New Look Payslips
We are very excited to announce the introduction of a new payslip design. All of the same payslip features and functionalities that you have become accustomed to will still be available.
2017
Accounting for ETI Made Easy
We have just released a new feature that enables you to post ETI Utilised with the click of a button - no more need to do manual journals for this in Xero.
2017 UIF Increase: The Facts
There has recently been an increase in the limit that must be used when UIF benefits are calculated. However, the limit for monthly contributions has not changed yet. The maximum monthly contributions are still R148.72 for employer and employee. As soon as a change to the contribution limit is announced, our system will be updated to keep you compliant.
2017 Employer Annual Reconciliation Filing Season
SARS has announced that the 2017 Employer Annual Reconciliation filing season will run from 18 April 2017 to 31 May 2017. This is, in essence, where you will reconcile your EMP501s and IRP5s / IT3(a)s with payments made to SARS.
2017 OID / Workman’s Comp Update
The deadline for the OID / Workman’s Comp submission has been extended to 31 May 2017. In addition, the maximum amount of earnings per employee subject to assessment will increase to R403 500 from 1 April 2017.
Updates in SimplePay for the 2017/2018 Tax Year
With SimplePay you’re always compliant! We’ve already updated our system with the tax changes announced in the budget speech on 22 February 2017. You can continue processing as usual and no special year-end procedures are required.
2016
Payslips Delivered Right to Your Inbox
Amongst all the big updates that always come with the start of a new financial year, our tenacious developers have been able to sneak in some small but very useful features that we’re hoping will make your life just that little bit easier.
2016 Retirement Reform
The 1st of March 2016 brought with it a number of significant changes that will affect employees with pension, provident and retirement annuity funds. This legislation introduces a uniform tax treatment for all three of the above-mentioned funds (total taxable income deduction limited to 27.5% of income, with an annual cap of R350 000).
Updates in SimplePay for the 2016/2017 Tax Year
We are pleased to announce that SimplePay clients are once again some of the first to be informed of the relevant changes for the new tax year. As from 01 March 2016, your payroll will automatically meet all the requirements for the 2016/2017 period, as announced in the 2016 Budget Speech on 24 February 2016.
Getting Started with Employee Self Service
Here at SimplePay, we believe that taking leave and getting paid should be the least stressful work related things that your employees can do. In the past, however, this hasn’t always been the case, mostly because of all of the red tape and paperwork involved in collecting payslips, and requesting and approving leave.