| 1. |
In order to finalise the IRP5 particulars for the 2008 tax year and to comply with the tax regulations, the salary system PERSAL does an accumulative tax recalculation for the year for each employee to determine if the correct tax was deducted. This process took place during February 2008.
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| 2. |
The above action resulted in the following:
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| 2.1 |
Amounts "due to you" (tax over-deduction) will be refunded to employees in respect of SITE cases only, i.e. employees earning less than R60 000.
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| 2.2 |
For amounts "due by you", an under-deduction was created under "Tax Debt". For employees who are still in service, the tax debt amount will be deducted programmatically from their salary starting from March 2008 as follows:
- Smaller than or equal to R 100 - 1 instalment
- Smaller than or equal to R 500 - 2 instalments
- Smaller than or equal to R 1000 - 3 instalments
- Greater than R 1000 - 4 instalments
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| 2.3 |
For employees out of service, the necessary debt collection process will be followed.
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| 2.4 |
Please note that this office is currently verifying the report: "List of recalculation of Tax" which indicates all the officials for whom a tax debt has been created or to whom a tax refund must be paid. This action is necessary to verify any discrepancies and then implement the necessary corrections.
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| 3. |
Please bring the contents of this minute to the attention of all employees concerned.
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SIGNED: RM MATLI
HEAD: EDUCATION
DATE: 2008:03:19
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