The repo rate has been decreased to 3.5%, impacting employer loan benefits from 1 August 2020.
Posts with Tag "ZA"
We’ve expanded our EMP201 webview to include breakdowns and variances for PAYE, SDL, UIF and ETI.
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.
Employers can no longer apply to TERS via email. A new online application method is now available.
This blog outlines the support for businesses in the Tourism and Industrial Sectors. Find out more.
In an effort to alleviate payroll strain and to make the various UIF codes and forms simpler for employers to understand, we have put together a summary of how these all work.
Brief overview on schemes that could provide support to businesses in general, as well as for SMMEs
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.
On Monday 23 March, President Ramphosa announced a 21 day lockdown from 23:59 on Thursday 26 March. Read more in this blog post.
The repo rate has decreased by 100 basis points, resulting in the official interest rate for employer loans changing to 6.25%.
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.
You can now specify that leave days carried over from the previous leave cycle expires if not used within a specified time frame.
We have been working on expanding our self-service functionality recently and are pleased to announce that we have added two new features.
The Compensation Fund has begun the process of modernising and consolidating their systems. As a result, the CF-Filing system has been offline as of 28 August.
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.
The brackets for employee earnings that ETI can be claimed on have been updated to account for inflation.
Add your own fields to an employee’s Basic Info screen with our newest feature.
The deadline for the OID / Workman’s Comp submission has been extended to 31 May 2017. In addition, the maximum amount of earnings per employee subject to assessment will increase to R403 500 from 1 April 2017.