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Strikes: What does 'issue in dispute' mean?
News reports this morning indicate that government intends to meet with the Association of Mineworkers and Construction Union (Amcu) today in a last ditch attempt to halt a mass strike in the mining sector. The looming strike, which is expected to have a devastating impact on the economy, has [read more...]What does the new Employee Tax Incentive Bill mean for your business?
Unemployment is a big problem in South Africa. So it's no wonder that government has finally stepped in to reverse the high levels that affect the youth. How? By making sure its new Employee Tax Incentive Bill comes into effect. And it will, the minute 2014 ushers in. Here's what you need to know [read more...]Research finds that absenteeism is the reason South Africa's losing its competitive edge
New research has found that South Africa's losing its competitive edge. And it's all thanks to absenteeism. That's just the tip of the tip of the iceberg. There are other worrying trends when it comes to sick leave abuse in the workplace. Here are the details of the study... [read more...]| by FSP Business, 30 September 2013 |
Before you consider handing your top exec the keys to a company car, it's important you know how to treat the use of this car on your payroll.
According to the Practical Tax Loose Leaf Service, company cars won't always be a taxable fringe benefit in your employee's hands.
If the following three criteria apply to your company cars, then there's no taxable fringe benefit for your employee:
Well there you have it. Knowing when a company car won't be a taxable fringe benefit will ensure you comply with tax law. It'll also help ensure your company saves thousands on the cost of the company car.
Is there a minimum amount payable for standby? [see the answer]
