New payroll legislation
From 1 July 2013, the earnings threshold in the Basic Conditions of Employment Act (BCEA), has increased to R193 805 per annum or R16 150 per month. Therefore, employee’s earning above this threshold do not qualify for the various protections related to working time contained in the BCEA – including limits on ordinary working hours and overtime hours, meal intervals, payment for overtime worked and payment for work on Sundays, etc.
Our payroll systems provide accurate payslips and reports required for the monthly and annual statutory returns and are based on up to date legislation for your peace of mind! It is frightening just how real the risk is now of committing a tax offence and how aggressive SARS have become in penalising taxpayers! Can you afford to not have your affairs managed by a registered tax practitioner?
Contact us on 021 6 834 834.
All material subject to our Legal Disclaimers.