TERS Extension: 16 March to 25 July 2021
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.
2021
TERS Refund Details and Possible Extension
In store today we have the first TERS post since our coverage of the two extended periods. If you made a refund for a period we’ll explain the reporting requirements for you to remain compliant, in addition to signposting a further extension to TERS due to adjusted alert level 4.
Resubmission of EMP501 and Tax Certificates which reflect Solidarity Fund donations, by 9 July 2021
As part of our continued effort to always keep you compliant and signal potential issues which may affect your business, we noted a recent issue which warrants this blog post.
How working from home may have cut your tax bill
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!
Unemployment Insurance Fund Contribution Ceiling Increase – 1 June 2021
The UIF contribution ceiling has been increased from R14 872 to R17 712, effective from 1 June 2021.
New Feature: Approver Override
Our new approver override feature allows full admins to approve requests when approvers are on leave.
EMP501 Reconciliation to Reflect 2020 SDL Holiday
SARS has reminded employers that the EMP501 Reconciliation and Tax Certificates must reflect 0% SDL payable for May to August 2020 in terms of the 2020 SDL Payment Holiday.
Submission Channel Consistency Requested for 2021 Employers Filing Season
Employers are to use only one submission channel per filing season for submissions, receiving error reports and re-submission of corrected documents.
TERS Phase 2: Non-Sectoral Claim Applications
In this post, we discuss the requirements for non-sectoral TERS claims which can be made from 13 April 2021.
TERS Update: Appeals Process and Manual Bank Verification
Our latest blog post covers the TERS appeals process for the two extended periods and manual bank verification for the process.