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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…
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…
The South African Ministry of Finance published the revised draft Disaster Management Tax Relief Bill and draft Disaster Management Tax Administration Relief Bill on 1 May.
To view the Draft Bills, click on the link below:
https://www.sars.gov.za…
President Cyril Ramaphosa's addressed the nation on 21 April 2020 regarding Covid-19 economic and social relief measures.
See the link below for details:
https://www.gov.za/speeches/president-cyril-ramaphosa-additional-coronavirus-covid-19-economic…