Introducing Business Blocks

I have known Teryl Schroenn for a fairly long time and our paths cross on a regular basis. We have worked in the payroll space for a long time, but more than that, we are both women in business. We decided that we could put our experience, knowledge, thoughts and ideas to good use by

Covid-19

SARS have issued a media statement regarding announcements made by President Ramaphosa. The announcements involved only paying 80% of your PAYE bill, and deferring the 20% balance for a period of 4 months. The total deferred payment must then be paid to SARS over a period of 6 months from 1 Aug 2020 (payment due

National Minimum Wage

The national minimum wage will be increased effective 1st March 2020, it’s first increase since it was introduced in 2019. The increases equate to an approximate 3.8% across the categories, almost keeping abreast of inflation. The unions are not happy with the increase stating that when the figures ere finally legislated in 2019, they were

Expat Tax (again)

The date for the dreaded “Expat Tax” draws ever near. Still a lot of confusion over who this will apply to, and in all honesty, a lot of this confusion is caused by companies who make money over the panic. Individuals who have lived overseas for years are concerned that SARS is suddenly going to

Paternity Leave

South African legislation took a leap forward in November 2018 when the new Labour Laws Amendment Bill was signed into law. A commencement date was announced in 2019 as effective 1 January 2020. The legislation introduces paternal leave for a parent, other than the biological mother. This parental leave will entitle the other parent to

Expat Tax

There has been a lot of media coverage and scare-mongering over the new expat legislation which will come into effect in 2020. The reality is that South Africa has a residence-based tax system. This means that you will only be affected if you are a resident or deemed to be a resident in South Africa.

Budget

The 2019/2020 budget was definitely an election budget, in that it was trying to keep everyone happy. In terms of payroll, the tax tables didn’t change but contrary to popular belief this does not mean that it does not affect everyone. Historically, the tax tables have been updated to at least keep in line with

Emoluments

South Africa is generally not in a good place right now, and this is not in any way aided by the extremely high unemployment rate. People desperately trying to survive day to day, not being paid particularly well, as happens in an environment where there are in excess of 500 people applying to each position.

New site

Welcome to ESP Payroll’s new website. We are delighted to announce the launch of our revamped website and hope you find it informative and easy to navigate. With our new blog facility you can keep up to date with all training courses and workshops. All comments are welcome!