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n IMFO : Official Journal of the Institute of Municipal Finance Officers - Proposed taxation changes relating to employees and employers : legal corner
The Draft Revenue Laws Amendment Bill, 2008, ("Draft RLAB - 08") introduces amendments to various acts. In this article I highlight some of the proposed amendments affecting individuals and their employers.
At the outset I must mention that the entire Draft RLAB - 08 consist of more than 100 pages. It will be understood that this article only scratches the surface of some of the proposed amendments. It is in the interest of both employers and employees to review their payroll and remuneration practices on a regular basis to ensure that these changes have been dealt with properly and that the benefits are passed onto the employees.
I this article I cover some of the changes effecting employees and employers as well changes surrounding certain retirement issues.
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