Mid-Year Payroll Tax Update Webinar 2021

Join Payroll Expert Rob Cooper for a not to be missed Payroll event

Starting with the hard lockdowns of March 2020, then extending into 2021 with the Covid-19 third wave, and followed by the July 2021 riots and looting, the payroll world has experienced the most tumultuous period of high-pressure legislation changes in memory to accommodate these disasters.

Under extreme pressure, National Treasury and SARS will not only be rolling out the changes proposed by the February 2021 Budget but in addition will provide PAYE and ETI tax relief to employers, extend the UIF TERS benefit, and provide some support to employees who are now without jobs.

In a practical and down-to-earth presentation, the webinar will bring you up to date and help you with these changes as well as looking ahead as best we can in these uncertain times.

Topics that will be discussed:

• Home Office Expenses – Latest information
• Long Service Awards - Review of the fringe benefit
• Employment Tax Incentive – Important backdated changes to curb abuse
• Retirement Fund Contribution – Simplification of the Fringe Benefit calculation
• Mid-year tax certificates – 2021 Requirements and Proposed penalties for non-submission

Other Important Changes:

• PAYE deferral - To boost Employer cashflow
• Significant increase to the value of the Employment Tax Incentive – To preserve jobs
• UIF TERS Benefit – Extension to assist Impacted Employees
• UIF Reduced Work Time Benefit – How does it work?
• PAYE and Personal Income Tax Administration Reform – An update on this project

Join us to understand how these changes will affect your company: