Salaried employees in South Africa often receive payments and benefits beyond basic monthly remuneration. These transactions—whether bonuses, severance pay, travel allowances, or fringe benefits—carry specific rules under the Income Tax Act, SARS guidelines, and labour law frameworks like the Basic Conditions of Employment Act (BCEA). This course unpacks unique payroll transactions, explains their legal and tax implications, and demonstrates how to calculate and record them correctly.

TOPICS DISCUSSED

• Module 1 – Annual Equivalent Calculation (Pro Rata)
• Module 2 – Deduction to determine Balance of Remuneration
• Module 3 – Donations to Solidarity Fund
• Module 4 – Arbitration Awards
• Module 5 – Severance Benefits
• Module 6 – Backdates (Antedated) Salaries
• Module 7 – Restraint of Trade
• Module 8 – Leave Pay
• Module 9 – Advance Salary
• Module 10 – Overtime
• Module 11 – Bonus
• Module 12 – Variable Remuneration
• Module 13 – Exemptions
• Module 14 – Bursaries (School Fees)
• Module 15 – Donations

Annexures Included:

• Annexure A – Salaried Employees Specific Transactions Work Page