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.
The functionality for the company car system item has been expanded to include a 100% taxable option.
A change in the repo rate results in a change in the fringe benefit interest rate for low or interest free employer loans to employees.
As from 1 August 2018, the criteria for employees who qualify for ETI have been amended for those working in Special Economic Zones (SEZs).
Feature Highlight: The ’Copy first value down’ feature makes capturing repetitive data for employees much faster. Here’s how to use it.
Introducing a new optional security feature, called 2-factor authentication, which requires users to enter a verification code as an additional step when logging into SimplePay or when changing their password.
Our new feature allows you to prevent self-service leave requests or notify employees if their request will result in the minimum leave balance not being maintained.
To make it easier for you to keep track of versions of your documents, we have added a stamp to the draft version of payslips, EMP201s and UIF declarations.
