Good day everyone
The following statutory amendments have been made to the SA pay plan for the 2022-2023 tax year:
- Tax tables
- Tax rebates
- Medical aid tax credits
- PSP Company rates
- Long service awards
- BCEA earnings threshold
All changes above are effective 1 March 2022.
Please note that we are aware of the changes affecting the Employment Tax Incentives scheme and the pay plan update is in progress. We will send the patches and documentation for these changes shortly.
Attached is the following:
Version 9:
- Pay Plan Patches - W_HR025_ZAFU9.zip & PDP025_ZAFU9.zip
- V9_SAGEX3HRP_Tax Changes_TY2022_2023.pdf: Detailed documentation
Version 12:
- Pay Plan Patch - W_ZAF016_2022.R2.zip
- V12_SAGEX3HRP_Tax Changes_TY2022_2023.pdf: Detailed documentation
Please ensure that you read through the documentation before applying the pay plan patches.
The patches must be integrated to both the reference and daughter folders.