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What you should know about the National Qualifications Amendment Bill. Little white lies on your CV could now land you in big trouble. That’s because the National Qualifications Amendment Bill has been presented to Parliament in a bid to clamp down on the increasing number of South Africans with fraudulent qualifications. In fact, it…
Read MoreFringe benefits or not. Medical aid Contributions made by an employer, on behalf of an employee, to a medical aid scheme constitute a taxable fringe benefit. Retirement funds Employer contributions to pension funds, provident funds and retirement annuity funds constitute a taxable fringe benefit. Bargaining Councils Employer contributions to Bargaining Councils is…
Read MoreHow retention of records works. Documents must be retained for a certain number of years, depending on the legislation. Below are the prescribed retention periods which commence from the date of the last entry in the record. Close Corporations Indefinite – A founding statement, (CK1 or CK2 and CK2A), minute books and resolutions…
Read MoreWhat you need to know about Section 12I Tax Allowance Incentive (12I TAI). In governments continuous effort to stimulate the industrial sector in line with the objectives of the National Industrial Policy Framework. The government has introduced the Section 12I tax allowance, which is two separate, yet similar incentive programmes for the manufacturing industry. Namely: The…
Read MoreTax update The finance minister delivered the annual budget speech on the 20th of February 2019. Below we highlight some of the most important changes which we believe will more directly affect you. Personal Tax The minister of finance announced that the tax-free threshold for those under 65 years old would be increased to R79…
Read MoreThe new year has brought a new career chapter for our colleague Marilise van der Berg. After almost two years as a consultant at Exceed HRC, Marilise has decided to pursue other opportunities. Marilise, thank you for the contribution you have made to the team – we wish you all the best for the future.…
Read MoreWe’re pleased to welcome our new Marketing and Communications Manager, Stephné de Villiers, to the team. Stephné holds a BA Languages and Culture degree from the University of Stellenbosch and has over 12 years’ experience in the fields of marketing and communication. She comes from an advertising background and has worked at two of SA’s…
Read MoreWe’re delighted to announce that the Exceed HRC family is growing. The stork will be visiting both our Office Manager, Anneke Viviers, and HR Consultant Michelle le Roux in 2019. Anneke is expecting a baby boy in early January and looks forward to welcoming her second son into the world. Michelle will find out…
Read MoreSkilled staff make a hospitality business tick – Give them a reason to stay and serve with a smile. Business is booming in South Africa’s thriving hospitality industry, but with new restaurants and hotels springing up every day, it’s becoming tougher to stand out from the sea of opening specials. If you run a business…
Read MoreAt Exceed we believe in the uplifting of communities and helping in any way we can. Tannie Poppie is one of those inspirational and selfless people that one does not often have the privilege of meeting. One of her many projects in the Klapmuts community is feeding the hungry. Every Monday, Wednesday and Friday, she…
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