Category: Payroll Processing and Administration

FIXING OF RATE PER KILOMETRE IN RESPECT OF MOTOR VEHICLES FOR THE PURPOSES OF SECTION 8(1)(b)(ii) AND (iii) OF THE INCOME TAX ACT, 1962

Mar 16,2022March 16, 2022

By FHBCIn Payroll Processing and Administration

On 8 March 2022, the Minister of Finance, Mr Enoch Godongwana, published the Government Gazette stating that from 1 March 2022, the reimbursive travel allowance for 2022/2023 has increased to R4.18 per kilometre.

HOW GOOD IS YOUR SALARY STRUCTURING?

Aug 10,2017August 10, 2017

By FHBCIn Payroll Processing and Administration

In tough economic times Employers are under pressure to give salary increases to Employees. The question then arises: What can Employers do to pay Employees better instead of only higher salaries?

RETIREMENT REFORMS SUMMARY EFFECTIVE MARCH 2016

Jun 06,2016July 7, 2017

By FHBCIn All Categories, Payroll Processing and Administration

The Taxation Laws Amendment Act was promulgated on 12 December 2013. This amended the way in which retirement funds are treated.