• Important :X3 HR & Payroll- Tax Year End Guide

    Good Day X3 HR Users Please find below the link for the Year end process document. This document servers as a guide to ensure that the correct process is done and the correct setup is followed as You roll over to the new financial Year /cfs-file/__key…
  • Important: RSA Low or Interest free Loan/Debt Fringe Benefit - Effective June 2020

    Dear X3 HR and Payroll User, The repurchase rate (repo rate) has decreased from 4.25% to 3.75% on 22 May 2020. As from June 2020 , the ‘low or interest free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’. …
  • Important: Changes for further proposed Tax Relief Measures South Africa

    Dear X3 HR and Payroll User, Please take note of the attached Compliance Document explaining all the Covid-19 relief measures affecting payroll in South Africa. The Product Delivery team will release the following statutory updates for version 9 and…
  • Important: Kenya COVID-19 Tax Relief Measures - Secondary Rates

    Dear X3 HR and Payroll User, Following the change in the Kenya tax table (please see the email below), the tax rate for the secondary employees should also be updated to 25% (previously 30%). The legislation does not state that "secondary employment…
  • Important: Botswana Covid-19 Wage Subsidy

    Dear X3 HR and Payroll User, The Minister of Finance has announced a Wage Subsidy Claim Form for certain businesses registered for tax (irrespective whether they ow tax) effective April 2020 until June 2020. Please refer to the attached guidelines…