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Mimimum wage update
Employment and Labour Minister TW Nxesi has announced that the National Minimum Wage (NMW) for each ordinary hour worked has been increased from R20,76 to R21,69 for the year 2021 with effect from 01 March 2021
SARS Looting update
SARS has issued guidance for business owners impacted by the recent looting. Included are steps to be followed if your documents have been destroyed or if you are unable to submit VAT or EMP returns. Visit the SARS website for more information.
UIF contribution limits changed
Effective 1 June 2021 contributions to the unemployment insurance fund must be determined on remuneration not exceeding R 17 712 per month. This increase is applicable to remuneration paid or payable by an employer to an employee during any month from 1 June 2021.