2020

COVID-19 UIF Quick Reference Guide

    5 minute read    

In an effort to alleviate payroll strain and to make the various UIF codes and forms simpler for employers to understand, we have put together a summary of how these all work.

Support for Business – COVID-19 TERS

    5 minute read    

An overview of the COVID-19 TERS scheme, detailing the requirements, rewards and process involved for businesses.

New Feature: Managing End of Service in Bulk

    less than 1 minute read    

To ease the payroll burden on employers and payroll administrators during the COVID-19 pandemic, we have introduced a new Employee Actions section to our Bulk Actions page to allow users to manage an employees end of service in bulk.

Interest Rate Change for Employer Loans

    1 minute read    

The repo rate has decreased by 100 basis points, resulting in the official interest rate for employer loans changing to 6.25%.

2020 OID / Workman’s Comp Update

    1 minute read    

We have updated our system to reflect the Compensation Fund’s annual earnings threshold for the 2020/2021 Return of Earnings.

Updates in SimplePay for the 2020/2021 Tax Year

    3 minute read    

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.

National Minimum Wage Increase

    1 minute read    

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.