The prospect of expanding your business internationally is thrilling - new markets, increased revenue, and global recognition. But venturing overseas comes with challenges, especially in payroll. From navigating complex tax regulations to complying w...

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South Africa - Increase in the BCEA Earnings Threshold Effective 1 April 2024 The Minister of Employment and Labour published Government Gazette 50524 increasing the BCEA earnings threshold from R241 110.59 per annum to R254 371.67 per annum effec...

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We have an exciting announcement- PaySpace is being acquired by Deel Inc, a global HR company. This acquisition will bring together Deel’s leading EOR services and PaySpace’s payroll technology expertise to deliver a unique and powerful offering to c...

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The Egyptian Government has given its approval to amendments modifying specific provisions within Tax Law No. 91 of 2005. The following amendments affect payroll for the 2024 tax year with effect from 1 March 2024: Increasing the zero-rated brack...

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On the 21st of February, 2024, Finance Minister Enoch Godongwana delivered the annual Budget Speech. He faced intense scrutiny as he aimed to reconcile spending priorities with the limited resources available to the National Treasury. Highlighting th...

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In the fast-paced world of business, payroll management is a critical function that demands accuracy, efficiency, and compliance. Late payments, legislative missteps, and tax processing errors can not only damage employee morale but also lead to seve...

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The Finance Law N°23/056 of 10 December 2023 for the 2024 tax year has been promulgated by the President. This law is effective as of 1 January 2024. Please take note of the following changes for payroll: Modification of Article 18 de la Loi ...

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The Annual EMP501 Submission Guideline: From your payroll software to e@syFile™ Employer As the South African financial year draws to a close, employers brace themselves for a crucial task – the Annual Employer Reconciliation Declaration, or EMP501 ...

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On Friday, 5 January 2024, the Council (under the Ministry of Economy, Finance and Foresight) adopted a decree (Decret No 2024-0027/PRES-TRANS/PM/MEPFMFPTPS) establishing a compulsory withholding tax on the remuneration of public officials and worker...

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Is there a more inconvenient time to lose power than at month-end? Businesses rely on crucial activities, such as payroll processing and HR functions, to keep operations running smoothly. Unfortunately, when load shedding occurs, these essential task...

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