You might have heard media reports about the new “youth wage subsidy” that came into effect at the beginning of this year. Is this policy beneficial to business owners, and how can you implement it in your own company? Let’s find out more. Continue reading
Since 2002, all domestic workers in South Africa who work more than 24 hours a month are legally entitle to be registered with the Unemployment Insurance Fund (UIF).
If you have a housekeeper, nanny, gardener, or driver who works in and around your home, you’ll need to complete their registration with the UIF – here is a quick guide to speed up this important process. Continue reading
When it comes to family responsibility leave, South African labour law is quite clear: every full-time worker is entitled to leave when family emergencies occur.
If you’re wondering how much family responsibility leave your staff members are entitled to, or whether a staff member qualifies for this type of leave, read on – we’ve prepared a quick guide that explains this issue in detail. Continue reading
If you contribute to a medical aid each month, you may be aware that you’re entitled to a tax credit – but how do you go about claiming it?
What can you claim back?
The SARS regulations on medical tax credits change from time to time, and at the moment you are allowed to claim back money you have spent on the following expenses: Continue reading
If you own an asset – including property and shares – you may be wondering whether you’ll be liable to pay Capital Gains Tax when you sell it.
Capital Gains Tax, or CGT, has been a part of the South African tax landscape since it was introduced in 2001. To help you understand what this tax is, who and what it applies to, and under what conditions you’ll be expected to pay it, we’ve put together a quick guide to CGT. Let’s get started. Continue reading