This article is written in conjunction with the Occupational Health and Safety Act, 1993. The information is provided by the Department of Labour. Introduction The Occupational Health and Safety Act, 1993, requires the employer to bring about and maintain, as far as reasonably practicable, a work environment that is safe and without risk to the […]
Is your office Health and Safety compliant? Read More »
If you employ anyone, whether as a business or as an individual, you will understand how strongly employee rights are enforced in South Africa, and how essential it is to comply with all applicable legislation. A dangerous myth in this regard is the idea that somehow there is a class of employees, usually referred to
Employers: Beware the “Casual Worker” Myth! Read More »
PAYE tax is one of the most frequently confused tax contributions both among employers and employees. It can cause anxiety, but it effectively only means that tax is being paid on behalf of the employee as it is earned, rather than at the end of the tax year, hence “Pay As You Earn”. Despite the
A Basic Guide to PAYE and Four Common Mistakes Read More »
The clock is ticking, and by 1 July 2021 you need to be fully compliant with POPIA (the Protection of Personal Information Act). Don’t fall into the trap of thinking “I can ignore this for now, I have until the end of June to do something about it”. Your business will benefit if you take
POPIA and Your Business: A Practical 5-Step Action Plan to Implement Now Read More »
The Minister of Finance announced the following exceptional tax measures on 29 March 2020. These have been summarised below by Somaya Khaki (Project Director: SAICA Tax). Please also consult the Explanatory Memorandum and Media statement (links provided at the end of the mailer below) which includes background, detailed requirements and examples. The draft bills alongside
COVID-19 Tax Relief Measures Read More »
COVID-19 TEMPORARY EMPLOYEE/EMPLOYER RELIEF SCHEME (TERS) The scheme is aimed at assisting employers to pay salaries to their employees. Employers who are closed of partially closed can claim from the TERS. It is a scheme where employers claim on behalf of their employees who have lost income due to COVID-19, no forms are completed by
Lockdown Guide For Employers Read More »
“Why do approximately 70% – 80% of small businesses fail within five years? Why are certain entrepreneurs more successful than others?” (Extract from UWC article below) Recent research by the University of the Western Cape on the rate of failure of small businesses makes for interesting reading and provides insights that we all really need
Small Businesses: How to Survive and Thrive Read More »
Here’s some good news in the form of a way to save tax (a lot of tax), make a good investment, and directly boost both our economy and our SMEs – all in one go. That’s where the VCC (Venture Capital Company) Allowance comes in. We’ll have a look at the substantial savings you (or
Take Advantage of the Venture Capital Company Allowance While You Can Read More »
Financial scams have always been around but their scale in today’s world is truly amazing – estimates of annual losses in the USA alone reach $120 billion. The good news is that there are positive steps you can take to protect yourself, and perhaps the first and most important of these is getting to grips
How To Detect and Dodge Financial Scams Read More »
You decide to hire a new employee, but neither of you is entirely sure that the “fit” will be right. Will the job suit the new hire and vice versa? The good news is that our law allows you to employ someone new on a probationary basis precisely so that you can determine suitability, but
Employees on Probation: Can You Dismiss for Poor Performance? Read More »
