Tag Archives: employer

INDEPENDENT CONTRACTORS VERSUS EMPLOYEES

For tax and legal purposes, it is important that employers distinguish between employees and independent contractors. Let us demystify the distinction. Does being an independent contractor (as opposed to a salaried employee) make it possible to have a huge legal … Continue reading

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FRINGE BENEFITS PROVIDED TO EMPLOYEES

The Seventh Schedule to the Income Tax Act[1] lists various benefits that employers may grant to employees which will attract income tax for the employee,[2] and require the employer to also withhold PAYE on the amount of the benefit granted.[3] … Continue reading

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HOME OFFICE EXPENDITURE

With current day realities manifesting in ever increasing distances required to be travelled to get to an office, traffic congestion, etc. more and more employers are opting to give their employees the option of working from home. The proliferation of … Continue reading

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BUSINESS ETHICS

There is a misconception that if a business complies with all legal requirements, it also has good business ethics. However, legal compliance does not automatically equate to morally sound business practices. A member of management or an employee’s conduct may … Continue reading

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EMPLOYER INTERIM RECONCILIATION

In the past SARS required the Employer Reconciliation to be done every twelve months. A few years ago SARS introduced the Employer Interim Reconciliation in addition to the annual Employer Reconciliation. The Employer Interim Reconciliation have the same requirements as … Continue reading

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