Scarce skills in South Africa refer to the critical shortage of qualified professionals in key sectors of the economy. This shortage impacts the nation’s growth, development, and ability to compete in the global market. These shortages are driven by several factors, including historical educational disparities, socio-economic challenges, and the rapid evolution of technology and industry. … Read more
Taxable earnings in South Africa refer to the portion of your income that is subject to taxation. This income encompasses various forms, including salaries, wages, bonuses, and any other compensation you receive from your employer. Understanding taxable earnings is crucial for accurately interpreting your payslip and ensuring compliance with South Africa’s tax regulations. Given the … Read more
Return of Earnings (ROE) submission is a mandatory annual process for employers in South Africa, where they report the total earnings and remuneration paid to employees during the assessment year to the Compensation Fund. This submission is crucial for calculating workers’ compensation premiums, which are determined based on the employer’s risk profile related to workplace … Read more