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