Official Interest Rate Change for Employer Loans - May 2025
The repo rate has been reduced by 25 basis points. This will affect the interest rate applicable to our Employer Loan item on payslips from 1 June 2025.
Recent Posts
Return of Earnings Annual Limit Increase
The OID earnings threshold has increased for 2024/2025 and 2025/2026, effective from 1 March 2025. Read more in our blog.
Employer Annual Filing Season 2025
The filing season for this year’s SARS Employer Annual Reconciliations, or Declarations, is running from 1 April to 31 May 2025.
Important Industry Updates
There have been a few recent regulatory updates to be aware of. Read more in our blog.
Spreading the Tax on a Bonus Over the Year
This is a new feature that allows the tax on a future-dated bonus to be spread over the payslips leading up to the bonus, or over the remainder of the tax year. Read more in our blog.