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Overtime fraud rife and ready for a remedy
How to run a cost-effective payroll
Employees who are paid efficiently, accurately and on time are productive and profitable, which is why payroll administration is a high-return investment for every...
Further ruling issued by SARS in respect of...
The South African Revenue Service (SARS) issued binding private ruling 264 on 3 February 2017 (Ruling). In essence, the Ruling determines whether each share to be...
Staff outsourcing can save a business up to...
In a survey published in the New York Times, American workers admitted that only about 35% of their day was productive work time. The rest is lost to distractions -...
The millennial’s guide to retirement...
Millennial workers, those who entered adulthood in the early 21st century, are now at a stage where they need to be looking at their retirement seriously in order to...
Tax comments on the 2017 Budget Review
VAT on fuelNational Treasury has indicated an intention to expand the VAT base by removing the zero rating on fuel. To mitigate the effect, National Treasury is...
Budget 2017 commentary
Key points from the Budget SpeechThe Budget Speech was very light on matters affecting retirement fund investors, and did not reference retirement reforms at all.
Radical economic transformation: Did Budget...
COSATU issued a press release recently in relation to its “enormous expectations” for the 2017/18 budget. As regards the tax proposals, how does Budget 2017...
Brace yourselves - Income tax increase...
We encourage all employers, employees and payroll departments to prepare themselves for an income tax increase that was announced during Finance Minister Pravin...
Budget 2017/2018 – what will this do to my...
South Africans are becoming used to hearing bad news in terms of our pockets on the 2nd Wednesday afternoon in February. Sadly, we don’t expect anything...
High employee turnover – what it really...
Despite the increasing emphasis of organisations in implementing measures to retain top talent, very few companies actually consider the financial implications of...
The RA top up contribution: new rules, same...
The period between the calendar and tax year end is referred to as “RA season” by the savings industry in South Africa. It is during this time that taxpayers seek...
Does your business need an accounting...
If you’re like most business builders, you probably don’t love doing your bookkeeping and working on your tax dues.
2017 Reward trend expectations
The laws of supply and demand impact what we pay for everything. But when it comes to remuneration there are additional, subtle factors at play — things like cost...
How to give yourself a raise in 2017
January can be a long month for working South Africans. Many go into the new year burdened by financial baggage from the previous year, thanks to a stressful and...
Don’t risk employee anger over payroll...
It’s not uncommon for a payroll to be consistently managed so poorly that workers threaten to strike over incorrectly administered pay.
10 Financial new year’s resolutions you...
While the New Year may be filled with many empty resolutions, more than just trying to achieve a ‘New Year, New Me’ goal for 2017 South Africans should use this...
The risks of unqualified payroll staff
From the outside, payroll seems simple. Get the right software. Push a button at the right time.
Mining sector will need to keep pace with...
The mining sector in Southern Africa continues to reel from the collapse in commodity prices in mid-2014, which has caused many projects across the continent to...
Are your return policies costing you money?
I often wonder if company executives and managers realise how expensive it is in the long-term - in this age of the never-satisfied customer – when their customers...
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