Employer Salaries Self-Study Package
SKU 00212
R1 800.00
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Employer Salaries Self-Study Package
Product Details
This comprehensive package will allow you the opportunity to expand your knowledge at your own pace.
The self-study courses included contain comprehensive recorded content & practical notes to assist the learner to understand all aspects of this topic effectively:
COMPANY COMPLIANCE
- Department of Labour – When and How to register and for what
- UI-8 – What this form is for and what to do with it
- UI-19 – What this form is for and what to do with it
- Staff Files – Relevant documents needed to keep in a staff file
- Staff Payslips – When to supply an employee with a payslip and what information is needed to include
- Salaries & Wages – How to calculate pro rata salary, bonus, leave and sick leave
- Staff Leave – How staff leave works and how to calculate unpaid leave
- Leave – How annual leave works and how to calculate to pay out
- CIPC – Annual return requirements and how to ensure that the company does not get deregistered because of failure to renew
- Personal Income Tax – The company’s responsibility in terms of staff personal income tax as well as informing staff of their responsibility to submit their own income tax
- Workmen’s Compensation – When to register for Workmen’s compensation, and how it works.
- PAYE, UIF & SDL – Relevant deductions from staff salaries and submissions to SARS. (EMP201 Submissions)
- IRP5’s and IT3’s – Issuing of IRP5’s and IT3’s and when required (EMP501)
PAYROLL
- Definitions
- Tax Tables, Rates & Rebates
- Exemptions - Individuals
- Deductions - Employees
- Deductions - Retirement
- Fringe Benefits
- Subsistence Allowance
- Travel Allowance
- Deductions - Travel Expense
- Youth Employment Incentive (ETI)
- Relocation of Employee
- Wear & Tear Allowance
- Skills Development Levy
- IRP5 and IT3 Certificates - Source Codes
- Bursaries / Tuition Fees
- Independent Contractors
- Salary Sacrifice
- Medical Aid Rebates
- Retirement / Pension / Provident Fund Contributions
PAYROLL ON EXCEL
- Monthly Payroll on Excel
- PAYE
- UIF
- SDL
- Reconciling to the EMP201 and EMP501
- Tracking hours worked to calculate leave for first 6 months of employment
- Pro Rata Salary, Annual Leave and Sick Leave Calculations
- Submitting UIF manually
- Calculating ROE amounts using the excel spreadsheet
EMPLOYER & EMPLOYEE: PAYE, UIF & SDL
- Registration of your entity with both SARS and The Department of Labour – the two are NOT the same
- How to calculate, submit and pay – and to who?
- When is an employer compelled to pay SDL?
- What tax relief systems are available to employers
- How to effectively use your SETA
- Introduction to Workmen’s Compensation and when is it compulsory to register
HOW TO CALCULATE A REASONABLE TRAVEL ALLOWANCE
- Estimating a Travel Allowance for an Employee
- Establishing the Rate per Kilometer of the Vehicle
- Travel Allowance on Assessment – Source codes to use
- How to TAX a Travel Allowance and under which circumstances
- Employer reimburses the employee for business kilometers travelled in addition to granting a travel allowance
- Supporting Documents to retain
EMP501 FINAL SUBMISSION: A Practical Step-by-Step Guide for Employers
- What is the EMP501 submission?
- The EMP501 Employer Reconciliation Declaration is the employer’s reconciliation of:
- The EMP201 monthly declarations submitted to SARS,
- The payments actually made to SARS, excluding penalties and interest, and
- The IRP5/IT3(a) employee tax certificates issued for the relevant period
- SARS requires employers to submit an EMP501 twice each year:
- Interim reconciliation for the period 1 March to 31 August
- Annual reconciliation for the full tax year 1 March to 28/29 February
All Included:
- Video presented courses
- Downloadable course material
- Optional assessment
- Certificate
- SAIT Accredited (Verifiable CPD Hours)
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