National Budget Speech 2024
In this blog, we briefly discuss the changes announced in the 2024 Budget Speech and how they affect your payroll.
Posts with Tag "tax"
Self-Service Claims Now Available By Default
We’re happy to announce that we’ve made our Employee Self-Service (ESS) claims available to our entire customer base — by default! Find out more about this exciting feature in our blog.
Discover How to Seamlessly Transition Payroll Software Mid-Tax Year
SimplePay is hosting a webinar to show you how easy and simple it is to switch payroll systems during the tax year.
SARS’ SMME Feedback Survey
Today’s blog post provides our SMME clients the opportunity to provide direct feedback to SARS on tax issues and pain points.
New Feature: EMP201 Breakdowns and Variances
We’ve expanded our EMP201 webview to include breakdowns and variances for PAYE, SDL, UIF and ETI.
Support for Business – COVID-19 Employment Tax Incentive
An overview of the changes made to ETI due to COVID-19, which bring opportunities to both current participants and employers who previously did not qualify.
Expansion of Custom Items Based on System Items
We’ve expanded our feature for custom items based on existing system items.
Override Payslip End Dates in Bulk
You can now change payslip dates in bulk.
Issues and Other Matters Arising From New eFiling
Please take note of the following issues and other matters regarding SARS eFiling.
Customise System Items
SimplePay’s newest feature lets you create custom items that follow the same tax and payroll rules as system items.
August 2017 Employer Interim Reconciliation Filing Season
The August 2017 Employer Interim Reconciliation filing season is now open and will run until 31 October 2017. This is, in essence, where you will reconcile your EMP501s and IRP5s / IT3(a)s with payments made to SARS.
2017 Employer Annual Reconciliation Filing Season
SARS has announced that the 2017 Employer Annual Reconciliation filing season will run from 18 April 2017 to 31 May 2017. This is, in essence, where you will reconcile your EMP501s and IRP5s / IT3(a)s with payments made to SARS.
2016 Payroll Changes – Additional Medical Tax Credit
With the start of the new financial year looming ahead of us, lawmakers have been hard at work drafting legislative changes that will require Payroll administrators to keep their wits about them if they want to keep up.
Updates in SimplePay for the 2015/2016 Tax Year
We are pleased to announce that SimplePay clients are once again some of the first to be informed of the relevant changes for the new tax year. As from 01 March 2015, your payroll will automatically meet all the requirements for the 2015/2016 period, as announced in the 2015 Budget Speech on 25 February 2015.
Changes in SimplePay for the 2014/2015 tax year
We are pleased to announce that all SimplePay clients can now see what the changes are that have been made to SimplePay for the 2014/2015 financial year. As from 01 March 2014, your payroll will automatically meet all the legislative requirements, as announced by Pravin Gordhan, the Finance Minister in South Africa.
UIF Limit Increased
From 1 Oct. 20012, the annual limit for income subject to UIF contributions has increased from R149,736 to R178,464. That results in a new monthly limit of R14,872 and a weekly limit of R3,432.
Tax tables and other info loaded for the 2011/2012 tax year
We’re pleased to announce that our clients and their employees can now see how their payroll will change in the new tax year. Payslips that fall in the 2012 / 2013 tax year will automatically meet the new legal requirements, while your payslips for the current tax year will still be calculated according to the current tax year’s rules, as you’d expect.