Sage Payroll Professional

A patch file has been deployed for Sage Business Cloud Payroll Professional Release 6.2a on 22 April 2024. The following message will display on the Payroll Subscription screen: What is included in the patch file? The patch file includes: …

The 2024/2025 Income Tax Amendments for Lesotho have been passed into law as per Regulation no. 25 of 2024. Lesotho Income Tax (AMA) Regulations No.25 of 2024.pdf The amendments are as follows: Increase in the tax credit from M10 824 (M902 per…

The Lesotho Minister of Finance and Development Planning delivered the 2024/2025 Budget Speech on 21 February 2024. Click here to view the details of the speech. The following change(s) have been proposed during the budget speech: Adjustments…

The latest update to Sage Business Cloud Payroll Professional Release 6.0c is now available and includes new features that will help you process your payroll. Click here to download the Release Notes for Release 6.0c What is included in this update…

A patch file has been deployed for Sage Business Cloud Payroll Professional Release 6.0b on 26 June 2023. The following message will display on the Payroll Subscription screen: What is included in the patch file? The patch file includes: Lesotho…

The latest update to Sage Business Cloud Payroll Professional Release 6.0b is now available and it includes a few new features that will help you to process your payroll. Click here to download the Release Notes for Release 6.0a What is included in…

The new Tax File for Lesotho for 2023/2024, effective April 2023 was deployed on 17 April 2023. The following notice appears on the subscription screen. For more details, please review the original post Lesotho: Income Tax Amendments for 2023/2024…

The Minister of Finance of Lesotho published the Income Tax (Amendment of Monetary Amounts) Regulation (Legal Notice No.23 of 2023) on 24 March 2023. INCOME TAX (AMA) REGULATIONS NO.32 OF 2023.pdf The regulation included the following changes: …

Release 5.9a is now available. What is included in this update? South Africa - Interim EMP501 Reconciliation changes, Qualifying Long Service Award changes, Fixed Rate Directives and Lumpsum changes Tax Table changes: Lesotho, Malawi, and Zimbabwe…

The new tax tables for Lesotho effective 1 April 2022 has been deployed on Sage Business Cloud Payroll Professional. The following message will display on the Active Payroll Subscription screen: The tax table changes will be applied in your Lesotho…

The Minister of Finance published the below Income Tax (Amendment of Monetary Amounts) Regulation containing the new tax rates effective 1 April 2022. https://www.lra.org.ls/sites/default/files/2022-04/INCOME%20TAX%20%28AMA%29%20REGULATIONS%20NO.35…

Click here to download the May 2021 Support Newsflash

Updated Post 15 April 2021 We are pleased to inform you that this incident has been resolved. A fix was deployed into the system to correct the below known issue. How do I know the deployed fix was installed successfully? The start new period…

Click here to download the latest Support Newsflash

In January’s Release 5.5b, provision was made to accommodate Lesotho with the implementation of a Final Deduction System (FDS). Under the FDS, the employer is required to withhold the correct amount of PAYE and to decrease the need for reassessment…

When you launch your system the first time as from 10 March 2021, you will be prompted to update all your payroll companies to Release 5.6a. Take note of the important notice on the subscription landing page: When you launch your subscription, you…

Release 5.6a is scheduled to be deployed on 9 March 2021 and will be available as from 10 March 2021 , which will include the latest tax tables for 2021/2022 for South Africa. Release 5.6a will also include: RSA: Tax Related Changes Affecting the…

When you launch your system the first time as from 20 January 2021, you will be prompted to update all your payroll companies to Release 5.5b. Take note of the important notice on the subscription landing page: Please Note: Please clear your browser…

When you launch your system the first time as from 4 September 2020, you will be prompted to update all your payroll companies to Release 5.5a. Take note of the important notice on the subscription landing page: You will have the option to Update…

A new report has been added to the Lesotho Reports Menu. The P16b is a summary report used for the reconciliation of tax deductions made during the year. The P16b-1 is a detailed report that shows the tax deductions made per Employee. When you run…

Following an announcement by the Government of Lesotho to assist businesses with relief measures to mitigate the economic impact of Covid-19, certain tax relief measures have been introduced for tax compliant businesses. Please click here to view the…

Click here to view the notice released by the Revenue Authority to employers. To summarize: If the change to the credit was not applied in October 2019, it means that employees may have paid more tax than due for that month. To refund this overpayment…