Sage Payroll Professional

The Finance Minister delivered the Budget Speech on 17 March 2021. Tax policy and tax administration reforms affecting payroll: The long overdue official launch of the Namibian Revenue Agency (NamRA) is diarized for 7 April 2021. It is proposed…

Following yesterday's 2021/2022 Budget Speech announcement, we have deciphered the Budget Speech transcript and other important announcements for you, so you don't have to. Click here to download a summary of all the changes that will affect your payroll…

Click here to download the 2021 Payroll Calendar

Click here to access the tax ruling from the Ghana Revenue Authority which applies to employees of members of the Association of Bankers and Ghana Revenue Authority. This ruling expires in December 2023. Summary Normally, a clothing allowance…

Finance Act, 2020 introduces the following changes to the Personal Income Tax Act (PITA) and the Capital Gains Tax Act (CGTA): 1. Definition of Gross Income Section 33(2) of PITA “gross income” means income from all sources less all non-taxable…

The Social Security National Insurance Trust (SSNIT) and the National Pension Authority (NPA) have issued a public notice to inform employers that the monthly salary cap for Tier 1 has been reviewed from GHC25 000 to GHC35 000. Click here to view the…

According to the Income Tax (Amendment) Act No 20 of 2020 , the following are the tax changes which affect the PAYE: Disability tax credit – Section 15(a) The new tax credit for differently abled persons is K6 000, K500 per month. Tax table…

As from 1 January 2021, the new NAPSA earnings ceiling is K23 188 per month. The maximum an employee or employer will contribute per month at 5% is K1 159.40 . The total maximum contribution by both the employee and employer for 2021 is K2 318.80. …

Click here to access Zimbabwe’s Finance (No. 2) Act of 2020, it contains tax changes which affect employment income. Summarised as follows: Tax deductions - pension The tax deduction for pension contributions and retirement annuity has increased…

Click here for the Tax Laws Amendment Act, No. 22 of 2020 which introduces some changes which affect the tax on employment income. Monthly Tax tables for 2021 tax year From (KShs) To (KShs) Rate 0,00 24 000,00…

In order for leave applications to be processed correctly which run into the new calendar year to excluded public holidays, it is important to update your payroll leave calendar with the applicable dates when using the Leave Module. Ensure to update…