Working from home seems to be the “New Normal” since the Coronavirus outbreak. If you worked from home for more than half of your total working hours or for more than 6 months during the tax year March 2020 to February 2021 you can claim back from SARS. These deductions are only allowed under certain […]
Home Office Tax Deductions and Expenditures Read More »
Changes to the ETI Act The changes to the ETI formula is valid as of 1 April 2020 and will end 31 July 2020.: The proposed amendments that impact on payrolls and employers are summarised below. The formula bands for employees aged 18 to 29 years who have qualified for less than 24 months have
Tax Relief Measures – Draft DMTR Bill Impacting ETI Read More »
Minister of Trade and Industry Ebrahim Patel on Wednesday announced that businesses can apply for required certification via the Companies and Intellectual Property Commission’s Bizportal website (bizportal.gov.za/) from 26 March 2020. It is an automatic electronic process and certification will be made available instantly. A physical certificate will also be issued on the same website. Please note
Application for Essential Services during the Lockdown Period Read More »
During the lockdown period, an employee may be requested by the employer to take annual leave from his/her annual leave credits. The BCEA allows employers to determine the time that employees can take their annual leave. Please note that 10 and 13 April 2020 are public holidays and should therefore not be deducted from the
Leave During Lockdown Read More »
The Compensation Fund Commissioner has published a notice relating to employees contracting the COVID-19 disease out of and in the course of his/her employment. The notice deals with COVID-19 contracted from single or multiple exposures to confirmed cases in the workplace or after an official trip to high-risk countries or areas. The notice address the
Compensation for Occupational History and Disease Read More »
COVID-19 virus and its impact The Commissioner of the Unemployment Insurance Fund has published on 23 March 2020 an “Easy Guide” explaining the processes developed to access UIF benefits in order to contribute to the containment of the spread of the COVID-19 virus and its impact. UIF benefits will become applicable where companies need to
UIF National disaster benefit guide Read More »
Media Statement and Explanatory Memorandum The much-anticipated draft tax relief measures designed to alleviate financial hardship resulting from the Covid-19 pandemic were release on Sundae afternoon 29 March by National Treasury and SARS. The measures were issued in the form of a : Media Statement from the Ministry of Finance Draft Explanatory Notes on the
Draft Tax Relief Measures Read More »
