Summary of the PAGSA Communications issued to Members during 2022
The PAGSA Newsflashes that were issued during 2022 (55 in total) are summarised in this last Newsflash of the year, grouped under the statutory bodies that partner with the PAGSA. This summary can be used by members by searching under each statutory body for a particular topic and then using the the Newsflash number to access the Newsflash that is archived on the PAGSA website. In addition to these newsflashes, at the start of each month during 2022 the PAGSA issued a summary of the employment tax-related notices, regulations and amending legislation issued by the statutory bodies with links to assist the easy retrieval of these documents. These important monthly notices are not included in this summary, but are available on the PAGSA website. As a last word from 2022, be prepared for significant changes to the legislation and the administrative requirents in the coming year. Newsflashes listed per Statutory Body – 2022
National Treasury
PAGSA NF 2022/02 – Date of 2022 Budget Review
Budget Review expected to be presented on Wednesday 23 February 2022. PAGSA NF 2022/03 – Final Tax law changes: General
Discusses the general changes to tax-related legislation that are effective from 1 March 2022. PAGSA NF 2022/05 – SONA: ETI Review
State of the Nation Address on 11 February 2022 indicates changes to the Employment Tax Incentive Act. PAGSA NF 2022/07 – Final Tax law changes: ETI Overview
Overview of the ETI Monthly Remuneration amendment that is effective from 1 March 2022. PAGSA NF 2022/09 – Final Tax changes: Pending clarification
Two complicated amendments that the PAGSA has been discussing with the authorities for some time to get clarity. PAGSA NF 2022/10 – Final Tax changes: Long service awards
SARS opinion on the changes to the taxation rules for qualifying Long Service Awards, and the correct method of reporting this information on tax certificates. PAGSA NF 2022/11 – Increase to the ETI value
The Budget Review of 23 February 2022 announced changes to the ETI calculation formulae that increase the value of the ETI amount by up to 50%, effective from 1 March 2022. PAGSA NF 2022/15 – Final Tax changes: Curbing ETI abuses
Discussion of the details of the amendments to the ETI Act (Employment Tax Incentive Act) to curb ETI abuse that are effective from 1 March 2022. PAGSA NF 2022/16 – Curbing ETI abuses: Confidentiality relaxation
Due to the complexity of the changes to the Employment Tax Incentive Act that seek to curb the abuse of ETI the confidentiality requirement for this newsflash was relaxed to enable distribution to all clients of PAGSA members. PAGSA NF 2022/20 – Tax Relief for KZN Floods
Update on indication of any changes to the legislation to provide tax relief. PAGSA NF 2022/49 – Budget 2023: Comments invited
Comments on personal employment tax legislation invited from PAGSA members for submission to National Treasury and SARS. PAGSA NF 2022/50 –Public holiday: 27 December 2022
Special announcement by the State President. SARS
PAGSA NF 2022/01 – Tax deduction PAYE on Pension or Annuity
In terms of Fourth Schedule paragraph 2(2B) SARS issues a notice that introduces a new method of calculating PAYE for pensioners who receive annuity income and additional remuneration. PAGSA NF 2022/08 – PAYE BRS for 2022-23 issued
After discussions with the PAGSA, version 21.0.0 of the SARS PAYE Business Requirements Specification that provides the rules governing tax certificate layout and data has been issued by SARS. PAGSA NF 2022/12 – Subsistence: Overnight & daily rates
SARS regulation that specifies the 2023 deemed daily subsistence thresholds. PAGSA NF 2022/13 – Rate per kilometer: 2023 Tax year
SARS regulation specifying the 2023 prescribed rate per kilometer and the Cost Scale table. PAGSA NF 2022/17 – Employer Filing Season: Year ending Feb 2022
Employers filing season start and end dates. PAGSA NF 2022/19 – Penalties for late submission of EMP501
The SARS notice clarifies that administrative penalties will be raised on late (i.e.