Rob Cooper, tax expert and Director of Legislation at Sage recently commented on some of the key changes in the labour laws. In his article “SA’s labour laws: Key changes and how they will affect you and your business,” he discussed the following:
- UIF
- Labour Bill
- National Minimum Wage Bill
- Employment Tax Incentive (ETI) Act
- Provident Fund Annuitisation
He stated: Our labour laws are constantly evolving as the South African government seeks to balance stronger protections for employees with the need to create a business-friendly investment climate. We can expect to see a number of amendments to the country’s core labour law acts – the Basic Conditions of Employment Act and the Unemployment Insurance Act – over the next couple of years.
For more details, read the article by following the link below:
This article was published in BusinessTech. BusinessTech forms part of MyBroadband, the largest online IT publisher in South Africa with over 1.6 million unique monthly visitors. BusinessTech focusses primarily on business and technology news, but also covers a wide variety of topics that are relevant to the South African public – from health, wealth and lifestyle, to science, politics and general interest