RSA Important Notice

When you go into a company licenced for Tax Country: South Africa, an Important Notice will come up containing the following information:

 

• Legislative changes for the 2020-2021 Tax Year have been implemented.
• New Termination Reasons and UIF Employment Statuses also form part of this release.
• Employment Tax Incentive (ETI): From 1 August 2019 the ETI Wage Test to determine whether an employee qualifies for ETI changed.
• Follow the steps in these Release Notes to ensure your current ETI Setup and ETI History values are correct.
• For Employees falling under the National Minimum Wage - Employee > Change Employee > Select Employee > Employment Tax Incentive Tab:

 

• link to a Minimum Monthly Wage Code and
• tick Wage Regulating Measure/National Minimum Wage Rate
• The National Minimum Wage values also increased from 1 March 2020.
• To amend the applicable Minimum Wage Codes, go to Payroll > Definitions > System Description Codes > ETI.

 

• If you are a qualifying company for Special Economic Zones (SEZ), ensure that you do still qualify and adjust if necessary.
• It is the beginning of the Tax Year, confirm that Tax Status is correct for all the Employees.

 

This notice will be displayed each time you access the company until you acknowledge the message at the bottom of the screen.

 

You can print this screen for reference purposes.