Overview   

Competency in payroll administration requires full knowledge of relevant legislation and SARS requirements. This role also requires accurate calculation and timely presentation of figures.  

SARS has specific deadlines on submission of payroll returns as well as payment of the actual payroll taxes. When taxpayers fail to submit returns or pay what is due, SARS charges penalties and interest. It is therefore vital that payroll administrators are fully aware of what is required of them in their duties.  

Join Russel Ngobeni BAP(SA) on 11 August 2021 from 09:00 a.m. to 1:00 p.m. as he describes how to correctly administer the payroll function in terms of SARS registrations, accurate calculation of employee taxes, generation of related reports and timeous periodic submissions to SARS.  

Learning objectives  

By the end of this webinar the participant should: 

• Have background knowledge to legislation that governs payroll; 

• Understand how to register for and calculate PAYE, SDL and UIF; 

• Know how and when to submit required SARS reports; 

• Understand the repercussions for late submission and non-compliance; and 

• Understand how payroll affects financial reporting. 

Content 

The webinar will cover the following topics:  

• The Income Tax Act and the BCEA.  

• How to register for payroll taxes: 

  • PAYE; 

  • SDL; and  

  • UIF. 

• Calculation of payroll taxes.  

• Completing the EMP201 and EMP501 returns. 

• Timeous submission of returns. 

• Penalties for late submissions. 

• ETI and its benefits.  

• Payroll effect on financial reporting.  

Obtaining your CPD certificate 

This webinar qualifies for 4 CPD hours with your professional body including: ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by all relevant professional bodies. 

All attendees are issued with a CPD certificate available in an online profile. 

About the presenter 

Russel Ngobeni 

Russel is a registered Business Accountant in Practice through the Southern Institute for Business Accountants (SAIBA), and a registered Tax practitioner through the South African Institute of Tax Practitioners (SAIT). He holds a Bachelor of Accounting Science degree from the University of South Africa and a National Diploma in Financial Information Systems from Tshwane University of Technology. 

Russel is the founder of Shinyawani Group of Companies (Pty) Ltd.  He has won various entrepreneurial awards in the province of the Free State.  

Who should attend 

The following persons will benefit from attending this webinar: 

• Practising bookkeepers; 

• Professional Accountants including: CA(SA), PA(SA) and BAP(SA); 

• Accounting officers; and  

• Payroll department staff. 

Price               

• R 575.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

• R 0.00 - Paid Bookkeeper CPD subscribers. 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• Summarised slide presentation 

• Reference documents and / or course material where available 

• You can ask questions during the webinar and you will also have access to me the presenter after the webinar