Reference Acts and DocumentsSection 6B(1) of the Income Tax Act 58 of 1962 In this article we look at a recent document published in May 2021 by SARS for public […]
Labour Relations
The Compensation Fund and Rand Mutual Assurance Fund
Reference Acts and Websites Compensation for Occupational Injuries and Diseases Act (1993)Compensation for Occupational Injuries and Diseases Amendment Act (1997) The Compensation Funds “e-COID” online facility on website http://www.labour.gov.za/Online-ToolsRand Mutual […]
Earnings thresholds, Income Tax thresholds and Minimum Wage updates
Reference documents Basic Conditions of Employment Act, as amendedIncome Tax Act, as amendedNational Budget Speech, February 2021National Minimum Wage Act, as amended This article gives a brief overview of salary […]
Bargaining Councils, what are they?
South Africa currently has over 40 bargaining councils operating nationwide. What exactly is a bargaining council? A bargaining council is a body that is established by one or more employers’ […]
Financial fallout from the COVID-19 pandemic
Prior to the World Health Organisation declaring COVID-19 a pandemic South Africa’s economy had already contracted in the last two quarters of 2019. Arising from the subsequent lockdown in South […]
Financial aid during the COVID-19 crisis – Unemployment Insurance Fund
Section 8 of The National Disaster Regulation 10 empowers the Minister of Employment and Labour with the authority to issue and vary directions, within mandate, to address, prevent and combat […]
PAYE, CCMA, Labour Court Awards and the Income Tax Act 58 of 1962
Employees and employers often reach a settlement agreement in the CCMA or Labour Courts as part of dispute resolution as defined in the Labour Relations Act. Companies and (ex) employees […]
WSP & ATR submission
It’s that time of the year again; businesses will soon need to begin compiling their workplace skills plan and annual training report and submit them online. Businesses submit info for […]
Directors vs Shareholders
When a company is formed it has to have at least one director and one shareholder within the company. Without the two a company cannot be successfully registered. The difference […]
The Unemployment Insurance Fund (UIF)
South Africa has an Unemployment Insurance Fund from which employees can claim. The UIF Fund offers short-term financial assistance to workers when they become unemployed or are unable to work […]