The updated ETI Validation tool for Release 5.7a is available on Sage Business Cloud Payroll Professional.
The following message currently displays when logging in.
View the 'What's New' link under Quick Links for all the details.
FAQ's…
The updated ETI Validation tool for Release 5.7a is available on Sage Business Cloud Payroll Professional.
The following message currently displays when logging in.
View the 'What's New' link under Quick Links for all the details.
FAQ's…
The President of South Africa announced some tax relief measures during his speech on Sunday 25 July 2021, which includes Employment Tax Incentives (ETI) changes.
In the President’s address to the Nation on 25 July 2021, he announced measures to support…
The Minster of Employment and Labour has extended the TERS benefit from 16 March 2021 to 25 July 2021. Click to read more TERS Benefit Extended
Our Product Delivery Team have reviewed the TERS Extension Employer Letter dated 18 July 2021, and an updated…
The Minster of Employment and Labour has extended the TERS benefit from 16 March 2021 to 25 July 2021. Please click here to view the new Direction.
Currently no new CVS template has been made available by the Fund for this application period and it is…
Update (7 July 2021)
A patch has been deployed on this system to fix this issue. You can refer to the What's New document for more information
Original Post (9 June 2021)
We are aware of the following known issue on the ETI Validation tool on Release…
The Minster of Employment and Labour has published a new Direction. Please click here to view the new Direction.
The changes contained in the new Direction are indicated in this original post in red:
The Minister of Employment and Labour has withdrawn the Covid-19 TERS (Temporary Employee/Employer Relief Scheme) effective 15 October 2020.
Qualifying employers can claim TERS for qualifying employees until 15 October 2020, after this, TERS will no longer…
The Disaster Management Tax Relief Act and the Disaster Management Tax Relief Administration Act were published on 5 November 2020.
Click here for an updated document to reference the Acts and to include the extension of the PAYE deferral.
Although most…
According to Government Gazette 43693, the TERS benefit shall remain in operation for as long as the declaration of Covid-19, in terms of the National Disaster Management Act, as a national disaster subsist or until withdrawn by the Minister, whichever…
No further…
The Minister of Employment and Labour published a new TERS Direction.
This Direction is effective 16 August 2020 and shall remain in operation for as long as the declaration of the Covid-19, in terms of the National Disaster Management Act, as a national…
SARS published a notice on their website on August 2020 informing employers that the Covid-19 PAYE deferral is extended to include August 2020.
The amended Disaster Management Tax Relief Administration Bill containing this amendment has not yet been published…
If the update to Release 5.4c was not installed in May 2020, but installed in June or later, year to date corrections must be made to remove the SDL values for May (or any other month within the 4 month SDL payment holiday period).
Follow the steps below…
The South African Minister of Employment and Labour published a new TERS Direction.
This Direction is effective 27 June 2020 and extends the TERS benefits until 15 August 2020 with new rules.
Below is a summary of the changes/new information.
Categories…
31 August 2020 marks the end of the SDL payment holiday, which was implemented as a Covid-19 tax relief measure.
The following actions are required: -
Once your payrolls are in month of September 2020, update the SDL from 0% to 1% on the Basic Company…
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On 14 May 2020, the Rwanda Revenue Service made a public announcement to all private schools and taxpayers operating in tourism and hotel sector, registered on Pay As You Earn(PAYE).
The PAYE tax for employees earning up to FRW150 000 net salary* is…
There has been a few questions and enquiries about dealing with
The PAGSA has asked SARS for confirmation about ‘Covid-19 disaster relief organisations’ payments due to number 28-30 on their FAQ page.
These payments are made from the ‘SMME…
On 23 April 2020, SARS released the original PAYE BRS (V19.3) which confirmed the IRP5 code to be used for TERS payments (i.e. IRP5 code 3724).
On 25 April 2020, SARS published FAQ’s for employers to explain the tax relief measures. This page has…
The Minister of Employment and Labour has issued a new amended TERS Directive.
Previous posts related to the TERS Directive:
Due to the COVID-19 pandemic, declared as a national disaster, various relief measures were announced and published.
Sage release a guide on https://www.sage.com/en-za/coronavirus available to customers to discuss and explain the relief measures and how…
The following message has been updated on the landing page of Sage Business Cloud Payroll Professional: Updated (27/05/2020)
National Treasury and SARS published a second draft Disaster Management Tax Relief Bill on 19 May 2020. This revised draft Bill…