SAGE: 2024 Annual Payroll Tax Update Webinar

Rob Cooper and Niel Nel will discuss the impact of the final changes made by the 2023 Tax Amendment Bills, which are currently in Parliament for approval, on payroll offices and payroll systems.

In these webinars, we will update you on the progress and inform you about what you can expect from two long-running but crucial employment administration projects.

Topics of discussion include:

• 'Two-pot' Retirement System:
  • 2023 Amendment Bills made significant changes to enable pre-retirement access to a portion of one’s retirement assets while preserving the remainder for retirement.
• SARS Vision 2024 PAYE Reform:
  • Significant progress has been made, culminating in the very recent publication of the SARS Specification for Monthly Tax certificate submissions that will make important changes to the Personal Income Tax Administration.
• Tax Law Changes:
  • Non-resident employer registration.
  • Tidying up of the retirement fund contribution deduction requirements.
  • Requirements for the August 2024 Interim Tax certificate submission and reconciliation.

On the labour law front, we will overview the important Amendment Bills for the Compensation Fund and Employment Equity and hopefully be able to update you on their implementation dates.

What will happen in the Future?

• The budget of 2024 is expected to propose some interesting legislative changes that will be unpacked during these webinars.

As always with these down-to-earth presentations, questions are welcome, and you will be provided with the webinar slides and a comprehensive workbook for later reference purposes.

Join us to get up to date and to understand how these changes will affect your company.

Presenters

Rob Cooper

Rob is a founding member of the Payroll Authors Group of South Africa, a body that represents the payroll industry in discussions with the statutory bodies since 1989.

As chairman of the PAGSA, his focus over the past 34 years has been on the diverse legislation that governs the employment and payroll industry.

He is held in high regard as an employment tax expert and is a respected writer and presenter at tax seminars and workshops around the country.

Niel Nel

Niel Nel worked for SARS in a wide range of operational areas from 1977 until his retirement in January 2023. He was instrumental in the implementation of all phases of the PAYE system, the e@syFile and eFiling systems, as well as the Skills Development, UIF Contributions, and the Employment Tax Incentive systems. Niel collaborated with the PAGSA and other external stakeholders for many years and managed the SARS/PAGSA relationship from March 2020 until his retirement. He is now a Managing member of the PAGSA.

CPD

Attending this event will secure 3.5 hours CPD.

Event Investment

Please note: As this event is hosted by SAGE and does not form part of The Tax Faculty subscription packages.

R2 012.50 (including VAT)

Payments and cancellations

• All payments must be made by EFT or by credit card, at least three working days before commencement of an event.
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  • If the cancellation occurs less than four working days prior to the event, a 100% cancellation fee will apply.
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