Good day X3 HR User
The National Treasury and SARS published the second batch of the 2021 Draft Taxation Laws Amendment Bill (TLAB) and 2021 Draft Tax Administration Laws Amendment Bill (TALAB) which contains the emergency tax measures taking effect on 1 August 2021.
These relief measures include the expansion of the employment tax incentive (ETI). Although not promulgated yet, these Bills provide the necessary legislative amendments required to implement the Covid-19 tax relief measures.
It is proposed that the expansion of the ETI be reinstated for another limited four-month period, following the design implemented in 2020.
Attached is the following:
Version 9:
- V9_SageX3HRP_COVID19_ETI Update_August 2021.zip (Pay plan patch)
- V9 - Sage X3 HR and Payroll - ETI (Tax) Relief Measures - August 2021.pdf (Document explaining changes made)
Version 12:
- V12_SageX3HRP_COVID19_ETI Update_August 2021.zip (Pay plan patch)
- V12 - Sage X3 HR and Payroll - ETI (Tax) Relief Measures - August 2021.pdf (Document explaining changes made)
IMPORTANT to note:
- The changes provided in this patch are only applicable to the months of August 2021 to November 2021.
- If ETI is calculated/recalculated for any other month AFTER applying this patch, the value/s will be incorrect.
- Employers who are not registered for employees’ tax with SARS on or before 25 June 2021 may claim ETI, but not the additional ETI as included in this patch.
- Customers who do not claim ETI, do not have to integrate this patch.
- A patch will be provided for December 2021 (or when the ETI relief should no longer apply) to revert the ETI to the normal values.
