A cornerstone of the culture at SimplePay, which has greatly contributed to our development to date, is our commitment to continuous improvement. This culture is what drives us to continually review and critique both our processes and our system to see where we can be even better.
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.
This blog is a follow up to our previous blog post dated 30 July 2021, regarding the Expanded ETI scheme being introduced by the National Treasury and SARS for the period of 1 August 2021 to 30 November 2021.
SimplePay automatically calculates and applies a pro-rate percentage to the Basic Salary of employees if they do not work for a full pay period i.e. the are appointed after the start of a pay period or terminated before the end of a pay period. We’ve received several requests to allow for the pro-rata percentage to be applied to other items, and are delighted to announce that this functionality is now available for certain custom items.
Today’s post covers the opening of TERS applications for new claim codes, as well as some information about the recently announced benefit program for workers affected by the recent civil unrest in Gauteng and KwaZulu-Natal.
SARS recently notified us that testing of the latest updated e@syFile software would commence today in preparation for its release to the public in September 2021.
Today we follow on from our previous blog post, in which we discussed the latest iteration of the UIF’s Temporary Employee Relief Scheme (TERS) initiative for the most recent lockdown periods between 16 March and 25 July 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.
Recently businesses in South Africa have experienced numerous hardships and challenges to profitability and for some, their continued existence. As a beacon of hope and in an effort to give support and relief to those affected, National Treasury and SARS recently announced an intended R5 billion tax relief package. To relieve the economic strain being applied to businesses in South Africa currently, it was to be rolled out as soon as possible.
As promised in our last blog post, the aim of today’s post is to give an overview of the new COVID-19 TERS Direction and the process to apply for and receive TERS benefits.
