Repurpose and retrain your workforce after the pandemic
The global pandemic has brought increasingly difficult financial decisions into focus for many organisations. By Rob Bothma, strategic business solutions engineer at Oracle Realigning, stretching and strategically redeploying human resources has become increasingly...
Covid-19 relief may complicate provisional tax
The first period for provisional tax ends on 31 August. Provisional taxpayers must therefore have submitted their initial IRP6 return and settled any payments due by that date. "In addition, Covid-19 relief allowances make the calculation of estimated tax all the more...
A step closer to retirement reform in SA
The draft Taxation Laws Amendment Bill (TLAB) was published on 31 July 2020. By Jerry Botha, managing partner, and Jean Du Toit, head of tax technical at Tax Consulting South Africa As announced in the Budget Speech, any South African leaving in future will be subject...
Named and shamed by SARS: a possible deterrent?
The South African Revenue Service (SARS) has undertaken to make the filing of annual tax returns for the 2020 filing season as seamless as possible for individuals who diligently fulfil their tax obligations. By André Daniels, tax attorney at Tax Consulting SA At the...
Think twice before accepting SARS’ auto-assessment
SARS’ announcement that it has started auto-assessing certain taxpayers may lead some people to believe they no longer need to worry about their tax submissions. This is not the case, according to Thamsanqa Msiza, head of individual tax returns at Tax Consulting South...
New tax bills impose stricter retirement fund rules
The draft Taxation Laws Amendment Bill (TLAB) was published on 31 July 2020 and with it comes an overhaul of the regime for taking your retirement funds abroad. By Jean du Toit, head of tax technical at Tax Consulting SA In terms of the proposed amendments,...
Integrating technology for the new normal
The theme for organisations over the past several months has been one of survival. Whether you are running a start-up in Lagos or a multi-national enterprise headquartered in Johannesburg looking to expand into Africa, it has simply not been business as usual....
Effective workforce management in the new normal
Businesses across all industries and sectors are under pressure to operate within the 'new normal', unprecedented conditions that calls for tighter control of resources and acute focus on workforce management. Guenter Nerlich, sales manager: WFM/ERP solutions EAD,...
Setting up for the new normal
It's a time when the world is busy defining a new normal. A new way of working, living and engaging that's shifting the boundaries of work and the limitations of business. While the term 'new normal' may be annoying, the reality is not. Armed with masks, sanitiser and...
Payroll and HR compliance across borders
'Africa is not for sissies,' is a phrase often used by businesses who are operating in various regions on the continent. Africa is made up of many different countries, each with their own culture, as well as rules and regulations that present both challenges and...
Tips to get you hired quickly
Getting a job after Covid-19 is possible. This is according to Fred Razak, chief trading strategist at CM Trading, who shares a few tips improving your chances of finding a job following lockdown. "Lockdown has had severe effects on global economies and South Africa...
You may owe SARS money next year if you receive a travel allowance
Most employees have travelled less for business this year than they would in the pre-Covid world. By Yolandi Esterhuizen, registered tax practitioner and compliance manager at Sage Africa & Middle East In cases where they travelled less and still received a travel...