Employment Tax Incentive: Why say no to R1280 per month per qualifying employee

Posted on 13 of October, 2017 by in Tax

What is it? ETI is a tax incentive awarded to qualifying employers aimed at encouraging employers to employ employees between the ages of 18 to 29. It is a temporary programme covering only the first two years of employment. The ETI commenced on 1 January 2014 and will end on 31 December 2019. It applies […]

PAYE and directors’ (and members’) remuneration from 1 March 2017

Posted on 10 of March, 2017 by in Tax

Many would have noted reports in the national media that the Taxation Laws Amendment Act, 16 of 2016, was signed into law by President Zuma on 11 January 2017. One of the many changes that the Act brings into effect is the repeal of paragraph 11C of the Fourth Schedule to the Income Tax Act, […]