, their continued existence. As a beacon of hope and in an effort to give support and relief to those affected, National Treasury and SARS recently announced an intended R5 billion tax relief package. To relieve the economic strain being applied to businesses in South Africa currently, it was to be rolled out as soon as possible.

National Minimum Wage Increase

    1 minute read    

Our latest blog post covers the increases to the national minimum wages, due to take effect on 1 March 2021.

Recap for June

    3 minute read    

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

Additional COVID-19 ETI Changes

    1 minute read    

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

Week Recap and Level 3 of Lockdown – Effect on Business

    4 minute read    

Closing off the month of May and level 4 of lockdown in style, this blog will give a brief overview of what’s been covered this week in our blogs, before turning to what businesses can expect under level 3 in June.

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.

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 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.

ETI Changes to Remuneration Brackets

    1 minute read    

The brackets for employee earnings that ETI can be claimed on have been updated to account for inflation.

National Minimum Wage Act

    1 minute read    

The new national minimum wage is set at R20 per hour effective from 1 January 2019.

ETI Changes for Special Economic Zones

    less than 1 minute read    

As from  1 August 2018, the criteria for employees who qualify for ETI have been amended for those working in Special Economic Zones (SEZs).

Accounting for ETI Made Easy

    less than 1 minute read    

We have just released a new feature that enables you to post ETI Utilised with the click of a button - no more need to do manual journals for this in Xero.

Employment Tax Incentive Functionality

    less than 1 minute read    

We’re proud to announce we’ve now incorporated support for ETI (Employment Tax Incentive, a.k.a. Youth Wage Subsidy) in the system. You can (and should) read more about it in the Employment Tax Incentive section of our online help.