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As the nationwide COVID-19 lockdown nears the end of its initial deadline, businesses across the country have had to review the way that they communicate with their employees. With the diminished in-person contact that employers now have with their workforce, it is vital to have a system in place that ensures staff are equipped with the right information in order to stay safe, remain engaged with their companies, and be prepared for work to resume.
You, as the taxpayer, are responsible for declaring the correct information to SARS and will face the consequences if you don’t. Ensure that your tax practitioner declares all income by providing all the correct information to him or her.
Executive remuneration has become a symbol of inequality in today’s global economic order. Shareholders are becoming more active in demanding that executive pay is more closely linked to results and stakeholders want a broader focus on the context in which the organisation operates.