When you launch your system the first time as from 10 March 2021, you will be prompted to update all your payroll companies to Release 5.6a.

Take note of the important notice on the subscription landing page:

When you launch your subscription, you will receive either an Suggested Update or Mandatory Update message.

• Suggested Update: You will have the option to Update Now (which will convert the data to the new version and apply the new changes, should be done in new pay period) or Update Later (continue with Release 5.5b, for example you have not rolled into a new pay period). The update must be installed in March 2021, and all users are urged to access and update as soon as possible. 
• Mandatory Update: This message will only display if you did not update in the recommended timeframe and will require you to Update Now or Cancel. If you Select Update Now, but do not select to convert the company data when launching the application, the companies will not reflect on your Company Listing screen. At this point, you will have no other option, but to update the system. I

The process will convert all payroll data to the new version. Once completed, the new version number will reflect at the top of the Company Listing screen.

Included in this software update:

• RSA: Tax Related Changes Affecting the System
  • Tax Table Changes 2021/2022
  • Subsistence Allowances and Advances
  • Table for Calculation of Rate per km/Travel Allowance
  • Low or Interest-Free Loans/Debts
  • Cumulative Exemption for Retirement Fund Benefits and Severance Benefits
  • Value of ‘B’ in the Residential Accommodation Fringe Benefit Calculation
  • PAYE Withholding on Annuities/Pension
  • Reimbursements/Advances for Business Travel on Day Trips
  • Exempt Bursaries/Scholarships
• Ghana
  • Ghana: SSNIT Maximum Insurable Earnings
•  Lesotho
  • Final Deduction System (FDS)
•  Nigeria: Tax Changes (changes to be deployed on 18 March 2021 - previously scheduled for 16 March) 
  • Statutory Changes
• • Definition of Gross Income
  • Exemption of Minimum Wage Earners
  • Pension Contributions
  • Life Assurance Deduction
  • Tax Exemption for Compensation for Loss of Employment
  • System Changes
  • Definition Screens
  • Total Income (TI)
  • Gross Income (GI)
  • Tax Calculation Screen Changes
•  Tanzania: Tax Change for Temporary Directors
•  Other Tax Countries: Amended Statutory Reports
•  Requests / New Features / Modifications Implemented / Items Resolved / Known Issues

For more details on this update, refer to the What's New link under the Quick Links section of the Landing Page.

Detailed information is available on the Help file (Launch application > Help > How To) or Release Notes (Launch application > Help > Release Notes)

What do I need to do after the update?

• All Users should Review the Release Notes to familiarise yourself with the changes and new features
• Review the new tax features and apply accordingly in your payroll companies