Payroll

Payroll compliance in South Africa isn’t complicated because the rules are “hard”. It’s complicated because payroll touches two worlds at the same time: SARS (tax and employer declarations) and the Department of Employment and Labour (payslips, records, employment particulars). Miss one small step and it can snowball into penalties, admin…

Payroll penalties usually don’t start with something dramatic. It’s normally small stuff: payroll ran a day late, the EMP201 wasn’t submitted on time, UIF/SDL was miscalculated, or the year-end reconciliation was rushed and incomplete. Then SARS adds a penalty, interest starts ticking, and suddenly payroll becomes a monthly anxiety. If…

Payroll is one of those things most businesses only notice when something goes wrong. A salary is late. Someone’s UIF is incorrect. SARS asks questions. An employee loses trust. And suddenly what felt like “just admin” becomes a real business risk. That’s why payroll is important. It’s not only about…

If you’re running a business in South Africa, payroll is one of those “non-negotiable” admin tasks. Your team needs to be paid accurately and on time, and SARS expects its cut — every month, without fail. That’s why many business owners ask:“How much do payroll services actually cost?” The short…

Workmen’s Compensation is a government-mandated program that provides financial support and benefits to employees who become injured or ill due to their work. If a worker is injured, contracts a disease, or dies while working, they or their dependents can claim from the Compensation Fund. Speak to an Accounting Specialist…

Fringe benefits are employment benefits that have a monetary value but do not affect basic wage rates. SARS defines a fringe benefit in the seventh schedule as having four elements i.e.  Below we look at the different categories of fringe benefits: 

What is Unemployment Insurance Fund (UIF)?  The Unemployment Insurance Fund (UIF) provides short term relief to workers when they become unemployed or are unable to work because of illness, maternity or adoption leave and to provide relief to the dependants of a deceased contributor.  Who is it for?  All employees, as…