Are you aware of the latest developments regarding Beneficial Ownership in terms of the Companies Act? SEESA Compliance and Transparency will be able to assist with the following: • Telephonic advice regarding Beneficial Ownership matters; • Updates regarding and assistance with Beneficial Ownership verification; • Assistance with a Beneficial Ownership register. Apart from the above, SEESA Compliance and Transparency will also provide you with access to the following services: • Guidance on...

Skills Development Levy (SDL) is a levy paid by employers who are registered for this levy by SARS and are thereby registered with their allocated Seta. These funds are used to contribute to developing their employees by conducting training. This assists the employees in developing the skills they require and to advance in their career. All companies who have an annual payroll equal to or exceeding R500 000 per annum are liable to register for SDL with SARS, and they will then pay this...

The question is often asked during the December holiday period whether employees should apply for annual leave on days which are usually public holidays.  And the simple answer is no.  Annual leave applications must only be submitted for ordinary working days with the exclusion of public holidays.  When it comes to public holiday payments, the golden rule that employer should keep in mind is as follow; if a public holiday falls on a day on which an employee would normally work,...