Pastel Payroll News
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infoCORE is offering 20% off Pastel Payroll Training

infoCORE is offering 20% off all Pastel Payroll Training Courses for July 2012.

This is for all courses provided by Pastel Payroll at all of their traing centers country wide. 

Click here for details.

 
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New Medical Aid Legislation effective 01 March 2012

Conversion of Medical Aid Scheme Contribution Deductions to Medical Scheme Contribution Tax Credits.

In a nutshell this means that the tax benefit of belonging to a Medical Aid Scheme is now calculated AFTER calculating PAYE on taxable income and then applying the tax credit. We will explain a bit more and provide an example.

Medical Aid Changes Example

Joe Brown, age 37, a member of ABC Medical Aid, earns a salary of R30 000 per month. His employer pays 50% of his total medical aid contribution of R4800 on his behalf. John is married to Lisa and they have two children.

 
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Payroll bubbleTwo New Pastel Payroll Products

Pastel Payroll has brought out two new offerings to their already brilliant range of products. Pastel Payroll 5 in 1 and Pastel Payroll InTime.

The first of them is Pastel Payroll 5 in 1. What this really is is Pastel Payroll plus 5 add-on modules at a ridiculously reduced price.