Changes to “Monthly Remuneration” for ETI
Changes have been introduced to “monthly remuneration” for ETI, which will affect the amount of ETI calculated for qualifying employees from 1 March 2022.
Posts with Tag "employment tax incentive"
Important Changes to our ETI Functionality and User Interface
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.
Additional Employment Tax Incentive (ETI) 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.
ETI Changes to Remuneration Brackets
The brackets for employee earnings that ETI can be claimed on have been updated to account for inflation.
Employment Tax Incentive Functionality
We’re proud to announce we’ve now incorporated support for ETI (Employment Tax Incentive, a.k.a. Youth Wage Subsidy) in the system. You can (and should) read more about it in the Employment Tax Incentive section of our online help.