EDUCATION INDUSTRY
Cyber Threats: Top Hackers threatening Higher Education Institutions right now!
Who are these gold miners, and what do they have to gain?
By Comfort Khathi, Tax Trainee
This is achieved by allowing the employer to reduce the amount of Pay-As-You-Earn (PAYE) they pay to the South African Revenue Service ("SARS") while leaving the wage received by the qualifying employees unaffected.
In recent periods it has come to the Government's attention that some taxpayers have devised specific schemes where they claim the ETI regarding individuals who do not meet the definition of an employee as envisioned in the ETI Act.
Read more in our latest article.