RSA Interest Rate Change
June 6, 2022
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The “official rate of interest” for calculating the taxable benefit on low interest or interest-free loans has increased by 0.50% with effect from 01 June 2022.
An out-of-the-box, payroll software and HR solution,
no matter the size of your business
Payroll software with features and tools purposefully built with your business in mind
Employee and management self-service on any device
Allows users to apply, capture, view, authorise and initiate tasks with workflow approvals.
Continuous payroll calculations, no backup processes required
Real-time calculations – capture input and immediately see the final payslip. Results are already available at the beginning of the month.
Pay-as-you-go
A payment structure that adapts with your business as it grows. Only pay for what you use.
ISO 27001 Certified
Security is our business. We adopt an appropriately rigorous control regime when it comes to protecting our own, and importantly, your information.
Over 9,000
customers in more
than 40 countries
use PaySpace
Small, medium and large businesses across the globe trust PaySpace to help manage their payroll and HR.
Award winning online payroll software technology and service
Winner: GPA Payroll
Software Supplier of the Year
Top 25 HR Software
Award 2019
Finalist:
The SaaS Awards 2019
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Malawi interest rate for loans
June 6, 2022
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Paragraph 5(e) of the Fringe Benefits Tax Regulations stipulates that where an employer provides a loan to an employee at an interest rate lower than the applicable commercial rate, the resulting interest difference be recognised as a fringe benefit.
White-Label HR Software: A Brief Explanation
May 30, 2022
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White-label HR software is a term used to describe a business purchasing a product (in this case HR software) and
The Best Payroll Support Brought to You by PaySpace
May 30, 2022
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Looking for the best payroll support? As much as one would like payroll to be one size fits all, it