Latest news

What can you do about employees who didn't show up to work because of today's taxi strike?

It's a jungle in Jo'burg this morning. Not only is the heavy raining causing havoc on the roads, but thousands of workers are stranded due to today's National Taxi Alliance (NTA) strike. And that's bad news for your business. Here's what you need to know about how to handle employees who couldn't [read more...]

How to avoid a Miss SA type nepotism scandal in your workplace

There's a fresh scandal surrounding the Miss South Africa pageant. A few weeks back, news reports indicated that the general public wasn't happy with the choice of judges for the pageant. Now there's a rumours of t. And it's put the spotlight back on nepotism in the workplace. [read more...]

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...]

fringe benefits

  • Free video tutorial: Can we claim medical contributions as a tax deduction?
  • I have a question for you...Do you know if you can claim medical contributions as a tax deduction? If you answered no, you're not alone. Neither did Nick, one of the subscribers for the Practical Tax Loose Leaf service.... ››› more
  • [05 February 2014]
  • Did you know: Your company doesn't have to pay tax on study loans and bursaries!
  • Study loans and bursaries fall under the type of fringe benefits you can give to employees, tax free! That's right. There's no tax payable on study loans and bursaries. BUT, there's a catch...... ››› more
  • [21 January 2014]
  • What are relocation expenses and how do they affect your company's tax?
  • Not sure what relocation expenses are? If so, read on to find out exactly what they are and the tax consequences they carry.... ››› more
  • [07 January 2014]
  • Revealed: Three tax benefits of having a water tight contract
  • It's your legal obligation to give your employees a written employment contract. The contract is only binding and enforceable when there's been an agreement. This means you've made an offer to your employee in writing and he's accepted it in writing. From a SARS perspective, these are three tax benefits of a water tight contract.... ››› more
  • [10 December 2013]
  • You must charge output tax on these EIGHT fringe benefits - here's how
  • We all think that simple job perks are just that: Simple. But did you know that you should charge output tax on certain fringe benefits, or face penalties from SARS?... ››› more
  • [22 November 2013]
  • Revealed: Three relocation expenses that are tax-free for your employee
  • Did you know that transfer costs are tax-free? That's right. If you transfer your employee, from Jo'burg, for example, so he can work for your Cape Town branch, any benefits he or his relatives get through the transfer is tax-free. Here are the three relocation expenses that are tax-free for your employee.... ››› more
  • [01 November 2013]
  • How to give your staff meals and refreshments - tax free!
  • If you provide your employees with meals, refreshments or meal vouchers free of charge or for less than its actual value, you can tax this as a fringe benefit. But there are three instances where there's no fringe benefit tax on any meal or refreshment. Know what these are and you'll be able to provide meals and refreshments completely tax-free!... ››› more
  • [29 October 2013]
  • Revealed: Four tax free services you can give your staff
  • You already know that before you give your employee a loan or a gold watch for his long service, you have to be aware that these could be taxable fringe benefits. But, did you know there are services you can give to your staff, tax-free? Read on to find out what these are...... ››› more
  • [15 October 2013]
  • Four steps to calculate the fringe benefit for rented company cars
  • Before 1 March 2013, you would have found it difficult to tax your employees for their use of permanently rented company cars. This is because it was almost impossible for you to get the true value of the car from the company you're renting the car from. I.e. the car company only gave you an estimate of the car's value. Now for the good news...... ››› more
  • [14 October 2013]




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