SARA’s 2020/21 Regional Tax Updates, presented by Jerry Botha (SARA Exco member and Master Reward Specialist), are aimed at providing the reward professional with key information on previous years’ and expected future tax law changes, as well as other important Budget announcements directly impacting the profession. This year’s 2020/21 Budget Announcement is not expected to be a pro-taxpayer or pro-employee budget, simply due to the economic position of the fiscus and South Africa in general. With HNI proceeding, the level of tax relief, medical tax credits and additional tax pressure on employees will be unpacked. The latest SARS audit approaches as well as tax court cases that have a direct impact on remuneration professionals will also be covered.
We encourage members to bring their wider teams and colleagues to the events. This does not only foster an appreciation for the complexities of being a remuneration and reward professional, but also highlights the value and critical role of our profession for a modern and sustainable employer.