DID YOU KNOW

Did you know? – Cybercrime is at an all-time high and your business is at risk

Did you know? – Cybercrime is at an all-time high and your business is at risk

During 2019, the South African Banking Risk Information Centre reported that South Africa had the third-highest number of cybercrime victims worldwide with the country losing an estimated R2.2 billion to cyber-attacks. Cyber-attacks spiked during the COVID-19 Level 5 lockdown as many employees adopted remote working. During 2020, and at the SMME level, cyber threats came largely in the form of phishing. In light of this and the imminent Protection of Personal Information Act 4 of 2013 (POPI),...

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Did you know? Your domestic workers are now covered under the COID Act.

Did you know? Your domestic workers are now covered under the COID Act.

This is according to the Constitutional Court order dated 19 November 2020, wherein it was ruled that domestic employees will now be entitled to compensation in the event they are injured or contract diseases while on duty. The compensation payable to domestic workers for occupational injuries and diseases are the same benefits that are payable to all other injured employees. To find out how SEESA can help your business visit our website for more: https://bit.ly/3xnZ5OW

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Did you know? A company can apply for an additional amount in a Discretionary Grant on top of the 20% Mandatory Grant.

Did you know? A company can apply for an additional amount in a Discretionary Grant on top of the 20% Mandatory Grant.

Companies that annually submit their Mandatory Grant claim (Actual Training Report / Workplace Skills Plan) to their relevant SETA can also apply for the Discretionary Grant. Companies are able to apply for the grant on Learnerships, Apprenticeships, Bursaries, Skills programs etc. – Training programs that lead to a full qualification or form part of a qualification – these are often called PIVOTAL programs. The relevant SETA will open up a “window application period” each year to inform...

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Did you know? BEE verifications are subject to the SANAS regulatory body, and that all verifications must now be done on your company’s latest financial year-end?

Did you know? BEE verifications are subject to the SANAS regulatory body, and that all verifications must now be done on your company’s latest financial year-end?

What does this mean for your business? The South African National Accreditation System (SANAS) is the body responsible for the accreditation of BEE verification agencies. SANAS recently specifically addressed the measurement period that entities can use for their BEE verification. In the past, some verification agencies were willing to accept financial statements for any 12-month period, but SANAS has now stated clearly that the measured period can only ever be the financial year-end for the...

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Did You Know? – SEESA Learnerships can benefit your company on various levels

Did You Know? – SEESA Learnerships can benefit your company on various levels

SEESA offers a wide range of Learnerships at an additional cost that can empower and educate your employees. Optimised contact sessions are offered to ensure that there is minimum downtime and low-impact on employees' productivity whilst completing their SEESA Learnership. SEESA Learnerships can also assist with BEE scorecard point accumulation under the Skills Development Element. Companies may be eligible for tax rebates of up to R80 000 per Learnership and R120 000 per disabled Learnership....

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Did You Know? – The Return of Earnings (ROE) cannot be less than 30% of the previous year’s Return of Earnings

Did You Know? – The Return of Earnings (ROE) cannot be less than 30% of the previous year’s Return of Earnings

A discrepancy occurs when the actual or provisional earnings of the current financial year are lower than 30% of the actual or provisional Earnings submitted for the previous financial year's ROE. The Compensation Fund will request various documents: 1. An affidavit confirming that the earnings declared are the actual earnings paid to all employees or if a mistake was made on the ROE's to explain what type of mistake was made. 2. A letter on a company letterhead stating the UIF reference...

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Did You Know? – The anticipated regulations on the registration of the Information Officer were published?

Did You Know? – The anticipated regulations on the registration of the Information Officer were published?

The Information Regulator of South Africa published Draft Regulations on the Registration of the Information Officer in terms of the Protection of Personal Information Act. Therefore, a business must decide as soon as possible who in their business will be the Information Officer to take up his or her duties as per Section 55 & 56 of the Protection of Personal Information Act once registered with the Information Regulator. A business may be charged with an administrative fine, or a person...

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Did You Know? – A default award can be revoked by applying for a rescission

Did You Know? – A default award can be revoked by applying for a rescission

The rescission must be lodged within 14 days from the date your first became aware of the award. A rescission can be applied only in the following circumstances: • If the award was made in the absence of any party affected by such award; • If an award contains an error or omission; • If an award was granted as a result of a mistake common to both parties to the proceedings. Important to note: The award may be rescinded based on the fact that it was issued in the absence of a party, provided...

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Did You Know? – There is no such thing as a BEE Affidavit in the transport sector

Did You Know? – There is no such thing as a BEE Affidavit in the transport sector

The Transport Sector Code has not been amended, and as a result, it does not make provision for the issuing of B-BBEE Affidavits. Companies that fall under the Transport Sector will need to go through the verification process. A SANAS accredited B-BBEE certificate will need to be issued to verify the B-BBEE status of these companies. This is regardless of the turnover or the percentage of Black Ownership that the company might have. To find out how SEESA can help your business visit our...

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ProFile Lite Is Now Available to Non-SEESA Clients, Free of charge

ProFile Lite Is Now Available to Non-SEESA Clients, Free of charge

One consolidated HR & IR solution for your business. What does ProFile Lite mean for your business? As a ProFile Lite user, you can now access the leading software solution for businesses in South Africa with the main core functions of: • Employee Management • Leave Management • Learning Management • Document Management • Performance Management If however, you would like to access all the features of ProFile all you have to do is sign up with one of SEESA's products. To request a quote you...

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