Kruger Rand Long service award

SUGGESTED

Good day 

My client gave his employees Kruger Rand for long service 25 years, if the value is R24238 and first 5000 tax free do i just insert the balance in the perk screen?

The client also wants to cover the tax, the employee nett amount must not decrease.

Parents
  • 0
    SUGGESTED

    Hi CC2020

    That is an good question, but this discussion falls out of the Sage Customer Support guidelines. There are many factors that could play a role in this situation and while other Sage City members may still offer input, I would like to invite you to work with your business partner; tax practitioner for assistance with all tax related questions.

    Once you have received advice you can always contact the support team for guidance on how to apply this in your Sage solution.

Reply
  • 0
    SUGGESTED

    Hi CC2020

    That is an good question, but this discussion falls out of the Sage Customer Support guidelines. There are many factors that could play a role in this situation and while other Sage City members may still offer input, I would like to invite you to work with your business partner; tax practitioner for assistance with all tax related questions.

    Once you have received advice you can always contact the support team for guidance on how to apply this in your Sage solution.

Children
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