Feb 26, 2015
South African employers must act fast to prepare their payroll systems and processes for the new tax brackets and calculations announced in Finance Minister Nhlanhla Nene’s maiden budget speech. That’s the word from Madelein van der Watt, development manager at Sage...
Feb 11, 2015
Later this month, new Finance Minister Nhlanhla Nene will present his first budget to parliament, and it promises to be one of the most fascinating budget presentations of recent years, writes Rob Cooper, tax expert at Sage VIP Payroll and HR. During his medium term...
Mar 31, 2014
The 2014 National Budget Address echoed a resounding endorsement of the National Development Plan (NDP), viewed by business as a blueprint for faster growth, job creation and poverty alleviation. What’s more, Minister Pravin Gordhan highlighted the private sector as a...
Mar 3, 2014
“The new tax year is imminent and companies should take special note to verify that their HR and Payroll systems incorporate the changes introduced by Finance Minister, Pravin Gordhan during his Budget Speech on Wednesday, 26 February 2014,” says Yolandi Esterhuizen,...
Feb 28, 2013
Finance Minister Pravin Gordhan delivered a safe, no-surprises budget with R7-billion personal tax relief, R2,5-billion less than in the previous tax year. Personal income tax brackets and rebates have been slightly adjusted to reduce the effect of inflation on tax...