GreatSoft News
Important Update: SARS PIT Modernisation Project and How It Affects employers, payroll bureau’s and payroll service providers
During a meeting in February 2020, SARS unveiled its plans for the “SARS Vision 2024 PIT” project. Various payroll bodies provided inputs to the SARS Vision 2024 PIT team during this meeting. These inputs highlighted crucial aspects of payroll processing and employment taxes. The goal of these documents was to give SARS a better understanding
Outgrown your current payroll solution? Start thinking of switching to a better one
Payroll Software As a business owner, you understand the importance of having an efficient payroll solution in place. A good payroll system, like GreatSoft Payroll, not only ensures that your employees are paid on time but also helps to keep your business compliant with tax laws. However, as your business grows, you may find that
Get your Payroll software now and only pay in March 2023
What you get with GreatSoft Payroll: Powerful Payroll module Fully customizable leave management with workflow options ESS+MSS (Employee self-service and Manager self service) Document storage (Personal docs, Company docs and well as IRP5/IT3 Tax certificates bulk upload) Free fair usage policy for support 3 Month Hand Holding Billing per active Payslip. Unlimited users and unlimited
‘Real-time’ reporting to SARS on trusts? Yes, maybe
Trusts are still largely unregulated, which frequently leads to their abuse. The Courts and SARS are, however, becoming impatient with trustees and trust service providers. In July 2021, SARS presented a webinar on Trust and Tax Obligations. SARS’s nine objectives were communicated and included the following: SARS will make non-compliance difficult and costly; They are
The dark waters of Phishing
What is phishing? At some point in time anyone that uses email, whether in a personal capacity or within their organisation, would have encountered a phishing email. The first recorded use of the word phishing according to Wikipedia, was in 1995. Gone are the days when these email attacks consisted of crudely put-together attempts to pedal
Unemployment Insurance Fund (UIF) What you should know!
UIF Introduction Every business owner in South Africa, whether you are a new start-up or small business, you have probably heard of all the governing bodies you need to register with such as SARS, COIDA, POPI & UIF. It is not just the company that needs to be registered with these statutory bodies, but also the
