The 2nd of March 2016 served as a momentous occasion as individuals arrived at The Da Vinci Institute in anticipation of the journey that lies ahead.
The Da Vinci Institute hosted the very first workshop of the BCom (Business Management) programme applied to Payroll employees. Together with Da Vinci associate Accsys, and the South African Payroll Association (SAPA), the design and development of the qualification serves to cultivate managerial leaders within the field of payroll management.
SARS has not officially published an opening date for the filing season (for our tax certificates for the tax year ending on 29th February 2016), which would traditionally have opened on the 1st April, 2016. The closing date has been announced as the end of May, 2016.
On Monday 16th November Minister of Labour Mildred Oliphant announced upward adjustment to Domestic Worker wages, effective 1st December 2015 (and valid until end November 2016).
The changes are as follows:
a. An employee that works more than 27 hours in Area A (major metropolitan areas) should be paid no less than an hourly rate of R11.44, R514.82 weekly and R2 230.70 per month.