Overview   

In the first part titled Payroll for bookkeepers, we covered essential introductory topics to payroll administration. As important as it is for payroll practitioners to have thorough knowledge of payroll legislation and other background information, the correct and accurate calculation of taxes and salaries or wages determines one's competence.  

Join Russel Ngobeni BAP(SA) in this follow-up webinar where he delves deeper into the practical side of payroll. Russel is going to take you through how to determine employees' taxable income, timeous submission of relevant payroll returns, generating employee tax certificates and performing payroll reconciliations.  

Learning objectives  

By the end of this event the participant should: 

• Understand how to practically calculate employees’ taxable income. 

• Understand how to complete and submit SARS returns.  

• Be able to process and generate employee tax certificates. 

• Understand how to perform payroll reconciliations.  

• Be able to use the SARS e-Filing platform.   

• Be able to use cloud payroll administration.  

Content 

The webinar will cover the following topics:  

• Determining employee taxable income: 

  • What constitutes gross income? 

  • Calculating mandatory deductions; 

  • Incorporating other deductions; and 

  • Tax credits.  

• Employer payment declaration – EMP201; 

  • Completion; and  

  • Timeous submission. 

• Employee tax certificates – IRP5s; 

  • Processing and generation. 

• Payroll reconciliation – EMP501; 

• Accounting for payroll – a practical example; 

• SARS e-filing;  

• Cloud payroll administration; and 

• General guide to submission deadlines and penalties and interests. 

Obtaining your CPD certificate 

This webinar qualifies for 2 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 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; 

• Payroll administrators. 

• Payroll department support staff. 

Price 

• R475.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

• R0.00 - Paid CPD package subscribers.  

Steps to register for the event:  

1. You can either attend the event as a non-CPD subscriber or as a CPD subscriber.  

   • Option 1: Non-CPD subscribers pay the full event price.  

   • Option 2: Paid CPD Subscribers pay a monhtly fee and attend the event at no additional cost.   

2. Under both options you first have to obtain a free CPD Subscription account. This gives you access to free events and registers you as a user on the system.  

3. Once you have a free profile you can select between Option 1 or 2.  

4. Find out more about the benefits of being a CPD subscriber and attend this event for free -Click here 

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