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Resolving Payroll Issues

Payroll management is a critical function for any organisation. It involves calculating and distributing employees’ remuneration, handling tax obligations, and managing benefits. Understanding the legal and regulatory requirements related to payroll is essential to avoid penalties and ensure smooth operations. Let’s explore some key points:

Payroll Registrations and Compliance

1.UIF (Unemployment Insurance Fund) Contributions: Employers must register for UIF contributions. This registration is done directly with the Department of Labour.

2.Skills Development Levy (SDL): Companies should also register for SDL, which contributes to skills development in the country.

3.PAYE (Pay-As-You-Earn) Taxes and Income Tax: Employers must register with the South African Revenue Service (SARS) for PAYE taxes and income tax.

4.Compensation for Occupational Injuries and Diseases Act: Employers have obligations under this act, including registering with the Commissioner, submitting annual wage returns, and reporting accidents and occupational diseases

Non-compliance with these registrations can result in severe penalties, so it’s crucial to stay on top of them.

Submission Deadlines

Employers must make statutory deductions (such as PAYE, UIF, and SDL) from employee salaries.

Late submissions incur a 10% penalty, so timely compliance is essential.

Avoiding Manual Processes

Many payroll problems arise from relying on manual processes and inadequate systems.  Implement robust payroll systems and controls to minimize errors and ensure accuracy.

Resolving payroll issues in South Africa requires diligence, knowledge, and adherence to legal requirements.  By using efficient systems, and meeting deadlines, businesses can navigate payroll complexities successfully. A well-managed payroll not only ensures compliance but also contributes to employee satisfaction and overall organizational health.

 

 

Red Dot Now provides accounting, payroll and tax compliance services using the best of breed online technology.

Should you want to discuss this, or any of our services further, contact Ryan Coates on e-mail at ryan@reddotnow.com

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Hear From Businesses Like Yours

We can’t speak highly enough about Ryan and his incredible team at Red Dot Now. We have utilized their services for years and have always been grateful for their friendliness, professionalism and seamless service! Thank you again.Rory Loader
We can’t speak highly enough about Ryan and his incredible team at Red Dot Now. We have utilized their services for years and have always been grateful for their friendliness, professionalism and seamless service! Thank you again.
“I would highly recommend Red Dot Now as I have worked with them for a number of years and always received excellent service and support from the whole team. Our company wouldn’t be the same without Red Dot Now.”Nicky Bailey • MD – Webco
“I would highly recommend Red Dot Now as I have worked with them for a number of years and always received excellent service and support from the whole team. Our company wouldn’t be the same without Red Dot Now.”
“Red Dot Now has added exceptional value to our company. Since taking over our accounting services, we have been able to focus on our core business, assured that our financial affairs are taken care off in a professional, user-friendly, accessible and compliant manner. It is also nice to receive information and reports in a 21st-century manner.”Jacques Buchner CEO – RB Africa
“Red Dot Now has added exceptional value to our company. Since taking over our accounting services, we have been able to focus on our core business, assured that our financial affairs are taken care off in a professional, user-friendly, accessible and compliant manner. It is also nice to receive information and reports in a 21st-century manner.”
“Red Dot Now has assisted us with establishing an efficient outsourced back office supporting our accounting and human resources functions. Through utilising the Red Dot Now outsourcing services, we have managed to reduce our back-office costs significantly without losing functionality and efficiencies.”John Cerff CFO – VM Automotive
“Red Dot Now has assisted us with establishing an efficient outsourced back office supporting our accounting and human resources functions. Through utilising the Red Dot Now outsourcing services, we have managed to reduce our back-office costs significantly without losing functionality and efficiencies.”
“Without Red Dot Now our business would not have been what it is today. I would recommend them to all businesses striving to grow and move forward with the latest technology. World class.”Founders - International Player Management (Pty) Ltd
“Without Red Dot Now our business would not have been what it is today. I would recommend them to all businesses striving to grow and move forward with the latest technology. World class.”
“Red Dot Now was instrumental to the successful migration of our group’s accounting platform and the introduction of reporting software as well as other critical consulting services that allowed us to move to the next level required as a part of our expansion strategy.”Pierre Roux - Group Financial Manager & Premier Hotels & Resort
“Red Dot Now was instrumental to the successful migration of our group’s accounting platform and the introduction of reporting software as well as other critical consulting services that allowed us to move to the next level required as a part of our expansion strategy.”
“Red Dot Now has moved our company forward and has efficiently helped us with various aspects of our businesses finances including our payrolls and SARS submissions.”Johnny Goldberg - CEO Global Business Solutions
“Red Dot Now has moved our company forward and has efficiently helped us with various aspects of our businesses finances including our payrolls and SARS submissions.”
We can’t speak highly enough about Ryan and his incredible team at Red Dot Now. We have utilized their services for years and have always been grateful for their friendliness, professionalism and seamless service! Thank you again.
Rory Loader
We can’t speak highly enough about Ryan and his incredible team at Red Dot Now. We have utilized their services for years and have always been grateful for their friendliness, professionalism and seamless service! Thank you again.
“I would highly recommend Red Dot Now as I have worked with them for a number of years and always received excellent service and support from the whole team. Our company wouldn’t be the same without Red Dot Now.”
Nicky Bailey • MD – Webco
“I would highly recommend Red Dot Now as I have worked with them for a number of years and always received excellent service and support from the whole team. Our company wouldn’t be the same without Red Dot Now.”
“Red Dot Now has added exceptional value to our company. Since taking over our accounting services, we have been able to focus on our core business, assured that our financial affairs are taken care off in a professional, user-friendly, accessible and compliant manner. It is also nice to receive information and reports in a 21st-century manner.”
Jacques Buchner CEO – RB Africa
“Red Dot Now has added exceptional value to our company. Since taking over our accounting services, we have been able to focus on our core business, assured that our financial affairs are taken care off in a professional, user-friendly, accessible and compliant manner. It is also nice to receive information and reports in a 21st-century manner.”
“Diga has assisted us with establishing an efficient outsourced back office supporting our accounting and human resources functions. Through utilising the Diga outsourcing services, we have managed to reduce our back-office costs significantly without losing functionality and efficiencies.”
John Cerff CFO – VM Automotive
“Diga has assisted us with establishing an efficient outsourced back office supporting our accounting and human resources functions. Through utilising the Diga outsourcing services, we have managed to reduce our back-office costs significantly without losing functionality and efficiencies.”
“Without Red Dot Now our business would not have been what it is today. I would recommend them to all businesses striving to grow and move forward with the latest technology. World class.”
Founders - International Player Management (Pty) Ltd
“Without Red Dot Now our business would not have been what it is today. I would recommend them to all businesses striving to grow and move forward with the latest technology. World class.”
“Red Dot Now was instrumental to the successful migration of our group’s accounting platform and the introduction of reporting software as well as other critical consulting services that allowed us to move to the next level required as a part of our expansion strategy.”
Pierre Roux - Group Financial Manager & Premier Hotels & Resort
“Red Dot Now was instrumental to the successful migration of our group’s accounting platform and the introduction of reporting software as well as other critical consulting services that allowed us to move to the next level required as a part of our expansion strategy.”
“Red Dot Now has moved our company forward and has efficiently helped us with various aspects of our businesses finances including our payrolls and SARS submissions.”
Johnny Goldberg - CEO Global Business Solutions
“Red Dot Now has moved our company forward and has efficiently helped us with various aspects of our businesses finances including our payrolls and SARS submissions.”

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