Payroll for bookkeepers
Presenters : Russel Ngobeni
Learning objectives
By the end of this event the participant should:
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Have background knowledge of legislation governing payroll.
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Know how to register for PAYE, SDL and UIF.
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Know how to calculate PAYE, SDL and UIF correctly.
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Know how and when to submit payroll reports to SARS.
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Understand the repercussions for late submission and non-compliance.
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Understand ETI and how it can benefit his/ her clients.
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Understand how payroll affects financial reporting.
Content
The webinar will cover the following topics:
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Legislation governing payroll;
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BCEA and the Income Tax Act;
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How to register for the different types of Payroll taxes:
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PAYE;
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SDL; and
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UIF.
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Calculation of PAYE, SDL and UIF;
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Completing the EMP201 and EMP501 returns.
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Timeous submission of returns.
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Penalties for late submission of returns.
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Employment Tax Incentive and its benefits.
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Effect of payroll on financial reporting.
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