Implications of the Finance Act 2020 on Personal Income Tax
The Finance Act, 2020 was recently published and we’ve noticed some key elements that will affect how personal income tax will now be computed. Here are the sections of the Act that affect Personal Income Tax: Section 29 of the Finance Act 2020, which states: “Gross income means income from all sources less non-taxable income, […]
Top Five Payroll Challenges and how to Overcome Them
Processing payroll is a function that touches the responsibilities of the HR and Finance departments, and depending on the organisation, either department could be placed in charge of it. For payroll specialists, finance, and HR personnel who work in this capacity, here are some of the challenges faced as they do so. Balancing payroll-related responsibilities […]
