062020 Payroll for Bookkeepers
Calculate and submit reports for PAYE, SDL and UIF.
What you will learn
By the end of this event the participant should:
Have background knowledge of legislation governing payroll.
Know how to register for PAYE, SDL and UIF.
Know how to calculate PAYE, SDL and UIF correctly.
Know how and when to submit payroll reports to SARS.
Understand the repercussions for late submission and non-compliance.
Understand ETI and how it can benefit his/ her clients.
Understand how payroll affects financial reporting.
Overview of the Income Tax Act and BCEA
How to register with SARS for payroll taxes
- SDL; and
Calculation of PAYE, SDL and UIF
Completing the EMP201 and EMP501 returns
Timeous submission of returns
Penalties for late submission of returns
Employment Tax Incentive and its benefits
Effect of payroll on financial reporting
- There are no preconditions for this course.
- Moderate level.
- Recorded webinar made available on a specified date
A competent payroll administrator needs to be accurate, time-conscious and also have thorough knowledge of payroll-related legislation and SARS requirements.
Incorrectly calculating salaries/wages and making late payments is a sure recipe for creating a demotivated labour force. We know that a demotivated labour force = poor performance of the business.
SARS has specific deadlines on submission of employee tax returns as well as payment of the actual payroll taxes. Penalties and interest will be charged for not meeting deadlines. It is therefore vital that payroll administrators are fully aware of what is required of them in their duties.
The following pricing apply:
- Ad hoc: R475.00
- Subscription: Bookkeeper package.
This webinar will be available from 19 June 2020.
Russel is a registered Business Accountant in Practice through the Southern Institute for Business Accountants (SAIBA), and a registered Tax practitioner through the South African Institute of Tax Practitioners (SAIT). He holds a Bachelor of Accounting Science degree from the University of South Africa and a National Diploma in Financial Information Systems from Tshwane University of Technology.
Russel is the founder of Shinyawani Group of Companies (Pty) Ltd. He has won various entrepreneurial awards in the province of the Free State.
WHO SHOULD ATTEND?
- Business Accountants in Practice (SA).
- Business Accountants (SA).
- Practicing bookkeepers
- Payroll department staff
By attending this webinar, you will be provided with:
- Summarised slide presentation
- Reference documents and / or course material where available
- Access to a technical knowledge base
- Recorded webinar that includes an expert presenter and participant interaction.
This event is included in the following subscription packages. If you are not a subscriber, you need to purchase as a stand-alone event:
- Accountant in Practice: No
- Accountant in Practice plus tax: No
- Bookkeeper: Yes
- Quickupdate: No
- IFRS for SME's: No
HOW TO SUBSCRIBE?
Subscribers pay less for their CPD points. SAIBA offers 4 subscription packages that provides access to everything to run a successful accounting and tax practice. Pay a small monthly amount and gain access to monthly webinars covering ethics, financials, reporting, audit and assurance, working papers, law, technology, management topics, and tax.