Every New Year people around the globe start making New Year’s resolutions. Companies try to motivate their staff for better performance. Leaders speculate what the year has in store for them. I am asking the same for payroll. What does 2013 have in store for payroll?
Last year we saw the announcement of proposed changes to the Basic Conditions of Employment Act, the Labour Relations Act and the addition of a Tax Administration Act. During the budget speech in February 2012 and the interim budget speech in August 2012, the minister of finance spoke of the proposed changes and additions to the Medical Tax Credits.