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Employee overpaid – What now?

The issue of erroneously overpaying employees is usually found in the public sector but more inquiries are rapidly coming from the private sector and employers don’t know how to deal with this situation.

POSITIVE AMENDMENTS TO UIF

The Unemployment Insurance Amendment Act, which was signed into law by President Zuma recently, has been widely reported on as likely to have a...

The VAT increase and the sale of residential property

An increase in the Value Added Tax (VAT) rate to 15% will came into effect on 1 April 2018. Generally, the sale of residential property is subject to transfer duty, however, if a seller is a VAT vendor, such as a property developer, VAT may be payable. How will the VAT increase effect the sale of residential property, where a property is purchased before 1 April but transfer only occurs after the date of the increase?

Fronting – beware the BBBEE Commission

In June 2017, a black woman-owned entity launched a complaint of BEE fronting against JSE listed Netcare Holdings. The complaint has been lodged with...

Give SARS no excuse to delay refunds!

An investigation by Tax Ombud, Judge Bernard Ngoepe, found that complaints of the alleged delayed payment and even payment avoidance by the South African Revenue Service (SARS), of income tax and VAT refunds, were justified.

REVIEW: Asus ZenBook 3 Deluxe

Light, fast, and slick, sum up the new Asus ZenBook 3 deluxe. Building on the ZenBook heritage the latest in the range of ZenBooks offers eye-catching looks and some of the best technology available today in Ultralite slim notebooks. Steven Ambrose gets his Zen on with this latest Asus ultrabook.

South Africa is not capitalist, but needs to be!

To say that South Africa is a capitalist society is popular among journalists, politicians, and trade unionists. If capitalism is understood to mean a system of free and voluntary engagement without third-party interference, the notion that South Africa is capitalist is false.

How to submit an Employment Equity (EE) Report?

Lianne Freedman | CEO | EconoServ | lianne@econobee.co.za | www.econoserv.co.za | Submissions can be done manually or electronically. The Department of Labour advises employers to do their...

New preferential procurement regulations – radical shift in enforcing BBBEE?

In his State of the Nation Address in 2017, President Jacob Zuma noted the intention of the South African government to influence the behaviour of the private sector and to drive economic transformation.

Percentage of women in senior roles in South Africa creeps up

But no women at all in senior roles in 20% of SA businesses, is concerning. Although almost one third (29%) of senior roles in South Africa are now filled by women, one in five local businesses (20%) still have no women at all in senior positions. These are among the findings of the 2018 Grant Thornton International Business Report focused specifically on research regarding Women in Business.
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