At That Point
  • home
  • our story
  • our services
  • your resources
  • SA Industry News

Reduce tax risk, use qualified professionals

19/7/2017

0 Comments

 
Picture
It’s personal tax season again and millions of South Africans are busy filling out their tax returns. To avoid any delays in this widescale process, payroll departments across the nation must work quickly and in strict compliance with the law. Failure to do so could result in heavy penalties for their organisations.
 
Arlene Leggat, a director at the South African Payroll Association (SAPA), says that, to satisfy all statutory obligations, not just tax regulations, payroll practitioners need to be suitably qualified. “Payroll plays a leading role in any organisation’s governance and compliance efforts. To reduce risk, employers must ensure their administrators are competent.” But how can they guarantee that this is the case?

Practitioners and good governance
Payroll practitioners should be driven by good governance practices and must stay abreast of current legal requirements. For example, the recent Protection of Personal Information (POPI) Act places an additional burden on businesses to carefully manage and protect any personal information they store or process about their workers. Practitioners must be aware of such developments and understand how to remain compliant with them in the course of their duties.
 
According to Leggat, as compliance requirements increase, more companies are realising the importance of a professional designation. “SAPA is the recognised regulatory body for payroll practitioners in South Africa,” she says. “When companies hire outsiders, there’s no guarantee they’ll get someone who is competent in their field, and the risk of falling short in their legal obligations is growing year by year.”
 
To be awarded one of SAPA’s professional designations, applicants must have the relevant qualifications and experience needed to perform their duties at junior, mid or senior levels. But even after becoming a member, they’re required to continually improve their payroll skills and knowledge.

CPDs
A core component of ensuring SAPA members understand good governance practices and compliance with legislation is the association’s continuous professional development (CPD) programme. Members must accumulate a set number of CPD points every 2 years to retain their SAPA title. This can be achieved by attending SAPA-approved courses, each carrying a predetermined number of points.

Code of ethics
In addition, members are bound to a code of ethics and any breach could result in their membership being revoked. This gives employers the assurance that their payroll officer strives to conduct themselves in a manner befitting their legal and moral responsibilities. In addition, organisations have in SAPA a channel through which to voice any grievances.

Hiring for compliance
Leggat advises companies to avoid the dangers of non-compliance and promote good governance by hiring SAPA approved payroll practitioners. “We sometimes read of incidents of payroll fraud or noncompliance, and this is usually the result of employing unregulated administrators. For members of a professional body, there are too many controls in place, so poor conduct puts their careers at risk. Therefore, our designations alone promise a high level of compliance and governance.”
 
Employers and unregistered practitioners are invited to enquire about the benefits of SAPA membership.
 
SAPA will be hosting its annual conference this year titled Portraits of Success as follows:

  • Johannesburg from 6 to 7 September
  • Cape Town on 12 September
  • Durban on 14 September
 
To register visit http://www.sapayroll.co.za/Events/Conference.aspx

​ENDS

MEDIA CONTACT: Idéle Prinsloo, 082 573 9219, [email protected], www.atthatpoint.co.za 
 
For more information on SAPA please visit:
Website: http://www.sapayroll.co.za/
Twitter: @SAPayroll
LinkedIn: The South African Payroll Association

​
0 Comments



Leave a Reply.

    Welcome to the South African Payroll Association newsroom.

