Closing off the month of May and level 4 of lockdown in style, this blog will give a brief overview of what’s been covered this week in our blogs, before turning to what businesses can expect under level 3 in June.
Month: May 2020
Changes to the Employment Tax Incentive Act have been announced in the Second Revised Draft Disaster Management Bill.
This blog provides details on the opening of COVID-19 TERS applications, as well outlining the key differences between this month's and April's processes
In this blog we reiterate points that were shared in a UIF webinar relating to TERS applications for foreign employees.
New feature for UIF submissions: now both submissions and responses from the UIF can be downloaded for better record keeping.
Recap blog, summarising the recent content covered over the past fortnight.
A friendly reminder about the employer annual reconciliation deadline, as well as information for individual tax returns.
As a result of the latest repo rate change, the official interest rate for employer loans will change effective 1 June 2020.
Provides an update on the foreign workers eligibility for COVID-19 TERS, as well as announcements on the OID Comp Return of Earnings deadline and relief measures.
You can now download the files for UIF Declarations that were successfully submitted to the Department of Labour.
Update on the progress of the UIF's processing time of submissions, especially in relation to TERS, as well as measures we are taking to aid the process.
Summary of the latest guide from the UIF, aimed at providing guidance to employers, post submission. Also details for those intending to apply in May.
We have created a new system item to assist with the special tax treatment and reporting requirements for COVID-19 relief payments from various organisations, such as the South African Future Trust (SAFT).
Update on the electronic UIF submission turnaround time, provided through SimplePay.
An overview of SARS' employment tax validation process, as well as updates on the SDL payment holiday and the recent expansion to parental leave benefits.
A consolidating summary of blogs and events from this week.
In today’s blog we have an important update on how best to interpret employee TERS benefit entitlements and the effect of additional payments by employers to employees participating under the scheme. We shall also touch base on tracking of UIF applications, updates from SARS and cast our eyes forward with respect to ETI.
As part of the government's COVID-19 relief measures, the ETI claimable by employers has been increased for the pay period 1 April - 31 July 2020. These changes are now available on our system.
In this blog we update you on what has come to light from the release of the two amended disaster management bills this past weekend, as well as outlining what employers need to do if employees are returning to work under level 4 of lockdown.