Payroll Archives | PaySpace

06 Apr

6 things payroll managers need to know for the tax year ahead

April 7, 2022
By PaySpace

The finance minister, Mr. Enoch Godongwana, presented the 2022/2023 budget speech on 23 February 2022. Many things are due to change in South Africa that is important for payroll managers to know to stay compliant. Retirement fund tax The first cha...

15 Sep

Article, Payroll, PaySpace

What is Payroll

September 15, 2021
By PaySpace

Payroll is the largest expense of an organisation and should be managed with attention to detail to pay employees accurately and on time.
The payroll division has the added pressure of legislative compliance as stipulated in the Income Tax Act and managed by the Revenue Authority. In addition, the company policies must be enforced considering the leave rules and onboarding procedures and adherence to reporting requirements for payroll funds such as Medical Aids and Retirement Annuities.

23 Jun

Article, Human Resources, Payroll

Entangling Payroll, HR and the POPIA

June 23, 2021
By PaySpace

1 July 2021 is a significant day for organisations in South Africa. This is the day when the Protection of Personal Information Act (POPIA), will take full effect. Companies were granted more than a year to ensure compliance with the new legislation....

20 Jan

Human Resources, Payroll

African Tax Year End Date

January 20, 2021
By PaySpace

A country’s year of assessment (commonly referred to as a “tax year”) runs for a 12-month period and is based on specific criteria per country. Every year, the in-country legislative body announces its “Tax Season”, a period during which companies an...

17 Dec

Human Resources, Payroll

HR professionals: Be aware, and stay relevant

December 17, 2020
By PaySpace

The Covid-19 pandemic caused major shifts in the way we work and do business, forcing payroll and HR leaders to rethink workforce planning, management, and to develop strategies to handle the future of work. The repercussions of the pandemic disru...

10 Dec

Outsourcing, Payroll, Services

The financial benefits of a cloud-based outsourced payroll

May 4, 2021
By PaySpace

The benefits of the cloud have been well documented. Cloud solutions are accessible anywhere, are more flexible, offer agile service, there is no hardware to maintain, no manual backups to keep on top of, no more paper-based processes, and most impor...

29 Sep

Announcements, Human Resources, Payroll, Training

How our HERO initiative aids unemployed Payroll and HR professionals

December 17, 2020
By PaySpace

At PaySpace, we believe in investing in people to empower them in their careers. As South Africans raised in the spirit of Ubuntu, we know we will only succeed when everyone succeeds. Being a fast-growing employer, we are constantly on the lookout...

15 Sep

Article, Employee Self Service, Payroll

Giving payroll ‘legs’ by adopting a true SaaS solution

April 8, 2021
By PaySpace

Adopting a true SaaS solution adds benefits to the way your business implements its payroll. Although most organisations view payroll primarily as a way to remain compliant, calculate accurate net pay and pay employees in time, in reality, it goes wa...

11 Aug

Human Resources, Legislation, Payroll

Payroll and HR compliance in Africa

December 17, 2020
By Heinrich Swanepoel

‘Africa is not for sissies,’ is a phrase often used by businesses who are operating in various regions on the continent. Africa is made up of many different countries, each with their own culture, as well as rules and regulations that present both ch...

22 Apr

Article, Payroll

7 Reasons Not To Renew Your Legacy Payroll Fees

July 16, 2020
By PaySpace

All departments within businesses are transforming digitally, and human resource management is no different. In fact, this transformation is seeing HR and payroll solutions migrating more and more to cloud-based models. Cloud solutions deliver nu...

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