7 January Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 January Value-Added Tax (VAT) manual submissions and payments 28 January End of Filing Season 2021 for Individuals (Provisional) and Trusts 28 January Excise Duty payments 31 January Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable
The list of the top 10 complaints made against SARS over the last eight years to the Office of the Tax Ombud (OTO), published in its recent newsletter, makes for interesting reading, and highlights the areas where taxpayers are most likely to encounter pitfalls in their dealings with SARS. The Top 10 complaints made […]
Managing any workforce, but particularly a large one across many units, sometimes in multiple countries, is far from easy. From your staffing levels and scheduling to making sure your labour costs are within budget and your forecasts are accurate, there are a number of elements involved in ensuring your workforce management is streamlined. There […]
An effective employee benefit strategy is more of an advantage to an employer than may at first meet the eye. Although providing benefits naturally comes at a price, it also comes with substantial benefits, plus you stand to regain a portion of your investment from SARS in tax deductions. Moreover, providing benefits that employees can’t […]
After cutting interest rates by 275 basis points to record lows in response to the economic crisis brought about by the COVID-19 lockdowns, the South African Reserve Bank (SARB) recently announced the first interest rate hike in three years. The vote was split 3-2, indicating conflicting sentiments within SARB as it looks to address inflation […]
Thank you for your support in 2021. Have a Wonderful Festive Season, and a Happy and Prosperous 2022. Enjoy the Break!
2 December – Extended filing season deadline for non-provisional individual taxpayers (originally 23 November 2021) 7 December – Monthly Pay-As-You-Earn (PAYE) submissions and payments 24 December – Value-Added Tax (VAT) manual submissions and payments 30 December – Excise Duty payments 31 December – Corporate Income Tax (CIT) Provisional Tax payments where applicable 31 December […]
The gradual transition from the conventional office environment to a remote, tech-savvy workforce has been topical in various industries for a while. However the pandemic has accelerated acceptance of the reality of remote working. The recent Digital Corporation in South Africa 2021 study, conducted by IT research organisation World Wide Worx with the support of […]
Christmas is a time for giving, and in our local business environment, as well as in many other markets around the world, it may even be unofficially expected of companies to give generously to their employees, to their clients and suppliers, and to the communities in which they operate. Many companies give generously in these […]
South African businesses, already facing significant risk of cyberattacks, have been warned to step up their cybersecurity as the festive season is expected to see significantly more and increasingly sophisticated cyberattacks. Below are listed some of the common types of cyberattacks. Common cyberattacks Phishing (random fraudulent emails), spear phishing (emails targeting specific people or […]
