The Two-Pot System Through a Payroll Lens
The Two-Pot Retirement System is often explained as a retirement reform. In practice, it has become a payroll issue. Payroll administrators are no longer just processing contributions. They are responsible for ensuring that contributions are allocated correctly, that reporting aligns with SARS requirements, and that employees understand the tax consequences of decisions they make outside […]
Payroll administration | Frequently asked questions
As payroll administrators ourselves, we encounter a few frequently asked questions that employers, business owners or those responsible for payroll administration within organisations struggle with. Below we have a detailed answer for you on these burning questions you are facing. We hope that you find them insightful. Question: At what stage is an employer required […]