Changes to Payroll Tax Legislation are Unfolding

September is a very important milestone in the annual Payroll tax legislation amendment cycle. The changes proposed by the Tax Amendment Bills that will impact on payrolls will be issued at the end of July, discussed during August with the authorities, and explained in this morning webinar.

At this early stage before the issue of the Bills, the following will be discussed

• 'Two-pot' Retirement System:
  • This life-changing legislation starts on 1 September 2024, so by the time this webinar is presented, the empowering legislation will be final. You will be brought up to date with any ‘unintended consequences’ that might arise.
• 2024 Mid-year Interim Tax Certificate submissions
  • The requirements for this year’s Interim tax certificate submissions will be explained.
• Monthly Tax Certificate Submissions
  The launch date of this important project was moved out by a year to accommodate the postponed launch of the Two-pot Retirement system on 1 September 2024. Importantly for monthly tax certificate administration, draft amendments are expected that will make the process of correcting errors from month to month easier and more efficient.
• Employment Equity and Compensation Fund Amendment Acts
  We now have a new Minister of Labour in the GNU, and it will be interesting to see in September where we stand with these two long-running Amendment Acts.

Other important payroll tax matters will be included in the webinar depending on their progress.

Join us to get current and 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 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 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 127.50 (including VAT)

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