    Archives

    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016

    Categories

    All
    13th Cheque
    2001
    AA88 Notice
    Accountability
    Arlene Leggat
    Artificial Intelligence
    Attendance
    Auditing
    Baby
    Basic Conditions Of Employment
    BCEA
    Benefits
    Big Data
    Blockchain
    Bonus
    Bonus Payment
    Business Strategy
    Career
    Cathie
    Cathie Webb
    CFO
    Chatbots
    Code Of Good Practice On Equal Pay/Remuneration For Work Of Equal Value
    Compensation And Benefits
    Compensation For Occupational Injuries And Diseases Act
    Compliance
    Confusion
    Constitution
    Consultation Paper For Regulatory Proposals On Payroll Deductions
    Continuous Professional Development Programme
    Courts Of Law Amendment Act No. 7 Of 2017
    CPD
    Data Security
    Deadline
    Debt
    Department Of Labour
    Digital Payroll
    Downgrade
    Easy Payroll
    Economic Outlook
    Economy
    Emloyee
    Emolument Attachment Order
    Employee
    Employee Benefits
    Employee Engagement
    Employee Morale
    Employee Privacy
    Employees
    Employee Satisfaction
    Employer
    Employment
    Employment Act
    Employment Equity Act 55 Of 1998
    Employment Tax Incentives (ETI)
    Employment Termination
    Equal Pay
    Ethics
    Fair Pay
    Families
    Family
    Female Dominated Sector
    Finance Minister
    Financial Security
    Flexi-time
    Fraud
    Future-ready
    Garnishee Bill
    Garnishee Order
    Garnishees
    Gender
    Gender Shift
    Gig Economy
    Global Trends
    Good Governance
    Governance
    Health
    Home-based Job
    Hospitals
    HR
    Human Resources
    Imbalance
    Income Tax
    Increase
    Industrial Action
    Inequalities
    Internet Of Things
    IRP5
    James McKerrell
    Job Requirements
    Jobs
    Junk Status
    Key Performance Indicators
    King IV
    KPI's
    Labour Law Amendment Act 2015
    Lavine Haripersad
    Leave
    Legislation
    Lifestyle
    Malusi Gigaba
    Manager Benefits
    Medical Aid
    Minister Of Labour
    Minister Of Labour In Government Gazette Notice No. 588
    Mobile Payroll
    Moira Du Plessis
    Morals
    National Budget 2018
    National Budget Speech
    National Health Insurance
    National Minimum Wage
    National Payroll Week
    NHI
    Nicolette Nicholson
    No Work
    Now Pay
    NQF Level 4 And 5
    Occupational Health And Safety Act
    Overtime
    Paternity Leave
    Pay
    PAYE
    Pay Gap
    Payroll
    Payroll Career
    Payroll Data
    Payroll Deductions
    Payroll Effectiveness
    Payroll Errors
    Payroll Fraud
    Payroll Innovation
    Payroll Professionals
    Payroll Staff
    #PayrollWeekSA
    Payslip
    Performance Bonus
    Performance Management
    Personal Data
    Personal Information
    Pravin Gordhan
    Privacy Rights
    Productivity
    Professional Membership
    Protection Of Personal Information Act
    PTSD
    Public Health
    Qualifications
    Qualified
    Recession
    Reduced Benefits
    Reduced Pay
    Reliable
    Remote Workforce
    Reputation
    Resession
    Retirement
    Retirement Annuity
    Retrenchment
    Risk Mitigation
    Salary
    Salary Increase
    Salary Increases
    Salary Negotiations
    Salary Raise
    SAPA
    SAPA 2018 Conference
    SAPA Awards
    SAPA Conference
    SARB
    SARS
    Sharing Economy
    Sick Leave
    Skills
    Skills Development
    Small Businesses
    South African Board For People Practices
    South African Economy
    South African Payroll Association
    South African Revenue Service
    Staff
    Strikes
    Successful Payrol
    Tax
    Tax Application
    Tax Professional
    Tax Reform
    Tax Risk
    The Basic Conditions Of Employment Act
    The National Union Of Metal Workers Of South Africa
    The Payroll Practice Standard
    The South African Payroll Association
    The South African Reserve Bank
    Third-Party
    UIF
    UIF Benefits
    Unemployment
    Unemployment Insurance Act
    Unemployment Insurance Contributions Act Of 2002
    Val Forrest
    Voluntary Deductions
    Wage Overpayments
    Wages
    Wellbeing
    Women's Month
    Work Environment
    Work Ethic
    Work-life Balance
    Youth
    Youth Month

    RSS Feed

CONTACT US

office [at] atthatpoint [dot] co [dot] za
© COPYRIGHT 2024
ALL RIGHTS RESERVED
  • home
  • our story
  • our services
  • your resources
  • SA Industry News