5 Reasons You Need Cloud Payroll
This blog takes a closer look at some of the benefits that come with using Cloud Payroll.
This blog takes a closer look at some of the benefits that come with using Cloud Payroll.
It’s approaching that time of the year again! We’d like to use this blog post to remind you that the employer Interim Reconciliation submission period, which is one of the Bi-Annual Filing periods for the 2022 tax year, will run between 13 September and 31 October 2021.
In March 2021, we introduced beneficiaries to the system (refer to our blog post dated 9 March). We’ve now expanded this feature to allow you to pay beneficiaries in bulk.
At SimplePay we love going the extra mile for our customers and their employees. Normally this involves making your payroll obligations a breeze, but sometimes there are aspects of income tax law that we like to highlight as they can benefit both you and your employees!
In this post, we discuss the requirements for non-sectoral TERS claims which can be made from 13 April 2021.
Your Return of Earnings is due to the Compensation Fund by 31 May 2021.
Our latest blog post covers the changes to payroll announced in the 2021 budget speech.
We’ve overhauled the page for bulk finalising payslips to make it easier to toggle additional payslip information.
We’ve added a new pay frequency for paying employees every four weeks.
Today’s blog post provides our SMME clients the opportunity to provide direct feedback to SARS on tax issues and pain points.
The blog today summarises some of the key COVID-19 rule changes that affect businesses, as announced in the President’s 14 December speech.
We’re looking back at the year 2020 and making an important announcement about our annual price adjustment.
We’ve released version 2.0 of our app with more functionality.
We’ve made changes to our user interface on profile pages.
We’ve renamed ‘Tax’ on the system to ‘Tax (PAYE)’.
We’ve changed the label for Compassionate Leave to align with the Basic Conditions of Employment Act.
Latest blog exploring the new opportunities for businesses, provided by Productivity SA.
We’ve revamped our employee filters to make it more convenient to find and select employees.
We’re introducing a new 3-step process for company transfers.
The repo rate has been decreased to 3.5%, impacting employer loan benefits from 1 August 2020.
Here’s a recap of the new features and important information released this past month.
Our new ETI breakdown and ETI trace provides more information on how ETI is calculated.
The revised Disaster Management Tax Relief bills have given rise to ETI changes.
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.
As part of our commitment to supporting you during these uncertain times by simplifying payroll, we have introduced a new system item: TERS Payout. To recap, TERS is a COVID-19 relief measure introduced by government which provides employers with cashflow to continue to pay employees. You can find a more in-depth recap on TERS here.
You can now download pre-populated UI-2.7 forms for employees terminated with codes 9, 10, 17, 18 or 19.
The repo rate has decreased by 100 basis points, resulting in the official interest rate for employer loans changing to 6.25%.
We have updated our system to reflect the Compensation Fund’s annual earnings threshold for the 2020/2021 Return of Earnings.
With SimplePay you’re always compliant! We have updated our system with the tax changes announced in the budget speech on 26 February 2020. You can continue processing as usual and no special year-end procedures are required.
The national minimum wage rates, as specified in the National Minimum Wage Act, will increase by 3.8% from R20 per hour to R20,76 for employees. This minimum wage increase will be effective from 1 March 2020.
South Africa’s new parental, adoption and commission parent leave is effective.
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.25%.
As 2019 (and the decade) draws to a close, we’d like to thank you for choosing SimplePay as your payroll software provider. We really value the loyalty, ideas, feedback and love that we get from you, our clients.
We have upgraded our integration with QuickBooks.
We’ve expanded our feature for custom items based on existing system items.
SimplePay is delighted and proud to announce that we have been chosen by Xero as a finalist for the App Partner of the Year: South Africa.
You can now specify that leave days carried over from the previous leave cycle expires if not used within a specified time frame.
We have been working on expanding our self-service functionality recently and are pleased to announce that we have added two new features.
You can pre-register for access to the new online platform for the Compensation Fund.
The Compensation Fund has begun the process of modernising and consolidating their systems. As a result, the CF-Filing system has been offline as of 28 August.
Use e@syFile to obtain employee income tax numbers when completing bi-annual filing.
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.5%.
You can now change payslip dates in bulk.
Please take note of the following issues and other matters regarding SARS eFiling.
Small changes can make a big difference, so we have added a new leave report and made some tweaks to entitlement policies.
You can now inform your employees that they file their tax returns via eFiling and the MobiApp
The 2019 Employer Annual Reconciliation filing season will soon be open. You have until 31 May to submit your EMP501s to SARS.
SimplePay’s newest feature lets you create custom items that follow the same tax and payroll rules as system items.
The brackets for employee earnings that ETI can be claimed on have been updated to account for inflation.
Add your own fields to an employee’s Basic Info screen with our newest feature.
From 13th to 15th February, the Directorate Employer Services of the Compensation Fund will be assisting payroll suppliers, employers and tax practitioners in Cape Town and its surrounding areas with the following matters:
The Minister of Labour announced in Government Gazette No. 42092 that there would be an increase in the OID earnings threshold under Section 83 (8) of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act no. 130 of 1993).
The new national minimum wage is set at R20 per hour effective from 1 January 2019.
Feature Highlight: The ’Copy first value down’ feature makes capturing repetitive data for employees much faster. Here’s how to use it.
We have officially launched our new user interface design!