by Liza Moorcroft | Sep 16, 2020 | Company vehicle, Fringe Benefits, Income Tax, PAYE, Payroll, Tax, Travel allowance, Travel reimbursement
The basic premise is: if an employer requires an employee to use their private vehicle to travel for business purposes, the employer should compensate the employee for this. But what is unclear to many is whether it is cheaper to: Reimburse the employee for...
by Liza Moorcroft | May 20, 2020 | Employer Reconciliation, Income Tax, PAYE, Sars, UIF
From the 2020 year of assessment SARS will perform an Employment Tax validation on the IRP5/IT3(a) certificates submitted by employers. Should SARS determine that an incorrect amount of tax was deducted from an employee, a letter will be issued to the employer,...
by Liza Moorcroft | May 11, 2020 | covid-19, Income Tax, PAYE, Sars
In recent days there have been unconfirmed information doing the rounds that the South African Revenue Service (SARS) is planning changes to the coming tax filing season due to the impact of the Coronavirus. We have since publishing this original article been able to...
