The South African Reserve Bank has announced an increase to the repurchase rate, effective from 19 November 2021. You can read about how this increase will effect the SimplePay system in this blog post.
Posts with Tag "simplepay"
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.
SimplePay automatically calculates and applies a pro-rate percentage to the Basic Salary of employees if they do not work for a full pay period i.e. the are appointed after the start of a pay period or terminated before the end of a pay period. We’ve received several requests to allow for the pro-rata percentage to be applied to other items, and are delighted to announce that this functionality is now available for certain custom items.
SARS recently notified us that testing of the latest updated [email protected] software would commence today in preparation for its release to the public in September 2021.
In March 2021, we introduced beneficiaries to the system (refer to our blog post dated 9 March). We’ve now expanded this feature to allow you to pay beneficiaries in bulk.
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.
In this post, we discuss the requirements for non-sectoral TERS claims which can be made from 13 April 2021.
You can now capture leave in bulk by importing an Excel file.
We’ve expanded our beneficiaries functionality so that you can add beneficiaries for custom items.
You can now download a ZIP file with all the payslips within a specific date range for selected employees or pay points.
We’ve expanded our permissions functionality to include an option for read-only access.
You can now bulk assign leave policies to employees not on the company default policy.
We’re looking back at the year 2020 and making an important announcement about our annual price adjustment.
You can now add passwords to payslips that are sent to employees via email.
Hourly paid employees can now use self-service to submit their hours worked for the period.
We’ve made extensive updates to our ETI functionality.
We’ve created an automatic quote generator that allows you to receive a formal quote in PDF format straight to your inbox.
We’ve changed the label for Compassionate Leave to align with the Basic Conditions of Employment Act.
We’ve revamped our employee filters to make it more convenient to find and select employees.
The repo rate has been decreased to 3.5%, impacting employer loan benefits from 1 August 2020.
We’ve expanded our EMP201 webview to include breakdowns and variances for PAYE, SDL, UIF and ETI.
Here’s a recap of the new features and important information released this past month.
In addition to the existing tax trace and the new ETI trace announced on 5 June 2020, we now also have a UIF, SDL and Retirement Deduction trace.
Our new ETI breakdown and ETI trace provides more information on how ETI is calculated.
We have added a feature that allows you to view all payslip items without previewing the payslip.
The revised Disaster Management Tax Relief bills have given rise to ETI changes.
A new notification will alert you of foreign employees when submitting UIF Declarations.
As a result of the latest repo rate change, the official interest rate for employer loans will change effective 1 June 2020.
You can now download the files for UIF Declarations that were successfully submitted to the Department of Labour.
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).
You can now download pre-populated UI-2.7 forms for employees terminated with codes 9, 10, 17, 18 or 19.
The repo rate has decreased by 100 basis points, resulting in the official interest rate for employer loans changing to 6.25%.
South Africa’s new parental, adoption and commission parent leave is effective.
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.25%.
As 2019 (and the decade) draws to a close, we’d like to thank you for choosing SimplePay as your payroll software provider. We really value the loyalty, ideas, feedback and love that we get from you, our clients.
Our new optional timeout feature allows you to choose how long the system can be left idle for before automatically logging you out of SimplePay.
We have upgraded our integration with QuickBooks.
We’ve expanded our feature for custom items based on existing system items.
SimplePay is delighted and proud to announce that we have been chosen by Xero as a finalist for the App Partner of the Year: South Africa.
You can now specify that leave days carried over from the previous leave cycle expires if not used within a specified time frame.
The Interim Employer Reconciliation filing season with SARS is now open and ends on 31 October 2019.
You can pre-register for access to the new online platform for the Compensation Fund.
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.5%.
You can now change payslip dates in bulk.
Small changes can make a big difference, so we have added a new leave report and made some tweaks to entitlement policies.
You can now inform your employees that they file their tax returns via eFiling and the MobiApp
We are happy to announce that we have increased our bulk actions functionality to include bulk actions for once-off payslips.
As of 1/3/2019, all employer contributions to Bargaining Council funds should be treated as taxable fringe benefits.
Add your own fields to an employee’s Basic Info screen with our newest feature.
The Minister of Labour announced in Government Gazette No. 42092 that there would be an increase in the OID earnings threshold under Section 83 (8) of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act no. 130 of 1993).
We have officially launched our new user interface design!